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Total 1399 results found. Search for [ rbi guidelines ]

Results 1 to 21 of 1399
BusinessToday.In
May 4, 2021
Net profit in the March ended quarter stood at Rs 512 crore, up 278 per cent on a year-on-year basis and 35 per cent on a sequential basis


Shubham Verma
May 4, 2021
Google is only complying with the mandate that the Reserve Bank of India issued earlier this year.


Anand Adhikari
April 29, 2021
There are over a dozen ARCs in the private sector, though only 3-4 dominate the bad loan resolution business; more freedom and flexibility is needed to strengthen them


Joe C. Mathew & Ashutosh Kumar
New Delhi, April 29, 2021
With India firmly in the grip of the second Covid wave, the much-expected catapult from a buoyant Q1 is unlikely. How should the Centre steer a slowing economy?


PTI
April 28, 2021
Even if there is some delay of a month or two (in repayment), it will not sustain as the pent-up demand will take care of the business and collections. So, I don't see a big risk for NPAs, Umesh Revankar said


BusinessToday.In
April 28, 2021
Bank Holidays May 2021: As per the RBI, banks in most states will remain shut on May 14 on account of Eid-Ul-Fitr. Besides, some banks will also observe holidays on Akshaya Tritiya, Labour Day, Buddha Pournima, Id-Ul-Fitr, and Jumat-ul-Vida


Aprajita Sharma
April 28, 2021
While the P2P lending segment is regulated by the Reserve Bank of India, one must be careful about the risks involved. Just like any other form of lending, P2P lenders have to manage the risk of default


BusinessToday.In
April 28, 2021
The committee will review existing legal and regulatory framework applicable to ARCs and recommend measures to improve their efficacy. It'll also review the role of ARCs in resolution of stressed assets, including under IBC


BusinessToday.In
April 27, 2021
As per RBI guidelines, a savings or current account becomes 'inoperative' without transactions for two years


PTI
April 27, 2021
The guidelines provide necessary instructions for the appointment of SCAs/SAs, the number of auditors, their eligibility criteria, tenure and rotation, etc., the RBI said


PTI
April 27, 2021
According to the order, all social, political, sports, entertainment, academic, cultural, religious functions and other gatherings and congregations are prohibited and religious places will remain closed for public


BusinessToday.In
April 24, 2021
ICICI Bank's board has recommended a dividend of Rs 2 per share, equivalent to dividend of $0.05 per ADS. The declaration of dividend is subject to requisite approvals


BusinessToday.In
April 20, 2021
The committee will review existing legal and regulatory framework applicable to ARCs and recommend measures to improve their efficacy, and their role in resolving stressed assets


BusinessToday.In
April 17, 2021
Amid the second wave of COVID-19 cases, HDFC Bank said that its board of directors has decided not to offer a final dividend for FY21 in view of the persisting uncertainty


Srinath Sridharan | Shashidhar KJ
April 16, 2021
With the government unwilling to foot the bill on digital transactions and no viable business model for banks, there are no incentives for banks to maintain the UPI infrastructure


Manoj Sharma
April 16, 2021
The lockdown-like curbs cast a dark shadow over India's ongoing economic revival. In fact, after the pent-up demand of July-Dec period subsided, the economy had started already losing momentum beginning January 2021, well before the second Covid wave intensified


PTI
April 11, 2021
The study highlighted that the imposition of service charges resulted in undue collections to the tune of over Rs 300 crore from among nearly 12 crore Basic Savings Bank Deposit Account (BSBDA) holders of SBI during the period 2015-20


Aprajita Sharma
April 8, 2021
For the financial year 2020-21, equity fund flows remained net negative as outflows persisted from July 2020 to February 2021. The outflows were triggered by a bounce-back in the market post Covid crash that drove investors to book profits or rebalance their portfolios


BusinessToday.In
April 7, 2021
RBI has proposed to make interoperability mandatory for full-KYC PPIs and for all acceptance infrastructure.


PTI
April 7, 2021
It is proposed to constitute a committee to undertake a comprehensive review of the working of ARCs in the financial sector ecosystem, RBI Governor Shaktikanta Das said


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