Some changes RBI governor Sanjay Malhotra announced after last month's monetary policy committee meeting merit a closer look.
India’s central bank is to rewrite how it recognises credit risk. The Reserve Bank of India wants to replace its decades-old, incurred-loss provisioning system with an Expected Credit Loss framework, ...
Lenders provide consumer loans to individuals, offering liquidity and affordable credit for a wide range of personal and family-related expenditures, thereby enhancing consumer buying power and ...
I became a credit signatory at ANZ Grindlays Bank in 1992. At Standard Chartered Bank, I had to clear all fourteen modules of ...
A financial paradox is unfolding in India: while multi-billion-dollar FDI deals are pouring into private banks, reaffirming ...
The European Central Bank is already factoring climate-related risk into the assessment of collateral used to borrow money ...
The national banking industry remains cautious about lending to micro, small and medium enterprises despite ongoing ...
Weaker stablecoin rules in the UK could risk financial stability and trigger a credit crunch, according to the Bank of England’s deputy governor, Sarah Breeden. “We have a different set of risks to ...
US regulators have signalled plans for an unprecedented easing of key banking rules, which is expected to free up almost ...
As a result, some banks, including Goldman Sachs, Morgan Stanley, and Standard Chartered, are establishing their own private ...
Toronto-Dominion Bank is set to shut eight more New Jersey branches in early 2026 as part of a cost-saving digital transformation and restructuring push.
In a move to broaden access to trade finance, Bangladesh Bank (BB) has amended key provisions of its directive governing ...