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RBI raises retail exposure threshold for banks to improve credit flow

RBI raises retail exposure threshold for banks to improve credit flow

Under the extant framework, the maximum aggregated retail exposure to one counterparty should not exceed the absolute threshold limit of Rs 5 crore

9 Oct 2020 12:37 PM IST

Dhanalaxmi bank awaits RBI decision after shareholders voting out Managing Director

Dhanalaxmi bank awaits RBI decision after shareholders voting out...

1 Oct 2020 5:26 PM IST

Banking Regulation Bill moves to Presidents table for ratification

Banking Regulation Bill moves to President's table for ratification

The new regulation will the RBI to supersede the board of directors of cooperative societies after consultation with the...

23 Sept 2020 5:16 PM IST

Centre to SC: Waiver of interest on interest during moratorium against basic canons of finance

The ministry insisted that in any banking sector when financial assistance is rendered by way of loans, a balance has to...

1 Sept 2020 5:05 PM IST

HC seeks Centre, RBI response over plea against Google Pay

"Google Pay is violating the UPI procedural guidelines by sharing personal sensitive user data which is in complete...

25 Aug 2020 8:20 AM IST

Loan to value ratio for gold loans raised to 90 pc

Loan to value ratio for gold loans raised to 90 pc

The relaxation shall be available till March 31, 2021, the central bank said.

6 Aug 2020 4:06 PM IST