Banking Regulation

SVB now threatens the start-up ecosystem, which is already in the throes of a funding winter due to raising interest rates

Non-bank entities cannot be allowed to undermine the banking system, he says at Business Standard BFSI Insight Summit

The priced band for the IPO is Rs 500-525 per share

Apart from HDFC Bank's 'Vigil Aunty', a host of private sector general insurers also offer individual cyber insurance policies

The lender's board approved raising equity capital up to Rs 3,800 crore, within overall limit of Rs 8,100 crore, said the company in filing with BSE

The firms have been accused of charging excessive interest rates and harassing customers for loan recovery, among other things

What is a neobank?

Bengaluru-based startup Open has recently become India's 100th unicorn. It's a neobank. But, what exactly is a neobank and how is one different from a traditional bank? Let's find out.

The Reserve Bank of India has imposed a penalty on three cooperative banks, including Nagrik Sahakari Bank Maryadit, Raipur, Chhattisgarh, for deficiencies in regulatory compliances

Panel set up by the RBI finds more than half of about 1,100 digital loan providers operate illegally.

President Joe Biden said Tuesday that Saule Omarova's nomination to lead the Office of the Comptroller of the Currency would be withdrawn

RBI accepted 21 of 33 recommendations of internal working group, the key being allowing promoters to hold 26% in the bank they floated. RBI did not mention corporate and NBFC issues in its guidelines

The committee set up by the RBI has five members with Shyamala Gopinathan, former deputy governor, RBI as the chairperson

To have lower minimum capital adequacy ratio than NBFCs; IIFCL to clean up its Rs 4,500-crore bad loans

Inadequately capitalised banks will face problems in increasing their credit portfolios. A credit squeeze on account of banks' balance-sheet constraints would also have larger macroeconomic dimensions

Here's a selection of Business Standard opinion pieces for the day

Growth of NBFCs needs better supervision by RBI

The potential turnaround in banking means the government does not need to act in haste, only to repent at leisure

On the back of resolution and pick up in advances, the bank aims to bring down the gross NPAs below 10 per cent mark by March.

The removal of CEO Sunil Gurbaxani has led the private banking system into uncharted waters

The Rajya Sabha passed the Banking Regulation (Amendment) Bill 2020 through a voice vote on Tuesday