High attrition rates in private sector and small finance banks are a significant risk factor, causing operational disruptions and increased recruitment costs. The Reserve Bank of India highlights ...
has asked the Reserve Bank of India (RBI) and Indian Banks' Association (IBA) to red flag multiple transactions of smaller amounts from a single account, ensuring compliance of KYC norms to check ...
(Image/PTI) The Reserve Bank of India (RBI) has raised concerns over worsening asset quality in unsecured loans, even as the growth in personal loans has moderated following regulatory measures ...
Stating that in various interactions with banks, it had stressed that reducing attrition was not just a human resource function but a strategic imperative, the RBI said banks must implement ...
According to RBI, rationalization of CSS can also free up budgetary space to meet state-specific expenditure needs. (Photo: Mint) Mumbai: India’s banking regulator has flagged concerns about a ...
The platform aims to detect and flag “mule accounts,” which are commonly ... eventually goes--to mule accounts”. In October, RBI Governor Shaktikanta Das cautioned against the potential ...