RBI asks banks to appoint new auditors; no reaction from J&K banks, CII protests

New Delhi: Confederation of Indian Industry (CII) today said that the Reserve Bank of India’s (RBI) rules asking banks and on-banking financial companies (NBFC)...

Pandemic effect: Household savings jump to 22.5% of GDP

New Delhi: As people were forced to remain indoors for most of the year due to the lockdowns, there was an unlikely winner in...

Banks in J&K to curtail business hours, staff numbers

Srinagar: In view of the steep rise in COVID19 cases across the country, the banks operating in J&K shall conduct banking business for public...

Katra business community for interest waiver; J&K Bank assures support

Srinagar: J&K Bank Chairman & MD R K Chhibber today had a detailed interaction with the representatives of Hotel & Restaurant Association, Katra (HRAK)...

RBI caps bank CEOs’ tenure at 15 years

New Delhi: Reserve Bank of India has capped the tenure of managing director and chief executive ( MD&CEO) of commercial banks for the same...

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