The agency expects the aggregate fiscal deficit of all states for FY25 to decrease to 3.1 per cent of GDP, compared to the revised figure of 3.2 per cent in FY24.
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According to RBI, the bank had sanctioned term loans to a public sector undertaking for financing infrastructure projects, without undertaking due diligence on the viability
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The new website can be accessed using the URL https://website.rbi.org.in
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According to the bank's head, it has recovered nearly three-quarters of the USD 14 million it lost during the incident
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Bank has set its eye on the insurance business and may cross sell products of Reliance Capital. CEO Sumant Kathpalia is the brain behind the ambitious plans
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Credit Deposit ratio rises to 75.23 per cent in March 2024 from 74.87 per cent a year ago
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On 24 November 2023, the bank's board approved Ghosh's reappointment as MD and CEO for a three-year term
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During Q3FY2024, SFB-originated loans accounted for over 10 per cent of the total market volumes for the first time, signaling their growing reliance on securitisation for fundraising due to high credit growth and relatively higher deposit costs
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