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Latest Articles in ss mundra

‘Hopes Of Money Not Returning To Banks Post Demonetisation Unmet’

The Central bank had said on August 30 that as much as 99 per cent of the junked Rs 500 and Rs 1,000 notes have returned to the banking system, following the demonetisation exercise in November last year

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RBI Asks Banks to enable account number portability

RBI Deputy Governor S S Mundra has asked banks to work towards account number portability as it will be a far-reaching step towards enhancing competition and improving customer service

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SS Mundra Downplays Money Deposit Issue On Zero-balance Accounts

The banks are investigating from their branches whether account holders have put in money or business correspondents have done it

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Jottings: Discount War

Future Group recently announced its plan to launch a discount scheme on the first eight days of every month at its retail arm Big Bazaar

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RBI Says Bank Mergers Have To Be Focused And Strategic

Deputy Governor S.S. Mundra warns that merging a weak bank with a strong bank might weaken the stronger lender

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RBI Says Looking Into Debt-For-Equity Swap Provision For Banks

Strategic Debt Restructuring aims to allow banks to take majority ownership of troubled firms and look for new owners

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