In a bid to further improve the cash position of banks, the Reserve Bank of India (RBI) has recently tweaked Liquidity Coverage Ratio (LCR) norms to provide an...
Since 2010, around a third of the scottish banks have been closed. This raises concerns about people’s access to cash. An analysis found that 610 banks were closed...
The Pakistan–China loan agreements constitute a significant component of the long-standing economic and strategic partnership between the two nations. These financial arrangements encompass a range of bilateral and...
State Bank of India has inked an agreement with Bank of China to intensify business interactions between both the lenders. Under this pact, both SBI and Bank of...
The State Bank of India (SBI) has launched doorstep banking service for senior citizens over 70 years of age, differently-abled customers and infirm customers, including visually-impaired customers. Eligible...
The BCG-IBA report titled ‘EASE Reforms for Public Sector Banks’ has measured the performance of each Public Sector Bank (PSB) on 140 objective metrics across six themes, including...
On 2nd January 2019, the Union Cabinet approved the merger of Vijaya Bank and Dena Bank with Bank of Baroda (BoB). With the merger, BoB will become the...
On June 4, the Reserve Bank of India (RBI) has launched Financial Literacy Week (FLW-2018) across the country with Customer Protection as its main theme. The event will...
On 13th April 2018, the Reserve Bank of India (RBI) has tightened reporting norms for the Liberalised Remittance Scheme (LRS) under which an individual can transfer upto 2,50,000...
The Public Sector Asset Rehabilitation Agency (PARA) colloquially called “Bad Bank” is a proposed agency to assume the Non-Performing Assets (NPA) of public sector banks in India and...
The “bail-in” clause of the Financial Resolution and Deposit Insurance Bill (FRDI) has led to worries about the safety of bank deposits. It is different from a traditional...
