Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
The modifications in relation to banks' non-core business could be made by amending the Banking Regulation Act
Credit cooperatives constitute the bulk of the MSCS (610), followed by agriculture-oriented MSCS (244)
Depositors to get insurance claim, amount of Rs 193.68 cr already paid out
The central government is seeking to remove the 10 per cent shareholding cap for individuals in public sector banks (PSBs). Read more in our top headlines
The government is mulling an amendment that will allow the Centre a total exit from banks, fully privatising PSBs, a report said
Whichever way you look at it, a PE wave is set to enter banking
Is it becoming a routine affair, like being fined by the traffic police for jumping the red light or by a TTE for travelling without a ticket on a Mumbai local?
The lender, which holds 25.93% stake stake in Dish TV, had sought the removal of the firm's directors Jawahar Lal Goel and four others, and appointment of its own nominees
Kotak, who is also the managing director and chief executive officer of Kotak Mahindra Bank would continue being the non-executive director on the board of IL&FS until April 2, 2022
NCP president Sharad Pawar wrote to Prime Minister Narendra Modi, pointing out certain inconsistencies and resulting legal inefficacy of normative provisions of Banking Regulation Act.
To have lower minimum capital adequacy ratio than NBFCs; IIFCL to clean up its Rs 4,500-crore bad loans
India had already allowed businesses houses to enter banking in its 2013 bank licensing guidelines
Division bench says merger has already come to operation, Centre and RBI are free to proceed as per the scheme
The removal of CEO Sunil Gurbaxani has led the private banking system into uncharted waters
RBI's powers under BR Act to decide fate of bank bosses, not Companies Act
The Bill intends to empower co-operative banks to raise equity or unsecured debt capital from the public subject to prior RBI approval
The bill, which seeks to bring cooperative banks under the supervision of the Reserve Bank of India (RBI), will replace an ordinance promulgated in June. The bill was later passed by Lok Sabha
The RBI has to impose restrictions on lending and withdrawal activities before it can frame a revival scheme for commercial and co-operative banks, according to the previous law
Sitharaman had said in her budget speech that the government would amend the Banking Regulation Act
Former RBI governor, Urijit Patel, had said in the aftermath of the blowout at PNB that the banking regulator was better positioned when it came to the oversight of private banks.