S S Mundra

Banks may demand higher equity from highly leveraged firms: RBI deputy Mundra

Reserve Bank of India Deputy Governor S.S. Mundra said banks may demand higher equity from companies that are highly leveraged before offering fresh loans to such firms.

Dec 10, 2014, 13:34 PM IST

RBI to release Payments Banks guidelines by Nov-end: Mundra

The Reserve Bank Monday said final guidelines on Payments Banks are expected to be issued by this month-end, while norms for Small Banks may be out next month.

Nov 17, 2014, 17:38 PM IST

Final norms for payment banks next month: RBI Deputy Guv

To deepen the financial inclusion process, and help get more people under the formal financial system, the RBI has mooted the idea of small banks and payments banks.

Oct 12, 2014, 12:05 PM IST