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AU Small Finance Bank eligible for universal banking licence application
Business Standard India· 10 hours agoDue to the stringent asset quality norms set by the Reserve Bank of India (RBI), only one, AU Small...
Banks fail to meet RBI mandate on CRR multiple times - ETCFO
The Economic Times· 12 hours agoMUMBAI: In an unusual occurrence, the average fortnightly cash balances of banks kept with the...
Uday Kotak Loses Rs 10,000 Crore In A Day After RBI's Action On Kotak Mahindra Bank
Indiatimes· 3 days agoKotak Mahindra Bank has now lost its status as India's fourth-largest bank after facing a...
UPI cash deposit feature at ATMs: Convenient, but here are 7 things you should be aware of
Business Today· 5 hours agoWhile this innovation by the RBI intends to bring convenience and effectiveness, UPI cash deposit...
AU Small Finance Bank stock rallies over 6% on universal banking hopes
Business Standard India· 3 hours agoShares of AU Small Finance Bank (SFB) rallied more than six per cent on Monday after analysts said...
AU Small Finance Bank best suited to transition to universal bank per new RBI guidelines, say...
CNBC Awaaz· 9 hours agoAU Small Finance Bank is the best poised to transition from a small finance bank (SFB) to a...
Kotak Mahindra Bank Shares Rise 1.9%; Snapping Price Declines Following RBI Action - News18
News18· 10 hours agoThe private sector lenders shares saw selling on Thursday and Friday after investors exited the...
Fidelity sees rupee as top carry trade pick on RBI’s tight grip
CNBC Awaaz· 15 hours agoThe Indian central bank’s tight grip on the rupee is boosting the allure of the currency for carry...
RBI sets standards for SFBs eyeing universal bank licence
Livemint· 3 days agoAccording to RBI, SFBs must also have a minimum net-worth of ₹1,000 crore at the end of a quarter,...
RBI Issues Alert Against Prepaid Payment Instruments By Illegal Entities
NDTV· 4 days agoThe Reserve Bank of India (RBI) on Thursday cautioned the public against Prepaid Payment Instruments...