Latest Articles in Banking Finance
Indian Bank To Link Retail, MSME Loans To RBI's Repo Rate From Oct 1
The RBI has mandated all banks to link their loans with external benchmarks, such as repo, aimed at faster transmission of rate cuts effected by it to consumers.
Read MoreDepositors Protest As Curbs Put On Indian Co-Operative Bank
Thousands of depositors across various branches stood outside demanding answers on their life savings.
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Flipkart Co-founder Sachin Bansal Acquires Chaitanya Rural
Bansal will invest Rs 739 crore (about $104 million) in Chaitanya Rural and take charge as its CEO.
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A Useful Risk Profiling “Shortcut”
If you’re one of the large majority of people who would much rather not undertake a lengthy risk profiling questionnaire, here’s a simple three-question quiz that can help you arrive at a “quick and dirty” estimate of your investment risk taking potential (assuming, of course, that you answer them honestly).
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RBI Imposes Restrictions On PMC Bank; Withdrawal Restricted To Rs 1,000 Per Account
The RBI monitors banks' health and issues such directions in case of concerns over financial health of an institution. However, no reasons were specified by the central bank for its restrictions on PMC Bank.
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Bank Unions Defer 2-day Strike; Operations To Be Normal On Sep 26-27
Four unions of bank officers had threatened to go on a two-day strike from September 26 to protest against merger.
Read MoreDBS Expects Modest Rate Cut At RBI's MPC Meeting In October
RBI Governor Shaktikanta Das also reinforced his dovish bias due to weak inflation and negative output gap.
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Experience More Relevant Than What You Learnt: Das On His History Background
Academic qualification of the head of the central bank is not relevant, but what matters is his/her grip on the economy, general awareness about the issues facing the economy and professional experience, is how Das has deflected the question from an audience who sought to know whether his non-economic academic background has weighed him down as the governor.
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SBI To Adopt Repo Rate As External Benchmark For All Floating Rate Loans
The external benchmark for all floating rate loans for MSME, housing and retail loans effective October 1, 2019.
Read MoreDigitising Motor Insurance Is A Win-Win Situation For Customers: Rakesh Goyal, Director, Probus Insurance Broker
In an interview with BW Businessworld, Rakesh Goyal, Director, Probus Insurance Broker, talks about motor insurance proposition, digital initiatives in the sector and more
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Rana Kapoor Sells Rs 337 Crore Of Shares In Yes Bank
In April 2018, Morgan Credits, placed NCDs worth Rs 1,160 crore with Reliance Nippon. With the same amount, they were supposed to raise funds for incubation of startups.
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RBI Expects Growth To Pick Up From Q2 On Govt Spending
Governor also welcomed the government announcement in the morning to slash corporate tax across the board.
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Finmin Gets Nearly 100 Applications For Post Of RBI Deputy Governor
Persons with at least 25 years of work experience in an Indian or international public financial institution could also apply for the post.
Read MoreRegulations Have Pushed Wealth Management Industry Towards Greater Transparency: Rohit Sarin, Founder Partner, Client Associates
In an interview with BW Businessworld, Rohit Sarin, Founder Partner, Client Associates talks about the wealth management industry, mutual funds, risk management and more.
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ADB President Takehiko Nakao Resigns
Takehiko also emphasized ADB must continue to be an important centre for fostering cooperation and friendship among countries.
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