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RBI lays out roadmap for small lenders to achieve universal bank status

The criteria include a five-year track record of satisfactory performance, a net worth of 10 billion rupees, meeting capital requirements, recent profitability and limited non-performing assets, the Reserve Bank of India (RBI) said. Existing promoters can continue without new additions and approved shareholding plans will remain unchanged, while diversified loan portfolios are favoured, the central bank said.

India , Reserve-bank , India-central-bank , Small-lenders , Criteria , Universal-bank-status , Retail-clients , Market-listing , Corporate-clients , Capital-requirements , Reserve-bank-of-india-rbi-

Daily Voice: Industrials space can't be ignored, invest with a bottom-up approach, says this CIO

Markets are extrapolating the current run rate in auto numbers and hence from safety point of view, autos can be avoided for the time being, Umeshkumar Mehta advised.

India , China , Umeshkumar-mehta , Monetary-policy-committee , Samco-mutual-fund , People-bank , India-central-bank , Samco-mutual , Central-bank , Rbi-monetary-policy , Bse-sensex , Nifty-50

RBI MPC Policy: Mutual fund managers decode RBI rate pause for investors

Reserve Bank of India in its bi-monthly monetary policy review again decided to keep the policy rate unchanged at 6.50%.

India , Shriram-amcas , Deepak-ramaraju , Deepak-agrawal , Kotak-mahindra , Anurag-mittal , Umeshkumar-mehta , Nilesh-shah , Parijat-agrawal , Vikas-garg , El-nino , Vikrant-mehta

RBI at 90: India's central bank must do better on supervisory front to not sully its track record

Reflecting on the 90-year journey of India's RBI, from political shifts to economic reforms, and its pivotal role in financial evolution. While successes in monetary policy stand out, challenges in bank supervision remain. Urgent reforms are needed for a resilient future.

Australia , New-zealand , India , Raghuram-rajan , Charles-kettering , Ashneel-grover , Will-rogers , Silicon-valley-bank , Governor-of-the-bank , Paytm-payments-bank , East-asian , Central-government

Ratul Puri vs Bank Of Baroda on 29 February, 2024

Ratul Puri vs Bank Of Baroda on 29 February, 2024
indiankanoon.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiankanoon.org Daily Mail and Mail on Sunday newspapers.

India , Kolkata , West-bengal , Anuppur , Madhya-pradesh , State-of-goa , Goa , Hooghly , Badrinath , Uttaranchal , Gorkha , Haryana

Supply Chain Resources Group Bolsters Leadership Team with Esteemed Board of Advisors

/PRNewswire/ -- Supply Chain Resources Group, a leading global provider of world class engineering and operations professionals through its Talent-on-Demand...

Mumbai , Maharashtra , India , Texas , United-states , Stanford , California , San-francisco , Japan , Palmetto , Japanese , Henry-schein

ECB hawk Schnabel lifts EU bond yields with FT comments

EU mid-market update: ECB hawk Schnabel lifts EU bond yields with FT comments; Market waits for more Fed speak.

Thailand , Taiwan , Italy , Brazil , Czech-republic , United-kingdom , Israel , Spain , Canada , Philippines , Germany , Saudi-arabia

Share Market Highlights 08 January 2024: Sensex sheds 671 pts, Nifty closes around 21,500

Share Market Highlights 08 January 2024: Sensex sheds 671 pts, Nifty closes around 21,500
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Chambal , India-general- , India , Gaza , Israel-general- , Israel , Cochin , Kerala , Bihar , Turkey , Australia , Japan

Debt Outlook 2024: At peak rates, time to play bond yields at short and long tenors

Debt Outlook 2024: At peak rates, time to play bond yields at short and long tenors
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Japan , India , Israel , Nippon , Aditya-birla-sun , Bloomberg , Twitter , Prudential , Linkedin , Jp-morgan , Facebook , India-central-bank

RBI extends PIDF scheme by 2-years till Dec 2025

Reserve Bank of India (RBI) extended the Payments Infrastructure Development Fund (PIDF) Scheme till December 2025, expanding its coverage to include sound box instruments and Aadhaar-enabled biometric devices. The scheme aims to promote payment infrastructure in smaller regions and currently holds a corpus of Rs 1,026.37 crore as of November 30, 2023. Operational since January 2021, it focuses on deploying payment acceptance technology in tier-3 to tier-6 centers, North Eastern states, Jammu & Kashmir, and Ladakh.

Jammu , Jammu-and-kashmir , India , Ladakh , Bharat , Union-territories-of-jammu-kashmir , Public-switched-telephone-network , Packet-radio-service , Payments-infrastructure-development-fund , Reserve-bank , Quick-response