Page 9 - Indian Banking System

ICICI to move ahead with its plan to increase 4% stake in Lombard business

In a similar move, The RBI had given the HDFC Bank the permission to increase its take in HDFC Life Insurance and HDFC Ergo General Insurance beyond 50 per cent

War on inflation not over, we have to remain alert: RBI Guv Shaktikanta Das

Das said that India's GDP growth rate in FY23 may come out to be more than earlier predictions of 7%

In search of binding ties: Lack of SRO will continue to haunt shadow banks

Legacy shadow banks continue to do business without a self-regulatory body. This is far from ideal

Indian banks immune from liquidity crisis in West: Govt officials

Government monitoring developments in the West closely, says one official

IDFC First Bank expects NIM to be stable from here on

In FY23, IDFC First bucked the industry trend of a decline in CASA share in total deposits

As risks loom, RBI asks banks not to increase exposure to unsecured loans

The RBI has instructed banks to limit their unsecured loan portfolios to the levels seen in FY23, a CEO of a private bank said

LIVE: Arvind Kejriwal's fight against corruption won't stop, says AAP

Catch live updates from across the globe here

Indian financial system insulated from US, Swiss developments: RBI Guv Das

India's financial system remains "completely" insulated from the recent developments in the US and Switzerland, RBI Governor Shaktikanta Das said, asserting that the country's banking system is resilient, stable and healthy. The governor of the Reserve Bank of India (RBI) told a press conference here on Thursday that at the global level, the recent developments in the banking system in the US and in Switzerland, have once again, brought into focus the importance of financial stability and banking sector stability. He was here for the annual spring meeting of the International Monetary Find and the World Bank along with Union Finance Minister Nirmala Sitharaman. Responding to a question on the collapse of the Silicon Valley Bank, he said the developments related to failures of banks in the US and also in Switzerland have naturally renewed a lot of interest. "So far as India is concerned, the Indian banking system, the Indian financial system, remains completely insulated from the ..

Neeraj Nigam new RBI executive director, will lead consumer education dept

Central bank executive was regional director of Bhopal office, holds bachelor's degree in civil engineering

RBI has a responsibility to promote sustainable economic growth: DG Rao

Says banks have a role to play by making finance available to incentivise sustainable initiatives

Making banks treat customers fairly

RBI's regulatory philosophy is to issue guidelines and create a process of grievance redress

No respite for global stocks as banks around the world continue to struggle

The MSCI World share index traded 0.4% lower, while still heading for a 1.5% weekly gain. Europe's STOXX 600 index was down 1 per cent

RBI to hold five-day variable rate repo auction worth Rs 75k cr on March 24

The RBI conducts repo operations in order to infuse liquidity into the banking system

How Indian tech cos banded together to help each other during SVB crisis

The SVB collapse has alerted hundreds of Indian investment and tech companies. They came together to help each other and share knowledge to deal with the impact

Indian banks can endure global banking turmoil fallout: S&P Global Ratings

S&P also said Indian banks had sufficient buffers to withstand losses on their sizable government securities portfolio due to rising interest rates

Keep your money safe: Stick to systemically important banks for safety

Be wary of co-operative banks which have historically been most vulnerable

Softer impact of Credit Suisse crisis likely on Indian banks: Jefferies

Credit Suisse has a 1.5% share among foreign banks' assets in India and a 'small' 0.1% share of overall banking assets in the country, Jefferies estimated

Silicon Valley Bank collapse: RBI weighs up impact on banks, NBFCs

Seeks details of Indian banks', non-banks' exposure in SVB

SVB crisis: IBA panel meet next week may discuss strategy to back start-ups

Banks need a multi-pronged strategy to boost presence in start-up ecosystem following SVB's collapse, say experts

Inspection & supervision: RBI dons new clothes

The Reserve Bank has not changed the objectives of supervision but how it supervises the system. And, the change is dramatic