While we have a larger footprint in India post full integration of Lakshmi Vilas Bank at the end of the last year, the portfolio, primarily consisting of lending to large corporates with a growing SME and consumer book, remained resilient and stable. ...
By Reuters | Jan. 31, 2024, at 2:37 p.m. Save More Paytm Expects up to $60 Million Hit From RBI Action on Its Payments Bank More Reuters FILE PHOTO: Workers adjust a hoarding of Paytm, a digital payments firm, in Ahmedabad, India, January 31, 2019. Pi...
18th Dec, 2024 State Bank of India - Change in Director(s) State Bank Of India has informed the Exchange regarding Change in Director(s) of the company. 18th Dec, 2024 State Bank of India - Change in Management State Bank Of India has informed the Exchange about change in Senior Manageme...
In financial year 2023, private sector banks in India recorded assets worth over 1,016.93 billion U.S. dollars. This was an increase compared to nearly 925 billion dollars in the previous year. Value of private sector bank assets in India from financial year 2013 to 2023 (in billion U.S...
comprehensively in the context of the Reserve Bank of India, despite its existence for nearly 70 years.This is, of course, not to say that the importance of the Reserve Bank Balance Sheet has not been recognised. The multiple linkages between the Reserve Bank Balance Sheet and the Indian econ...
The article reviews the book "Reserve Bank of India: Annual Report 2008-2009."DeyAssistantShubhasisAssistantVikalpa: The Journal for Decision MakersReserve Bank of India (2009): Annual Report.Bank of India (2009): Reserve Bank of India Annual Report - 2008-09. Available online [Date of ...
2023. In line with its focus on responsible banking, DBS was named the Best Bank for Sustainable Finance – India by Global Finance in 2024. Additionally, DBS Bank was ranked among the top 3 on Forbes' list of the World's Best Banks in India for three consecutive years...
Union Bank of India has not released its report for FY23. The Managing Director and CEO of Punjab National Bank took home the most, ₹48.34 lakh, while the MD and CEO of Indian Overseas Bank bagged ₹48.09 lakh. In the case of IOB, the salary was 38.55...
In India, we now have a new RBI Governor, who the market has largely perceived as more dovish than the outgoing Governor. But we still expect the first RBI rate cut to be delivered in February. Going beyond central bank meetings, last week has been eventful in Chin...
Bank of America Private Bank was recognized in the 2024 Family Wealth Report Awards, winning in the categories of Best National Private Bank and Best Family Office Solution. The judging process for awards is conducted by expert panels and consist of judges from family offices, private banks, trus...