Banking & Finance

Shaktikanta Das: Need review of customer service, grievance mechanism He also cautioned against the mushrooming of digital lending apps, or DLAs, many of which do not abide by any regulations. Reserve Bank Governor Shaktikanta…

RBI reviewing regulation for governing non-core business of banks The modifications in relation to banks' non-core business could be made by amending the Banking Regulation Act The Reserve Bank of India (RBI) intends to change…

Kotak Institutional expects PVR business to recover, sees 30% upside for stock Synopsis As for the September quarter, PVR logged a significant fall in footfalls owing to a number of factors at play. Nonetheless, the brokerage…

Common window for inter-regulatory products, services According to the RBI, financial products and service providers whose business models, activities and features fall within the remit of more than one financial sector…

The role of Fintech companies in strengthening the banking and online payment sector in rural India India’s FinTech market is among the fastest growing and is ranked the third-largest FinTech market globally with an expected…

RBI releases guidelines for banks to manage foreign currency exposure RBI has directed banks to assess the unhedged foreign currency exposures of all counterparties to whom they have an exposure in any currency. The Reserve…

Bank of England expands emergency effort to stabilise financial markets The Bank of England expanded its emergency effort to quash upheaval on financial markets unleashed by the government's plan to slash taxes, saying fluctuations in bond…

Axis Bank Ltd spurts 1.67%, rises for fifth straight session Axis Bank Ltd is quoting at Rs 789.85, up 1.67% on the day as on 12:44 IST on the NSE. The stock is down 0.92% in last one year as compared to a 4.88% slide in NIFTY and a 1.02%…

Bandhan Bank Q2 business update: Collection efficiency rises to 97% excluding NPAs Bandhan Bank Q2 business update: As per the initial disclosures of the bank, loans and advances at the end of the second quarter stood at Rs 99,374 crore,…

ICICI Bank’s Silent Alchemist Sandeep Bakhshi has made his mark by sticking to the basics of banking and fostering a non-hierarchical team structure. WHAT HAPPENS IF an employee fails to recognise the CEO of his company? It would be an…