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The Reserve Bank of India has eased liquidity coverage ratio (LCR) norms for banks, giving them more flexibility in managing ...
RBI eases LCR norms, raising retail deposit run-off factors by only 2.5% instead of 5%. New rules effective April 2025 aim to enhance liquidity resilience while supporting credit growth, potentially ...
The banks will have to ensure that accounts of minors, whether operated independently or through a guardian, are not allowed ...
In a move to simplify and standardise rules across banks, the Reserve Bank of India (RBI) has updated its guidelines on the ...
As per the revised guidelines issued on April 21, 2025, banks can now empower minors to manage their own accounts—within ...
RBI said that banks need to assign a run-off factor of only 7.5% on these retail deposits instead of the 10% proposed in the ...
"Minors above such an age limit not less than 10 years and up to such amount and such terms as may be fixed by the banks ...
Earlier, while minors were allowed to open savings account only, now they can open both savings and term deposit accounts.
In a step aimed at promoting financial literacy and investing at a young age, the Reserve Bank of India (RBI) has permitted ...
On her first visit to Lucknow, actor Shefali Shah expressed her desire to shoot for a film here. “Tagline 'Muskuraiye ki aap ...
RBI reduces run-off rates for retail and non-financial corporate deposits to enhance liquidity coverage ratio for banks.
RBI allows minors above age 10 to independently operate savings accounts. Banks need updated policies by July 2025 as per new ...
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