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Indian banks pay Rs 13,234 crore premium to cover their deposits, receive Rs 80.7 crore claims in 2019-20
New Covid-19 mutations threaten to stall fragile economic recovery:RBI governor
In his forawrd in the latest Financial Sytability Report(FSR), released by the RBI on Monday, Das has cautioned the disconnect between certain segments of financial markets and the real economy that has been accentuating in recent times, both globally and in India.
As growth impulses take root, the private sector capex cycle should revive as existing capacities get utilised and new capacities are added, he said..
Banks should invest in building robust IT platforms to prevent Cyber frauds:RBI
Information technology platforms and digital payment systems have provided considerable support for business continuity and smooth functioning during the pandemic. More investment is required by all stakeholders for building robust IT platforms and technologies for operational purposes as well as for fortifying public confidence in digital banking, especially when the financial landscape is rapidly embracing new technologies, said Shaktikant Das, governor, RBI. .
IMA requests 3.5 lakh doctors to voluntarily get vaccinated
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