Historically, the RBI has tried to keep the crooks at bay by issuing a circular a day.What it needs is more onsite supervision.Merely checking high-frequency data with the help of technology is......
Banks say they themselves red-flagged the transactions to RBI. It must be noted that these transactions are not outright evidence of fraud or proof of nefarious activities. Illustration: Uttam......
The government must set up a Bank Investment Company to shrink its role in PSBs, if we are serious about tackling the two persistent issues -- lax corporate governance practices and......
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon Markets ended lower on Monday after the appointment of Urjit Patel as......
2013 foreign currency non-resident deposits to mature in Sep-Nov Indian banks are staring at a deposit erosion of Rs 1.5-2 lakh crore between September and November as foreign currency......