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Monday, March 22, 2021

RBI moves a step closer to issuing new bank licences

The Reserve Bank of India (RBI) has set up a standing external advisory committee (SEAC) headed by former deputy governor Shyamala Gopinath to evaluate on-tap applications for universal and small finance banks.

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Bank of Baroda record 11.7% growth in advances driven by 20% retail loan growth

Bank of Baroda reported a robust 11.7% year-on-year rise in global business, reaching Rs. 25.6 lakh crore by the end of December 2024, drive...