Category: RBI–Banks
FinMin directs public sector banks to evaluate board performance | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/finance-ministry-asks-psbs-to-evaluate-board-performance-125070600550_1.html “Independent third-party board evaluations are a widely accepted global practice, and India has only recently begun adopting them,” remarked S. Krishnan The finance
We need more urban co-op banks: Satish Marathe – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/current-account/we-need-more-urban-co-op-banks-satish-marathe/article69780204.ece RBI director Satish K Marathe makes a case for the multiplier effect of bottom-of-the-pyramid banking Satish K Marathe, Director, Central Board of the
Public sector banks to hire about 50,000 manpower in current financial year | Banking – Business Standard
Clipped from: https://www.business-standard.com/industry/banking/public-sector-banks-to-hire-about-50-000-manpower-in-current-financial-year-125070600212_1.html Of the total fresh recruitment, about 21,000 would be officers and remaining would be staff including clerks, as per data collated from various
Banking system liquidity hits 3-year high at $3.74 trillion: RBI data | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/banking-system-liquidity-hits-three-year-high-125070301183_1.html Banking system liquidity rose to a net surplus of Rs 3.74 trillion, the highest since June 2022. The market is now awaiting action
Home loan growth primarily driven by existing borrowers: Financial Stability Report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/home-loan-growth-primarily-driven-by-existing-borrowers-financial-stability-report/article69756063.ece Non-home loans, which are mostly used for consumption purposes, formed 55% of total household debt as of March 2025 Housing loans, which form
RBI rate cuts still possible despite neutral stance, says MPC member | Economy & Policy News – Business Standard
lipped from: https://www.business-standard.com/economy/news/rbi-rate-cuts-still-possible-despite-neutral-stance-says-policy-member-125062601136_1.html Bhattacharya said the immediate liquidity withdrawal was necessary because overnight rates had fallen below the floor of the RBI’s rate corridor, warranting calibration
Buy Now Pay Later trap: How even a Rs 1,000 BNPL default can damage your credit score more than a missed home loan EMI – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/buy-now-pay-later-trap-how-even-a-rs-1000-default-can-damage-your-credit-score-more-than-a-missed-emi-3893528/ A missed payment of just Rs 1,000 on a Buy Now, Pay Later (BNPL) plan can hurt your credit score more than a
RBI forex reserves to shield India from turmoil, MPC member says – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/forex/rbi-forex-reserves-to-shield-india-from-turmoil-mpc-member-says/article69726932.ece Ram Singh, an external member of the monetary policy committee with the RBI, said that he expects the country’s foreign-exchange buffer to help
*******Neutral stance gives flexibility to move up or down: Nagesh Kumar | Economy Interviews – Business Standard
Clipped from: https://www.business-standard.com/economy/interviews/neutral-stance-provides-flexibility-to-move-up-or-down-125062200521_1.html Nagesh Kumar, external member of the Reserve Bank of India’s (RBI’s) monetary policy committee Listen to This Article Nagesh Kumar, an external member
*******Good show by banks as most register a rise in profit, but challenges ahead | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/good-show-by-banks-as-most-register-a-rise-in-profit-but-challenges-ahead-125062200482_1.html Overall, public sector banks have put up a better show than private banks on most parameters Lower NPAs and higher provision coverage denote
*******Policy easing call this cycle to be more data-dependent: MPC member Saugata | Economy Interviews – Business Standard
Clipped from: https://www.business-standard.com/economy/interviews/policy-easing-call-this-cycle-to-be-more-data-dependent-125062200700_1.html This (West Asia conflict) is just one of the sources of uncertainty, albeit the 800 pound gorilla at the moment Saugata Bhattacharya, Member
*******There is nothing in MPC statement to suggest rate hikes are next: Ram Singh
Clipped from: https://www.business-standard.com/economy/interviews/there-is-nothing-in-mpc-statement-to-suggest-rate-hikes-are-next-125062200523_1.html Ram Singh said lower inflation print than the forecast will strengthen the case for a rate cut Ram Singh, Member of Reserve Bank
RBI deepens scrutiny of bank board meetings and governance practices | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/rbi-deepens-scrutiny-of-bank-board-meetings-and-governance-practices-125062300004_1.html The central bank’s message (through SSMs) is clear: Mere box-ticking will not suffice In the immediate aftermath of the derivatives mess at IndusInd