RBI brings economic inter-dependence in banking

RBI tweaks exposure framework for banks, introduces economic inter-dependence criteria The Reserve Bank of India (RBI) has made changes in guidelines on large exposures framework for banks to reduce the concentration of risk and align them with global norms. The…

15th Finance Commission to hold meetings with RBI, banks, financial institutions

15th Finance Commission to hold meetings with RBI, banks, financial institutions The 15th Finance Commission will have meetings with the Reserve Bank of India (RBI), banks and financial institutions on May 8 and 9 in Mumbai. The Commission headed by…

Vijay Mallya takes a dig at PM Modi and banks

Who does one believe, banks or PM: Mallya Fugitive Businessman Vijay Mallya on Thursday cited a statement made by Prime Minister Narendra Modi while taking a dig at him as well as banks over contradictory statements made in British courts…

Fugitive liquor baron Vijay Mallya cites PM Modi’s remark to affirm recovery of all bank debts

Vijay Mallya cites PM Modi’s remark to affirm recovery of all bank dues Fugitive liquor baron Vijay Mallya on Sunday quoted an interview of Prime Minister Narendra Modi to assert that the government has already recovered more than what he…