banking sector - Latest News, Analysis, Opinion - BW Businessworld

The banking sector is expected to generate sufficient internal capital to support growth and improve capital reserves

Indian Bank Joins Hands With OneCard To launch Mobile-First, Premium Credit Card

This partnership seeks to provide an unparalleled, seamless credit consumption experience to the digitally-savvy consumers in the country

Strengthening Multilateral Development Banks Primary Focus Of G-20 India: Sitharaman

"A primary focus on India's G-20 Presidency in 2023 has been to strengthen multilateral development banks, to address the shared challenges of the 21st century,” she says

RBI’s Policy: A Pause But Caution Warranted

India's growth story remains intact even as the external situation remains shrouded in uncertainties, says SBI in the report

Global Central Banks To Remain Data Dependent As They Battle Elevated Inflation

According to the CME FedWatch tool, markets are now anticipating an 84 per cent likelihood of a 25 bps rate hike by the Fed in the upcoming July 2023 meeting

Ensure Affordable Credit To MSMEs To Achieve $1 Trn Merchandise Exports: Goyal To Bankers

Economy

The minister advises the banks to take advantage of the proposed scheme and extend adequate and affordable export credit to MSME exporters

RBI Approves First Loss Default Guarantee Programme

Previously, the RBI had expressed openness to the concept of FLDG in its Digital Lending Guidelines. However, this is the first explicit approval of such a product by the banking regulator

Overall Deposit Growth In FY24 To Grow Over 11% YoY: SBI

Around 85 per cent of the Rs 2000 notes are deposited in bank accounts and not exchanged for smaller denominations

RBI Governor Speaks On Governance Gaps Found In Banks, Warns Of Volatility

Economy

Das emphasised that it is the joint responsibility of the Chairman of the Board and the Directors, including both full-time and part-time Directors, to ensure robust governance

India’s Banking System Is Safe From Wider Financial Turmoil: Fin Official

Economy

Economic affairs secretary, Ajay Seth spoke with reporters after the meeting of FSDC, which is chaired by the finance minister and brings together the leading regulators, including the country’s central bank

Banking Sector Crisis In US Tightened Credit Conditions: Fed Chair

The latest hike was the same size as its previous rate increase in the March meeting and marked the tenth straight rate hike

'Prepare Good Shareholder Agreement': S Ravi's Word Of Advice For Startups

Arjun Yadav

Entrepreneurship

S Ravi believes that for startups, recognition of each person's role is vital, and without it, they will perish

The Game-changing Role Of AI In Banking

Anurag Sanghai

rtificial Intelligence (AI) is emerging as an essential tool for bankers as they strive to deliver personalised and seamless experiences to their clients while improving their operational efficiency

PSBs' Total Market Cap Rises From Rs 4.52 Lakh Cr In Mar'18 To Rs 10.63 Lakh Cr In Dec'22

According to MoS Karad, the capital adequacy ratio of PSBs has improved significantly from 11.5 per cent in March 2015 to 14.5 per cent in December 2022

Banking Sector Remains Resilient And Stable, Says RBI