The RBI has lifted supervisory restrictions imposed on Kotak Mahindra Bank. Now, the Bank can resume onboarding new customers ...
AU Small Finance Bank announced that the Reserve Bank of India has approved Temasek’s Zulia Investments to acquire up to 7% ...
The cost of the 2008 global financial crisis (GFC) should not be forgotten during a backlash against the burden of financial ...
AU Small Finance Bank announced today that the Reserve Bank of India (RBI) has approved Zulia Investments Pte. Ltd., an ...
The RBI’s approval, communicated through a letter dated February 12, allows Zulia Investments and its associates to purchase ...
RBI approves voluntary amalgamations in UCB sector, aiming to strengthen financial stability through consolidation and ...
Federal Reserve Chair Jerome Powell pushed back against the idea that regulators should have been punished following the ...
Regulators have signaled intent to pursue lighter bank regulations, improved funding and capital access and leveling the ...
Now the lender has been prohibited from issuing new loans or allowing withdrawals of deposits due to ongoing supervisory ...
The bank can renew existing term deposits upon maturity, ensuring some continuity for depositors with longer-term investments. It can also cover essential operating expenses, including employee ...
RBI is India’s central bank, responsible for monetary policy, financial stability, and supervision of banks, rather than conducting commercial banking activities. No Public Transactions: Unlike ...
The rule requiring businesses to report their beneficial ownership is deeply flawed. Enforcement should be suspended until it ...