RBI Revolutionizes Bulk Deposit Rules: Differential Rates and Enhanced Transparency Set for October 2026
The RBI has revised bulk deposit rules, effective October 2026, allowing banks to offer differential interest rates based on liquidity risk under the LCR framework. This move aims to enhance asset-liability management and brings mandatory daily public…
Moody’s Assigns Inaugural Baa2 Rating to RBL Bank: A Landmark Achievement for the Indian Lender
RBL Bank has achieved a significant milestone, securing its inaugural Baa2 credit rating from Moody's Investors Service. This investment-grade designation marks a pivotal moment, enhancing the bank's financial standing and future growth prospects in the…
India’s Retail Credit Revolution: Access Doubles in a Decade, Driven by Consumption and Demographic Shifts
India has witnessed a remarkable surge in formal retail credit access over the last decade, more than doubling its reach. This growth is fueled by consumption-led lending, primarily personal loans, and extends to younger borrowers and women nationwide,…
Canara Bank Targets $2.5 Billion in Foreign Currency Deposits to Fuel Global Growth
Canara Bank aims to secure $2.5 billion in foreign currency deposits by year-end, leveraging its global network and attractive offerings for Non-Resident Indians. This strategy strengthens its international operations and diversifies funding sources.