What to make of the New India Cooperative Bank fiasco? Image: Express Photos What to make of the New India Cooperative Bank fiasco? Banking sector veterans say this is not new. These developments ...
MFIs must make a course correction quickly. An impaired MFI sector will be detrimental to the credit access of the weakest sectors in India.
“Culture” is multi-layered, and does not always sit neatly in distinct categories. Still, Hofstede’s framework gives us a ...
For the year 2024, Poland has emerged as the largest net buyer, adding 90t of gold to its reserves, followed by Turkey (75t) and India (73t). On the other hand, the Reserve Bank of India (RBI ...
have been caught on the wrong foot by the alleged embezzlement of funds at the New India Cooperative Bank and the resultant imposition of the Reserve Bank of India (RBI) curbs on withdrawal.
February 28, 2025 India central bank's FX swap oversubscribed 1.6 times The Reserve Bank of India's longer-term dollar/rupee buy-sell swap witnessed robust demand with the auction drawing bids 1.6 ...
India's central bank said on Wednesday it will infuse $21 billion in rupee liquidity into the banking system in a bid to ease ...
The Reserve Bank of India has sought feedback on the use of such a tool to better align banks’ borrowing costs with the key policy rate by providing a more predictable flow of funds in the ...
The Reserve Bank of India's (RBI) restrictions on New India Co-operative Bank, located in Bandra, Mumbai, have triggered panic among customers, who are now unable to access their deposits.
Queues of people were seen outside Mumbai-based New India Co-operative Bank as worried customers want to withdraw their money after the Reserve Bank of India (RBI) on Thursday imposed several ...
The govt should step in and help us." The Reserve Bank of India (RBI) has appointed Shreekant, former chief general manager of State Bank of India (SBI) as ‘Administrator' to manage the affairs ...