RBI clarified that project finance accounts may be classified as NPAs even before operations begin. The decision promotes early detection of stress based on recovery ...

RBI has finalised new Basel III directions for Scheduled Commercial Banks regarding credit risk capital charges, effective ...

Tokyo-based Sumitomo Mitsui Banking Corp. (SMBC) has agreed to buy a 20% stake in India’s Yes Bank for 135 billion rupees ($1.6 billion) as the Japanese lender deepens its presence in the world’s most ...

After a rigorous process of engaging with banks, NBFCs, fintechs, and analysing large volumes of data to shortlist the top three nominees in as many as eleven categories, it was time to choose the ...

Mumbai: Banks in India seem to have become more compliant with regulatory norms in FY26, with the quantum of penalties imposed by the central bank declining by about 37% over the previous financial ...

Reserve Bank of India seeks bank input on boosting stable deposits as savings shift to markets, exploring new products and ...

Banks can temporarily rely on ECGC country classifications until internal systems are developed. The ruling ensures continuity while promoting gradual transition to advanced risk assessment ...