Two years ago, Amylene Dingle lived with her husband and 7-year-old daughter in Payatas, an impoverished Manila neighborhood with the …
RBI proposes Rs 200 crore minimum capital for small banks under ‘on tap’ licence regime
MUMBAI: The Reserve Bank of India (RBI) on Friday proposed a minimum equity capital of Rs 200 crore to set up a small …
Bandhan Bank launches co-branded credit card with Standard Chartered
In a bid to offer a complete suite of services to its existing customers, Bandhan Bank, on Friday, launched a …
ICICI Bank moves to revamp its office culture, discards cabins, some grades
MUMBAI: Employees at ICICI Bank Ltd are in the midst of a cultural shift as the bank adopts open office structures, abolishes grades …
Republican Banking Committee Senators Continue Their Harmful Bank Deregulatory March
Senator Mike Crapo, Chairman of the Banking, Housing, and Urban Affairs Committee ANDREW HARRER/BLOOMBERG Republican senators from the Senate Banking, Housing, and …
ICICI’s CTO quits to join IDFC first bank as COO
BENGALURU | MUMBAI: Madhivanan Balakrishnan, the chief technology and digital officer at private sector lender ICICI BankNSE 0.54 %, has resigned and …
Budget 2019: State banks in a fix over proposed hike in minimum public holding
The budget proposal to raise the minimum public shareholding limit to 35% from 25% may be a stiff challenge for state-run …
Bank frauds of above Rs 1 lakh on decline : Finance Ministry
Comprehensive measures have been taken to tighten fraud prevention systems and deter perpetration of frauds in banks, said Nirmala Sitharaman …
RBI governor Shaktikanta Das bats for new rules for NBFC sector
Mumbai: In the light of recent developments in the non-banking financial company (NBFC) space, there is a case for having a …
Reserve bank moots checks and balances to tackle NBFC stress
MUMBAI: The central bank on Friday proposed a set of strict norms for non-banking financial companies (NBFCs), including mandatory investments …