RBI mulls new penalty framework for banks: Report
There is also speculation about the possibility of imposing additional capital charges on regulated entities, as per the report
There is also speculation about the possibility of imposing additional capital charges on regulated entities, as per the report
With this easing CPI inflation, economists expect the RBI’s MPC to hold repo rates again in its October monetary policy
In November 2022, the pilot of the wholesale CBDC, known as the Digital Rupee-Wholesale (e-W), was launched
The Reserve Bank of India has approved the appointment of Dipak Gupta as the interim managing director and chief executive officer of Kotak Mahindra Bank
The guidelines with respect to penal charges in loan accounts will be effective from January 1, 2024
On the technical front, as per trendlyne data, the stock price rose 184.3% and outperformed its sector by 150.9% in the past year
This rule challenges the existing practice where card network options are predetermined by agreements between issuers and networks