Central Bank of India clarifies all accounts are safe after reports of 187 unauthorised transactions worth Rs 13.97 crore

Read more at:https://economictimes.indiatimes.com/wealth/save/central-bank-of-india-clarifies-all-accounts-are-safe-after-reports-of-187-unauthorised-transactions-worth-rs-13-97-crore/articleshow/135206556.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Central Bank of India has clarified that no customer accounts were affected by the unauthorised RTGS transactions reported in the media. The

SBI’s Setty sees 50 bps more rate hikes, says retail loan quality unlikely to suffer

Read more at:https://economictimes.indiatimes.com/industry/banking/finance/banking/sbis-setty-sees-50-bps-more-rate-hikes-says-retail-loan-quality-unlikely-to-suffer/articleshow/135209277.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/industry/banking/finance/banking/sbis-setty-sees-50-bps-more-rate-hikes-says-retail-loan-quality-unlikely-to-suffer/articleshow/135209277.cms State Bank of India chairman CS Setty noted that upcoming rate hikes could affect discretionary consumption demand. He highlighted that retail

Don’t bank on RBI alone: The investor protection gap in India’s banking system

Read more at:https://economictimes.indiatimes.com/opinion/et-commentary/dont-bank-on-rbi-alone-the-investor-protection-gap-in-indias-banking-system/articleshow/135195341.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst RBI tightly regulates commercial banks and mandates their listing to improve transparency. But while it prioritises depositors’ interests over those of investors,