Strengthening Bank Governance: RBI’s New Mandate for Board Oversight
BSTeam The Reserve Bank of India (RBI) has introduced a significant directive aimed at improving governance,...
News
SBI’s Rs.10,000 Crore Bond Issuance: Paving the Path for Infrastructure Growth
The State Bank of India (SBI), India’s largest public sector lender, has raised ₹10,000 crore...
Who is Challa Sreenivasulu Setty? Know About the 27th SBI Chairman
The Indian government has appointed Challa Sreenivasulu Setty as the new Chairman of the State...
Banks Increasing Borrowing to Meet Loan Demand Amidst Deposit Shortfalls
In the current financial landscape, banks in India are increasingly turning to borrowing as a...
RBI Penalizes Five Banks for Regulatory Non-Compliance
In the first week of July 2024, the Reserve Bank of India (RBI) imposed penalties...
RBI fines YES Bank for refusing to exchange mutilated currency
The Reserve Bank of India (RBI) recently imposed a monetary penalty of Rs 10,000 on...
Axis Bank and Piramal Finance’s Co-Lending Partnership
Axis Bank, one of India’s leading private sector banks, has announced a strategic co-lending partnership...
RBI Imposes Business Restrictions on Two Co-operative Banks
The Reserve Bank of India (RBI) has imposed significant business restrictions on two co-operative banks:...