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MUMBAI: India’s central bank has appealed to the country’s top court to let banks classify loans as non-performing, saying a ban imposed to help borrowers in the Covid-19 pandemic could ...
The RBI has advised banks to make new or amend existing policies to align them with the latest guidelines by July 1, 2025. In the meantime, existing policies may continue.
The Reserve Bank of India (RBI) has updated guidelines for minors' deposit accounts, allowing those aged 10 and above to independently operate savings and term deposits, subject to bank policies.
A Crisil report outlines how implementing RBI's draft guidelines on gold loans may slow asset growth among non-bank ...
In the final guidelines on liquidity coverage ratio (LCR) released on Monday, RBI said that banks need to assign a run-off factor of only 7.5% on these retail deposits instead of the 10% proposed ...
State-run lender Punjab National Bank plans to seek clarification from the central bank on whether its draft guidelines proposing ... its views to the Reserve Bank of India before 15 June.
When co-lending guidelines were introduced in 2020, they were applicable only to PSL (priority sector lending) loans. However, RBI, on a case ... mention account) or ‘NPA’ (non-performing ...
Non-bank lenders in Mumbai plan to address the Reserve Bank of India regarding proposed co-lending rule changes. The new ...
The Reserve Bank of India (RBI) on February 15 extended ... which has implemented the new guidelines, saw its gross NPA ratio rise to 2.32 percent in the December quarter from two percent in ...
(MENAFN- IANS) Mumbai, April 22 (IANS) The RBI has issued new Liquidity Coverage Ratio (LCR) guidelines which will require a bank to assign additional run-off rates of 2.5 per cent to internet and ...
But the growth hasn’t come without issues. Back in September, the RBI had already flagged concerns and issued preliminary guidelines, asking supervised entities (SEs) to take a closer look at their ...
The report points out that following the RBI's 25 basis point cut in repo rate in February ... This will give more flexibility in managing NPA. Current guidelines on co-lending are applicable only to ...