There has been a rapid growth in the branch network of SFBs since their inception, but the growth has been concentrated in southern, western and northern regions, which are relatively well-banked regions in the country

Misdirected stimulus that relies heavily on liquidity infusion when demand is depressed and incentivising loan defaults by routinely writing off NPAs threaten financial stability and economic recovery

As more account holders get online to transact, there are problems on user experience on commonly used banking applications

Bank credit grew 3.2 per cent to Rs 107.05 lakh crore in the first nine months of the current financial year, against a growth of 2.7 per cent registered in the corresponding period of 2019-20

Setting up a BIC as a holding company or a core investment company was suggested by the P J Nayak Committee in its report on 'Governance of Boards of Banks in India'

State governments had 54.60 billion rupees ($747.03 million) loans from the RBI in the week ended Jan. 8

I would like to unambiguously reiterate that the Reserve Bank remains steadfast to take any further measures, as may be necessary, while at the same time remaining fully committed to maintaining financial stability, Das said.

The BharatPe-Centrum combine is one of the four bidders that have made submissions to the Reserve Bank of India for acquiring PMC Bank. The other bidders include UK's Liberty Group and two independent business houses

RBI has been trying to tighten regulatory norms on the sector since Infrastructure Leasing & Financial Services, the largest nonbank financial company, went bankrupt in 2018, and Dewan Housing Finance Corp and Altico Capital defaulted on payments in 2019

Kejriwal inspected the COVID-19 vaccination campaign at the Lok Nayak Jai Prakash Narayan (LNJP) Hospital here, interacted with some health workers who received the shot and lauded their contribution in fighting the pandemic

Reserve Bank of India Governor Shaktikanta Das said that it was imperative to identify the root causes of stress rather than addressing the symptoms

The RBI-appointed administrator for PMC Bank issued a public notice seeking a bid for Dassault Falcon 200 (VT-HDL) and Challenger 300 (VT-PIL), and one yacht (Ferreti 881 HT) this week

The RBI paper, authored by Harendra Kumar Behera and Michael Debabrata Patra, finds that there is a steady decline in trend inflation to 4.1- 4.3 per cent since 2014

RBI Governor Shaktikanta Das has been advising banks to proactively raise capital and not wait for a difficult situation to arise due to the ongoing COVID-19 crisis

A combination of cost-push factors including supply side disruptions, sharp increase in international commodity prices, high retail margins and elevated taxes on petroleum products have kept inflation above the upper tolerance band, says Shaktikanta Das

Experts believe retail inflation is likely to average around 6.3 per cent this fiscal and mostly will remain sticky going forward owing to pick-up in demand across sectors

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In July, Mackenzie Scott said she had donated $1.7 billion in the past year to causes including racial equality, LGBTQ rights, public health, and climate change

In a large country like India, which has an aspiring population, financial education cannot remain just the responsibility of financial sector regulators, says RBI Governor Shaktikanta Das

The CPI inflation continues to remain above 6 per cent throughout this year -- except in March -- higher than the Reserve Bank of India's comfort zone of 4-6 per cent