Indian banks have raised interest rates to levels not seen in two years due to a liquidity shortage and credit-deposit imbalance. This shift has significant implications for the banking sector.
Tag: banking
Pan: Permanent Account Number () Reforms in India
The new Income Tax Act, effective April 2026, introduces significant reforms to the Permanent Account Number (PAN) system in India.
Yes Bank Appoints S. Anantharaman as New Chief Risk Officer
Yes Bank has appointed S. Anantharaman as Chief Risk Officer, reflecting a significant shift in the bank’s approach to risk management.
RBI Delays Capital Market Exposure Rules Implementation
The RBI has postponed the implementation of its new capital market exposure rules by three months, now set for July 1, 2026, following requests from stakeholders.
Atanu chakraborty hdfc bank: Atanu Chakraborty Resigns from HDFC Bank
Atanu Chakraborty has resigned as Part-time Chairman of HDFC Bank, raising concerns about the bank’s internal practices. Keki Mistry will serve as interim chairman.
Airtel Axis Bank Credit Card Changes Announced
Axis Bank has announced significant changes to the Airtel Axis Bank credit card, impacting cashback mechanics and benefits.