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Category : Banking
RBI Governor Suggests Feasibility Study for Expanding RTGS...
RBI Governor Shaktikanta Das proposes exploring the expansion of RTGS for settling transactions in major global currencies. He also...
RBI Governor Warns of Financial Stability Risks Due to...
RBI Governor Shaktikanta Das warns of the financial stability risks posed by over-reliance on AI in the banking sector, calling for...
RBI Governor Pushes for Lower Cost and Faster Cross-Border...
RBI Governor Shaktikanta Das highlights the need to reduce time and cost for cross-border remittances, emphasizing the role of AI,...
RBI Governor Shaktikanta Das Cautions on Financial Stability...
RBI Governor Shaktikanta Das warns of financial stability risks posed by over-reliance on AI and machine learning in banking. He emphasizes...
Bank Margins Expected to Face Pressure in Q2 Due to Rising...
Bank margins are expected to face pressure in Q2 FY25 as rising deposit costs erode profitability. Analysts highlight that tight liquidity...
RBI Governor Shaktikanta Das Stresses Importance of Strengthening...
RBI Governor Shaktikanta Das urged emerging economies to strengthen their risk buffers, highlighting the need for resilience in today's...
RBI Approves Partha Sengupta as Bandhan Bank's New MD and...
The RBI has approved Partha Pratim Sengupta as the new MD and CEO of Bandhan Bank for a three-year term. He will take over by November...
India's Forex Reserves Decline After 7-Week Rise Standing...
India's forex reserves fell to $701.18 billion as of October 4, breaking a seven-week rising trend. The decline follows record highs...
Rupee Falls Beyond 84 Against US Dollar as FPIs Exit Equities...
The rupee fell past 84 against the US dollar as FPIs withdrew from domestic equities and Brent crude oil prices surged due to rising...
RBI Directs Regulated Entities to Conduct Internal Risk...
The RBI has instructed regulated entities to conduct internal risk assessments to identify and mitigate threats from money laundering,...
Partha Pratim Sengupta Appointed as New MD and CEO of Bandhan...
RBI has appointed Partha Pratim Sengupta as the new MD and CEO of Bandhan Bank for a three-year term. Sengupta, a banking industry...
Bandhan Bank Set to Receive Additional ₹315 Crore from...
Bandhan Bank will receive an additional ₹315 crore from NCGTC after a forensic audit of claims made under the CGFMU scheme. The total...