RBI: Indian banks well-positioned to withstand severe shocks
The Reserve Bank of India has reiterated that India’s banking sector remains robust, with lenders maintaining strong capital buffers, healthy
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FINANCIAL STABILITY
Moody’s warns of higher risks for Indian banks from Middle East tensions
Moody’s Ratings has cautioned that escalating geopolitical tensions in the Middle East and persistently high crude oil prices could increase
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Indian banks far more mature than a decade ago: RBI Governor
Sanjay Malhotra has said that India’s banking sector has become significantly more mature, resilient and better governed compared to a
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Insolvency framework marks a decade of transformation under IBC
India’s insolvency ecosystem has undergone a significant transformation over the past decade following the implementation of the Insolvency and Bankruptcy
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RBI says Indian banks remain resilient to severe economic shocks
The Reserve Bank of India has reaffirmed the strength and resilience of the Indian banking sector, stating that banks are
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RBI grants scheduled bank status to cooperative banks
Reserve Bank of India has granted scheduled bank status to Varachha Cooperative Bank and Prime Cooperative Bank, along with Contai
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Bengal government orders audit into cooperative bank loan scam
West Bengal authorities have ordered an audit investigation into an alleged loan scam involving a cooperative bank, highlighting growing concerns
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West Bengal ranks second in deposit mobilisation
West Bengal has emerged as the second-largest state in deposit mobilisation under financial inclusion initiatives, according to BLS E-Services data.
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RBI opens term money market to NBFCs, corporates
The Reserve Bank of India has allowed non-bank entities, including NBFCs, corporates, housing finance companies, and all-India financial institutions, to
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RBI prioritises inflation management over currency defence
Reserve Bank of India is reportedly prioritising inflation management over aggressive interest rate hikes aimed solely at defending the Indian
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