Wherever the word “bank” is used in this chapter, the word shall be held to include State bank, banking association, and trust company, except where national banks or Federal reserve banks are specifically referred to.
Search Results for: Banking
NITI Aayog, Rocky Mountain Institute (RMI), and RMI India today released a report, titled ‘Banking on Electric Vehicles in India’, which outlines the importance of priority-sector recognition for retail lending in the electric mobility ecosystem. The report provides considerations...
Thank you for inviting me this evening to the Mint's Annual Banking Conclave. The organisers have quite aptly selected an extremely topical and contemporary theme, i.e., Future of Banking: Navigating a Digital Opportunity for this year's conclave. During the previous edition...
Press Release of Basel Committee on Banking Supervision on Basel-III Framework-01/06/2011
4 min read
Strong capital requirements are a necessary condition for banking sector stability
but by themselves are not sufficient. A strong liquidity base reinforced through robust
supervisory standards is of equal importance. To date, however, there have been no
internationally harmonised standards in this...
In the case of banks functioning in both or either of the Dominions, if any Muslim accounts have been transferred from West Pakistan to India without application from the depositors, such accounts should be re-transferred to Western Pakistan to...
BCBS 45 members comprise central banks and bank supervisors from 28 jurisdictions BIS is an international organisation which fosters cooperation among central banks and other agencies in pursuit of financial and monetary stability. It has no supervisory or...
As part of robust compliance system, banks are required, inter-alia, to have an effective compliance culture, independent corporate compliance function and a strong compliance risk management programme at bank and group level. Such an independent compliance function is required...
Union Minister of Finance & Corporate Affairs Smt. Nirmala Sitharaman today inaugurated Doorstep Banking Services by PSBs and participated in the awards ceremony to felicitate best performing banks on EASE Banking Reforms Index
Where the Reserve Bank is satisfied that it is necessary or expedient in the public interest or in the interests of depositors or banking policy so to do, it may determine the policy in relation to advances to be...
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