Thu, November 28, 2024

[ Thu, Nov 28th 2024 ]: Bill Williamson

Major marketers halt petrol import, lift 148 million litres from Dangote Refinery

[ Thu, Nov 28th 2024 ]: Bill Williamson

UM Health to shut down insurance plan that came with Sparrow acquisition

[ Thu, Nov 28th 2024 ]: Bill Williamson

New Orleans business owners bond out several low-level offenders before Thanksgiving

[ Thu, Nov 28th 2024 ]: Bill Williamson

Blackstone: Extreme Bubble Valuation

[ Thu, Nov 28th 2024 ]: Bill Williamson

Czech billionaire closes in on deal to buy Royal Mail

[ Thu, Nov 28th 2024 ]: Bill Williamson

BPI named Sustainability Company of the Year' at Asia CEO Awards 2024

[ Thu, Nov 28th 2024 ]: Bill Williamson

Cayman told not to kill business goose that lays the golden eggs

[ Thu, Nov 28th 2024 ]: Bill Williamson

Best Budgeting Apps for December 2024: Top Picks, Features, and Benefits

[ Thu, Nov 28th 2024 ]: Bill Williamson

Mortgage mayhem warning as major lenders Barclays and Santander split on home loan rates

[ Thu, Nov 28th 2024 ]: Bill Williamson

Sonata Software bags multi-million dollar transfo .. ation deal from global leader in access solutions

[ Thu, Nov 28th 2024 ]: Bill Williamson

BlackRock agrees to buy private credit group HPS Investment Partners

[ Thu, Nov 28th 2024 ]: Bill Williamson

Mizuho weighs new push to target private equity boom in India
Wed, November 27, 2024

[ Wed, Nov 27th 2024 ]: Bill Williamson

Marsh McLennan's CIO started with a summer job in .. now leads a team of more than 5,000 technologists

[ Wed, Nov 27th 2024 ]: Bill Williamson

Climate finance calls for leadership unity

[ Wed, Nov 27th 2024 ]: Bill Williamson

Billings council approves TIF funds for city-owned buildings, despite pushback

[ Wed, Nov 27th 2024 ]: Bill Williamson

Last Call to Get an Instant $200 Amazon Gift Card for Black Friday and Cyber Monday

[ Wed, Nov 27th 2024 ]: Bill Williamson

Renters struggle to build wealth, report finds. Here's how they can boost financial well-being

[ Wed, Nov 27th 2024 ]: Bill Williamson

Where to invest for 2025

[ Wed, Nov 27th 2024 ]: Bill Williamson

Professionals would rather 'super-commute' for ov .. mic-style suburban life than live near the office

[ Wed, Nov 27th 2024 ]: Bill Williamson

BNP Paribas' fund arm to exclude new oil and gas bonds

[ Wed, Nov 27th 2024 ]: Bill Williamson

This Is the Best Card for Amazon's Black Friday Deals -- and It Comes With a $200 Gift Card

[ Wed, Nov 27th 2024 ]: Bill Williamson

Nvidia CEO Jensen Huang Says This Is the "Next Wa .. ingled Out Potential Big Winner Other Than Nvidia

[ Wed, Nov 27th 2024 ]: Bill Williamson

Disney Hires Sky Finance Boss to Run Disney+ In EMEA

[ Wed, Nov 27th 2024 ]: Bill Williamson

What Small-Business Owners Should Learn From Macy's Missing $50 Million

[ Wed, Nov 27th 2024 ]: Bill Williamson

Exclusive: Trump plans no exemption for oil imports under new tariff plan, sources say

[ Wed, Nov 27th 2024 ]: Bill Williamson

Cocoa firms pour money into Ghana in bid to avert more losses

[ Wed, Nov 27th 2024 ]: Bill Williamson

Over 800 European financial groups deal with firms linked to Israeli settlements, NGOs say

[ Wed, Nov 27th 2024 ]: Bill Williamson

RNG: Trucks or stations? Which comes first?

[ Wed, Nov 27th 2024 ]: Bill Williamson

Walmart and Delta stock are both hitting all time .. Os have relied on a surprisingly similar strategy

[ Wed, Nov 27th 2024 ]: Bill Williamson

Inflation is Back in Focus as Trumponomics Looms Large Over Global Trade

[ Wed, Nov 27th 2024 ]: Bill Williamson

Gold Decline "Merely a Stumble" Say Respected Economic Analysts

[ Wed, Nov 27th 2024 ]: Bill Williamson

Flipkart-Backed Shadowfax Selects ICICI Securitie .. inancial As Lead Bankers For Upcoming IPO: Report

[ Wed, Nov 27th 2024 ]: Bill Williamson

Think you got a great Black Friday deal? There's a 30% chance it wasn't, study explains

[ Wed, Nov 27th 2024 ]: Bill Williamson

Hong Kong's No 2 official says city's tycoons not obliged to invest in Northern Metropolis

[ Wed, Nov 27th 2024 ]: Bill Williamson

Best Military Banks and Credit Unions for November 2024

[ Wed, Nov 27th 2024 ]: Bill Williamson

Hong Kong tycoons not obliged to invest in Northern Metropolis, Eric Chan says

[ Wed, Nov 27th 2024 ]: Bill Williamson

College jocksnot nerdsturn out to have more succe .. areers and earn $220,000 more, new research finds

[ Wed, Nov 27th 2024 ]: Bill Williamson

Alok Kumar Agarwal, former MD of Alankit, envisio .. ized finance (DeFi) in India as a disruptor to tr

[ Wed, Nov 27th 2024 ]: Bill Williamson

Farmers owed millions and 200 without jobs after major Australian food company collapses

[ Wed, Nov 27th 2024 ]: Bill Williamson

Cardless swipes up $30M to build a new generation of co-branded credit cards

[ Wed, Nov 27th 2024 ]: Bill Williamson

Best Military Banks and Credit Unions for December 2024

[ Wed, Nov 27th 2024 ]: Bill Williamson

How To Leverage The 0% Tax Bracket

[ Wed, Nov 27th 2024 ]: Bill Williamson

Shock and surprise for investors in 2024

[ Wed, Nov 27th 2024 ]: Bill Williamson

Ujjivan Small Finance Bank Completes Sale Of Bad Loans Worth Rs 270 Crore

[ Wed, Nov 27th 2024 ]: Bill Williamson

To Get Rid of Woke, Understand How It Got Started

[ Wed, Nov 27th 2024 ]: Bill Williamson

Sonata Software Wins Multi-Million Dollar Moderni .. ustralia From A Global Leader In Access Solutions

[ Wed, Nov 27th 2024 ]: Bill Williamson

Working in a bank and NBFC is no different, thank .. tory scrutiny: Sudipto Roy, MD & CEO, L&T Finance

[ Wed, Nov 27th 2024 ]: Bill Williamson

Best Banks: Top Choices for Savings, Checking, Customer Service and More

This will possibly expose the entities in the financial system and its users to increased amount of risk

India's goal of becoming a developed economy by year 2047 will require it to take a quantum leap in the scale and size of its financial institutions,
The article from The Hindu Business Line discusses remarks made by RBI Deputy Governor M. Rajeshwar Rao at the 18th FIBAC 2024, where he emphasized the need for India's financial institutions to significantly increase in scale and size to meet the demands of a rapidly growing economy. Rao highlighted that while Indian banks have shown resilience and growth, they still lag behind global counterparts in terms of size, which limits their ability to fund large-scale infrastructure projects or compete internationally. He stressed the importance of banks not only growing in size but also in capabilities, suggesting that consolidation might be necessary to achieve the required scale. Additionally, Rao pointed out the need for banks to adapt to technological advancements, manage risks effectively, and maintain robust governance structures to support India's economic aspirations. He also touched upon the evolving regulatory landscape and the necessity for banks to prepare for future challenges including climate change and cybersecurity.

Read the Full Business Line Article at https://www.thehindubusinessline.com/money-and-banking/india-needs-to-take-a-quantum-leap-in-scale-and-size-of-its-financial-institutions-says-rbi-dy-guv-rao/article68918294.ece