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Govt urges bank employees to refrain from strikes, resolve issues through dialogue
The Finance Ministry urged bank employees to resolve demands through dialogue and avoid strikes. Most union concerns have been addressed,...
RBI issues final Basel III market risk capital rules for banks; new minimum requirements to kick in from April 2027
The Reserve Bank of India has issued revised market risk capital requirements for commercial banks, aligning Indian regulations with Basel...
$127 bn foreign currency deposit mobilisation a 'shot in the arm' for Indian banks: S&P
A notable achievement for Indian banks occurred as they received USD 127 billion through a dedicated deposit scheme. This influx...
'FCNR haul to power HSBC's India wealth, retail banking push'
HSBC forecasts that foreign currency deposits will significantly enhance its operations in India. By securing $14.5 billion through a special...
