The guideline is progressive, but dividend payment and letter of comfort riders are concerns, says Jaspal Bindra.
Increased security at ATMs could end up costing more to banks. Expect cost per transaction at ATMs to go up by around Rs 10 from Rs 4-5 now.
Earlier, RBI clarified that foreign banks planning to set up subsidiaries in the country will be exempted from paying capital gains and stamp duty.
SKS Microfinance, on Thursday denying any irregularities in the annual general body meeting declined to recall any decision taken at the meeting.
Interest rate futures, a derivative instrument to hedge the risk associated with interest rate movements, would be permitted on 91-day treasury bills.
Vishwavir Ahuja's ability to identify the right person for the job and building abiding client relationships have come in handy at Ratnakar.
While ICICI Bank has set up a gender neutral committee to deal with harassment cases, Axis Bank has put in place an eight-member complaint redressal panel.
We protect our women employees and make sure that people do not cross a particular line: Zarin Daruwala
At ICICI, we are very careful of women travelling late. So, we have a policy stating that if a woman is working late, says Zarin Daruwala.
Jyothi Uday, a manager at a Corp Bank branch in the IT capital of the nation, was left in a pool of blood after the attack.
DBS Bank plans to open 50 branches in India over the next 3 years, a move aimed at benefiting from the country's new policy for foreign lenders.
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