Worried customers have been queuing to withdraw money from India's Yes Bank after the country's central bank seized control of the troubled lender.
The Reserve Bank of India (RBI) said it wanted to "quickly restore depositors' confidence" in the bank.
Depositors...
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...
Author Ranina SanglapTheme Banking
India's nonbanking financial companies will need to choose between cheaper money and less onerous regulation if the central bank accepts a proposal by an internal panel to allow large NBFCs to convert into banks, analysts say.
An...
निधि रायबीबीसी संवाददाता, मुंबई से
6 दिसंबर 2020
बैंकिंग क्षेत्र के शीर्ष नियामक, भारतीय रिजर्व बैंक की इस बात के लिए आलोचना हो रही है कि वो निगरानी की अपनी ज़िम्मेदारी ठीक से नहीं निभा पा रहा है. बीते 30 महीनों...
Author Gaurav Raghuvanshi Rebecca Isjwara
DBS Group Holdings Ltd.'s ambitions to grow in India may get a leg up after the nation's central bank proposed it take over Lakshmi Vilas Bank Ltd., an ailing local lender, by infusing 25 billion rupees of additional capital.
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...
RBI measures won't affect existing customers. Similar measures could be taken for larger banks that faced recent outages
TopicsHDFC Bank | RBI | Digital banking
Subrata Panda & Anup Roy | Mumbai Last Updated at December 4, 2020 01:20 IST
The Reserve Bank of India...
NAVDEEP YADAV DEC 16, 2020, 10:27 IST
In the past two years, more than eight robbery cases amounting up to ₹700 million in the top NBFC companies like IIFL, Manappuram Finance, and Muthoot Finance have been reported.Although the gold ornaments held by these firms...
