The Reserve Bank of India is meeting lenders next week to discuss its liquidity management framework, and could announce ...
Board discussions have to be free, fair and democratic, Das said, addressing directors of Urban Cooperative Banks (UCBs) at a meeting organised by the Reserve Bank of India (RBI) here.
The RBI on Friday said it is mandatory for ... a fixed rate as per their board approved policy at the time of reset of interest rates. In August 2023, the Reserve Bank of India directed banks ...
The Reserve Bank of India’s Central Board of Directors on Friday assessed the emerging global and domestic economic landscape, including the evolving geopolitical and financial market ...
However, the extension falls short of the bank board’s recommendation of a three year tenure for Kathpalia. This is the second time that the RBI refused a three-year term for Kathpalia.
According to the RBI ... Board and the management have been directed by Reserve Bank to have the remedial action completed fully during the current quarter viz., Q4FY25, after making required ...
The bank’s stock declined after brokerages downgraded the scrip as the RBI only extended by a year the tenure of MD & CEO Sumant Kathpalia against the board’s recommendation of three years.
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