Category: RBI–Banks
Vishwakarma scheme faces challenges with loan approval rate at just 28%
https://www.business-standard.com/industry/news/vishwakarma-scheme-faces-challenges-with-loan-approval-rate-at-just-28-125041001044_1.html Clipped from: https://www.business-standard.com/industry/news/vishwakarma-scheme-faces-challenges-with-loan-approval-rate-at-just-28-125041001044_1.html While a total of 13.93 lakh loan applications were submitted to PSBs, only 3.9 lakh were approved, highlighting a significant gap in
***Banks seek power to freeze accounts in case of illicit transactions | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/banks-seek-power-to-freeze-accounts-in-case-of-illicit-transactions-125041300363_1.html “In light of this, we may propose this as a suggestion for further consideration by the RBI,” a working group constituted by the
RBI Guv on IndusInd and New Bank of India -[1] I wouldn’t call them total failures [2] They are episodes [3] We have to ensure through various means that these incidents happen lesser in frequency– News Courtesy Business Standard
RBI DG Mr Swaminathan J — We never waste a crisis. There will be learning and the supervisory tools will get better with each episode.
Balanced, for now – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/balanced-for-now/article69427187.ece Tariff war unlikely to unsettle the external account External account seems unscathed for now | Photo Credit: suman bhaumik ‘Reciprocal tariffs’ announced by
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