Motilal Oswal wrote in its note that the move is positive for credit card players, as most of them have a higher "transactor" ...

Detailing its monetary policy review on 1 October, the RBI announced a draft framework to permit domestic banks to underwrite ...

The government is set to table two draft ordinances related to overhauling the country’s troubled banking sector at the ...

The Reserve Bank of India (RBI) has issued new directives to banks, including those related to interest rates, lending ...

The European Union will double down on its support for reforming global development banks to do more to fight climate change, ...

The central bank introduced staging criteria for asset classification under the ECL approach, while retaining the extant ...

Axis Bank's Amitabh Chaudhry announced the bank's intention to dominate the domestic mergers and acquisitions financing ...

The RBI issued draft directions to tighten rules on related party lending by Regional Rural Banks (RRBs). It defines related ...

The Charlotte Sports Foundation plans to bid for the next round of Army-Navy football games and remains interested in hosting ...

The Reserve Bank on Tuesday released draft norms to replace the incurred-loss-based provisioning framework with an expected credit loss (ECL) based provisioning to further strengthen credit risk ...

The strategic allocation of business streams among group entities will be left to the wisdom of bank boards,” Governor Sanjay Malhotra said in what is a big relief for banks, especially those in the ...

Changes to expected credit loss framework will promote prudent lending and efficient capital use, said Motilal Oswal ...