Tag: banking sector
RBI Monetary Policy: CRR cut to free up Rs 1.16 lakh crore
Mumbai: The Reserve Bank of India‘s monetary policy committee delivered a cut in the cash reserve ratio (CRR) by 50 basis points to 4%, as…
Janmashtami 2024: Banks to remain closed in these states today. Check full list
Aug 26, 2024 07:45 AM IST Bank Holiday today: Banks in cities like Lucknow, Ahmedabad, and Jaipur will be closed today for Janmashtami. Most banks…
india deposits: FM asks PSBs to launch special drives to push deposits growth
New Delhi: Finance minister Nirmala Sitharaman Monday asked public sector banks, or PSBs, to make concerted efforts to mobilise deposits by conducting special drives to…
Indian economy: Indian financial system looks stronger than in the past: RBI Deputy Governor M Rajeshwar Rao
Indian financial system looks stronger than in the past and the country’s economy is an outlier even as strong headwinds globally, Reserve Bank of India…
View: Banking sector recovery has given leg up to GDP growth
The recently announced betterthan-expected GDP growth number for 2022-23 has triggered discussions about the current Indian macroeconomic policies. The impressive recovery of the banking sector…
Executives must be held accountable for failed banks: Warren Buffett
Berkshire Hathaway Inc.’s Warren Buffett said executives in charge of failed banks should be held accountable for mistakes that in some cases were hiding in…