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 digital revolution creates an illusion of development but real development can take place only through primary activities like promoting agriculture and industries.
Abhijit Banerjee, during an address at the Kolkata Literary Meet, also said the priority of the government should be on refinancing the banking sector, which is in 'doldrums'.
Notable is the sudden increase in the number of vital parameters ~ specifically the number of complaints, the number of affected ATMs, and the geographical spread of the banks.
Being a people-oriented sector, banks put more emphasis on developing professional skills to make the industry more secure and stable.
He also announced that the state government has decided that the salaries and loans of employees working in local bodies such as panchayats and municipalities as well as those of schools and colleges in districts will be dispensed through the District Central Cooperative Banks.
