Tag: indian banks
RBI injects ₹6,956 crore as liquidity turns to deficit
Mumbai: After running surplus liquidity of about ₹1.4 lakh crore for over two months, the banking system saw a decline in cash, prompting the Reserve…
Gautam Adani indicted: JP Morgan says Indian banks not at much credit risk
Indian banks’ loan exposure to the embattled Adani Group seems “manageable” and any credit risk in the aftermath of its billionaire founder-chairman’s indictment in the…
India’s stock market plight from banks’ loan troubles may not be the end of the pain
A rise in retail-loan defaults in India due to aggressive lending practices is reverberating in the stock market, with analysts worrying about possible spillover into…
Banks told to push foreign trade in Rupee
Banks are being nudged to popularise the settlement of cross-border trade in rupee. While many businesses – driven by commercial convenience, balance of payments, and…
Indian Banks: India central bank deputy calls for better risk management, governance at banks
The boards of Indian banks must pursue robust risk management strategies and emphasise compliance and effective governance while preparing for any potential risks, a deputy…
shaktikanta das: Governance gaps found in some banks have potential to cause volatility, Shaktikanta Das says
The Reserve Bank of India has found some gaps in governance at certain banks, governor Shaktikanta Das said on Monday. These gaps have the potential…