These temporary restrictions will be lifted after the RBI is satisfied with necessary compliance on the part of the private sector lender.
The Wire Staff BANKING 23 HOURS AGO
New Delhi: In what is likely an unprecedented move, the Reserve Bank of India (RBI) appears to have taken HDFC Bank to task...
"It would have been a shocker if RBI would have approved the merger. I am surprised RBI did not announce its decision earlier as the entity was in the news for the wrong reasons,” asserts research analyst Hemindra Hazari.
3 min read. Updated: 29 Oct 2020, 09:39 AM IST Tauseef Shahidi , Nikita Kwatra
Indian CEOs are increasingly likely to ‘resign’ rather than retire, a Mint analysis shows
Top Indian corporate leaders last fewer years in office than politicians do. A chief executive officer or managing director of an average BSE 500 company...
Chloe Cornish
Grappling with bad loans, weak loan growth and leadership uncertainty, its valuation is under pressure
Prathamesh Mulye
Getty images
It’s now an accepted fact that Indian banks leave too much to be desired in terms of maintaining clean books. One of the most high-profile bankers fell from grace due to his willingness...
By energy reporter Daniel Mercer
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