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 are insured, the insurance may also...
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 में भारत के पांच वित्तीय संस्थान घुटने टेक चुके हैं.
कहानी...
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...
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 (RBI) on Thursday morning directed the country’s largest private sector lender, HDFC Bank, to temporarily...
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 internal working group of the Reserve Bank of India recommended...
G.R. Gopinath DECEMBER 02, 2020 00:15 IST UPDATED: DECEMBER 01, 2020 22:58 IST
They will not only enrich themselves but also crush competition
First, a confession is in order. Would I want to own a bank and have a key to the bank treasury to start a new airline? You bet! Can...
New suggestions says corporates may become promoters of banks. They could also make NBFCs more competitive, and generate more interest for banking licences
BY SALIL PANCHAL, Forbes India Staff5 min read PUBLISHED: Nov 21, 2020 09:23:16 AM IST UPDATED: Nov 21, 2020 10:31:58 AM IST
The Reserve Bank of India’s internal working group (IWG) has,...
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.
LVB, a 94-year old lender based in...
