Showing results for "#banks"
Banks must provide simple key facts statement to borrowers on terms of...
The harmonised instructions shall apply to all retail and MSME term loan products extended by all the regulated entities, such as banks and housing...
FASTags without KYC link to be deactivated after Jan 31
The NHAI has taken this initiative after the recent reports of multiple FASTags being issued for a particular vehicle and FASTags being issued without...
Banks upbeat on US consumer despite bank profit declines, inflation...
“Everyone wants to see a problem. But the reality we aren’t seeing any yet,” said JPMorgan Chief Financial Officer Jeremy Barnum in a call with...
Below 6% net NPA banks can declare dividends: RBI
As per the prevailing norms last updated in 2005, banks need to have a NNPA ratio of up to 7 per cent to become eligible for declaration of
RBI asks banks to periodically launch special drive to locate...
Issuing a notification in this regard, RBI said, a periodic review of such accounts and deposits is part of exercise to prevent fraud in such...
91% of Indian consumers open to use GenAI-powered financial apps:...
Technology solutions provider FIS' Trust in Generative AI research found that Indian consumers have a higher level of trust towards the technology in...
Banks should fortify cyber security as fraud cases rise: RBI
RBI Deputy Governor Rajeshwar Rao, in his address at the FIBAC 2023 conference, on Thursday said that the banking landscape is fast evolving with...
Banks wrote off Rs 14.56 lakh crore NPAs in last nine financial years
Net write-off loans by private sector banks stood at Rs 73,803 crore (RBI provisional data) in FY23.
