There is a need to mobilise domestic and international flows to meet Indias green finance requirements: SBI Chief Khara

SBI, in a statement, said India ranks 7th among the world’s most affected countries by climate change, yet a relatively small share (about 7 per cent) of climate capital flows into the country.

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Urban co-op banks seek increase in gold loan limit from 2 lakh to 5 lakh

RBI permitted bullet repayment of gold loans up to ₹1 lakh to start with (in 2007), which was increased later (in 2014) to ₹2 lakhs, with the repayment being restricted to 12 months.

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RBI allows HDFC Bank tohold CPs issued till date by HDFCtill their maturity

The bank cannot roll over or reissue any commercial paper after the effective date of the proposed amalgamation of HDFC with the former

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IndusInd Bank Wise partners to enable NRIs transfer fund to India

The collaboration aims to provide easy transfer of money from NRIs in USA and Singapore to Indian residents

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IRDAI to strengthen consumer protection enhance grievance redressal in insurance sector

IRDAI also plans to shift to a risk-based capital regime and is fine-tuning the Bima Sugam platform while working on launching a Health Claims Exchange.

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