Tag: banks
RBI pushes banks, NBFCs to own data risks across third parties
MUMBAI: The Reserve Bank of India (RBI) has proposed stricter governance standards for data shared with third-party service providers, requiring regulated entities to ensure that…
RBI Deputy Guv pushes for meaningful, fair grievance redressal
MUMBAI: Reserve Bank of India Deputy Governor Swaminathan J urged internal ombudsmen (IOs) to provide a meaningful, fair and effective resolution of customer complaints. In…
What’s brewing? FinMin seeks gold lending info from banks
MUMBAI: The finance ministry has asked bullion banks to share all information on ‘gold metal loans‘ and ‘loan against gold’ since 2023, sparking conversations that…
From small towns to India Inc: Sitharaman’s bold bet on Bharat in Budget 2026
Budget 2026: India’s Tier II and Tier III towns are home to thousands of small enterprises that manufacture, trade and export, yet remain on the…
RBI chief Sanjay Malhotra says removal of acquisition financing curbs on banks will aid real economy
The removal of restrictions on banks for acquisition financing will help the real economy, Reserve Bank of India Governor Sanjay Malhotra said on Friday. Last…
Discussing with RBI, banks on consolidation, says FM Nirmala Sitharaman
The government is discussing with the RBI and banks on the need to have bigger banks in India and to create a conducive environment for…