RBI Aims to Strengthen Regulations From implementing the expected credit loss (ECL) model for asset classification to conducting a thorough review of loan rates, the...

Bank

NPA Risk for Banks and NBFCs Could Rise Due to Delay in Over 40% of Infrastructure Projects

PJdesk - 30/05/2024 0

NPA Risk for Banks and NBFCs NPA Risk for Banks and NBFCs May Surge Amid Delays in 40% of Infrastructure Projects A recent report by the...

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UBS Unveils Empowering Transformations to Group Executive Board for Brighter Future

PJdesk - 30/05/2024 0

UBS Group Executive Board Restructure Zurich, 30 May 2024* – UBS has marked significant milestones in its integration of Credit Suisse, with the merger of...

Bank

RBI takes strict action against ECL Finance and Edelweiss ARC

PJdesk - 30/05/2024 0

RBI Tightens Grip on ECL Finance, Edelweiss ARC Continuing its oversight of banks and other financial institutions, the Reserve Bank of India (RBI) announced on...

Bank

RBI Launches G-Secs App to Attract Retail Investors

PJdesk - 29/05/2024 0

RBI news update On Tuesday, the Reserve Bank of India (RBI) launched three major initiatives, including a mobile app, to enable retail investors to participate...

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HSBC Asset Management Company India and its trustees settle a Sebi notice by paying Rs 23.9 lakh

PJdesk - 28/05/2024 0

HSBC India AMC Settles SEBI HSBC Asset Management (India) Pvt Ltd, along with four trustees, collectively paid Rs 23.92 lakh to the Securities and Exchange...

Bank

RBI Penalizes Yes Bank for Imposing ‘Zero Account Balance’ Charges

PJdesk - 28/05/2024 0

Yes Bank news: The RBI has imposed penalties on ICICI Bank and Yes Bank, amounting to Rs 1 crore and Rs 91 lakh, respectively, for...

Bank

The RBI will repurchase government bonds valued at Rs 40,000 crore

PJdesk - 28/05/2024 0

RBI News update: On Monday, the Reserve Bank of India (RBI) announced it would repurchase government bonds worth Rs 40,000 crore on Thursday. Bond market...

Bank

Philippines expects 150 bps rate cuts in 2 years: finance minister

PJdesk - 27/05/2024 0

Philippines fiscal policy update: The finance minister of the Philippines, Ralph Recto, who is a member of the seven-member policy-making monetary board, stated on Monday...

Bank

Kotak Mahindra Bank adjusts fees for savings and salary accounts: Review the specifics.

PJdesk - 25/05/2024 0

Kotak Mahindra Bank news: Kotak Mahindra Bank, a private lender, has made adjustments to the charges associated with certain services on both salary and savings...

Bank

SBI might decisively and optimistically raise infrastructure loan rates if the RBI’s transformative draft regulations are implemented, according to Dinesh Khara

PJdesk - 25/05/2024 0

SBI loan rate update: State Bank of India’s chairman, Dinesh Kumar Khara, indicated that the bank might reprice infrastructure loans if the Reserve Bank of...

Bank

ICICI Bank appointed Pradeep Kumar Sinha as Part-time Chairman after RBI’s approval

PJdesk - 25/05/2024 0

ICICI Bank appointed Pradeep Kumar Sinha The Reserve Bank of India has approved the appointment of Pradeep Kumar Sinha as the Part-time Chairman of ICICI...

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About 92 percent of Indian executives cite security vulnerabilities as the primary obstacle to responsible AI usage: Deloitte report

News PJdesk - 19/12/2024 0

According to the AI at a crossroads: Building trust as the path to scale report by Deloitte Asia Pacific, about 92 percent of Indian executives...

Bank

RBI MPC Update: Repo rate likely to remain unchanged as inflation concerns take precedence

RBI imposes monetary penalty on The Sathamba People’s Co-operative Bank Ltd

Poland Boosts Support to the World Bank’s International Development Association, fund for low-income countries

Credit growth to moderate, asset quality pressure to rise: ICRA

RBI keeps Repo Rate steady at 6.5%, shifts policy stance to “Neutral”

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