
Private lenders report more frauds but PSBs' amount higher
Frauds in public sector banks were mainly in loan portfolios
Frauds in public sector banks were mainly in loan portfolios
A division bench of the Delhi High Court dismisses plea filed by Bharatiya Janata Party (BJP) leader and advocate Ashwini Upadhyay
While these gaps have been mitigated, it is necessary that boards and the managements do not allow such gaps to creep in, says RBI governor
RBI has told banks to maintain daily data on deposits and exchange of ₹2000 banknotes
₹2000 denomination notes will continue to be legal tender
RBI has started looking at business models of banks more closely, says RBI governor
Deficiencies in a bank's business model can spark a crisis in due course, says RBI governor.
Investments in held-to-maturity securities by the Indian banks are limited to 23% of deposits, according to the monthly economic review for March.
The central bank suggests a provision for SMS or email alerts to customers when their credit information is accessed from Credit Information Companies.
Housing loans account for more than 48% of personal loans for banks as of December 2022, as per the RBI data.