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The RBI’s extant rules mandate that a private bank’s promoter will need to pare holding to 40 per cent within three years, 20 per cent within 10 years and 15 per cent within 15 years.
The Reserve Bank of India (RBI) will undertake review and reframing of its organisational structure to implement strategies that form its vision statement for 2019-22. The apex bank will also ...
In a bid to rein in the increasing incidence of digital payment frauds, major public and private sector banks have been roped to develop Digital Payment Intelligence Platform (DPIP) as a Digital ...
Structure of Banking Sector in India Reserve Bank of India is the Central Bank of our country. It was established on 1st April 1935 under the RBI Act of 1934.
The Reserve Bank of India is having second thoughts about allowing banks to issue subordinated bonds with temporary write-down and write-up features.
The RBI on Friday proposed to review the guidelines on ownership, governance and corporate structure of private sector banks in the backdrop of key developments in the space in the recent years ...
The RBI’s extant rules mandate that a private bank’s promoter will need to pare holding to 40 per cent within three years, 20 per cent within 10 years and 15 per cent within 15 years.
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