Banking Reforms
The Banking Laws (Amendment) Bill, 2024, represents a bold step to address long-standing governance, operational, and structural challenges in India’s banking sector.
The Banking Laws (Amendment) Bill, 2024, represents a bold step to address long-standing governance, operational, and structural challenges in India’s banking sector.
Benchmark indices closed higher for the day with auto, banking, pharma, and mid- and small-cap healthcare sectors performing well.
The bank’s net interest income (NII) during the first quarter increased 6 per cent to Rs 9,166 crore from Rs 8,666 crore in the same period last year.
The Reserve Bank of India (RBI) on Thursday issued a draft circular on the Basel III framework on liquidity standards, which will require banks to set aside more funds to cover their risks.
These facilities will be available at commercial spaces within the premises of RRTS stations near the entry and exit areas, enhancing passenger convenience," a spokesperson of the National Capital Region Transport Corporation (NCRTC) said on Monday.
The Khanakul MLA Susanto Ghosh has assured to be at the side of the affected depositors.
Along with the sharp decline in poverty in India, there has also been a marked reduction in the rural-urban income divide in the country, according to an SBI Research analysis of a Consumer Expenditure Survey released on Tuesday.
The banks will offer three types of deposit products for retirement planning with maturities of five, 10, 15 and 20 years.
Sources in the state public distribution department told IANS that of more than 14,000 ration shops in the state, around 800 shops with facilities would offer the service.
Union Finance Minister Nirmala Sitharaman on Sunday said many districts in the country lack banking presence despite high level of economic activity.
