general banking business

Bank's borrowing from global institutions only for general biz

Bank's borrowing from global multilateral financial institutions are intended to be used for general banking business and not for capital augmentation, Parliament was informed today.

Aug 04, 2015, 16:25 PM IST

Banks can borrow from international institutions without RBI nod

Easing norms for accessing foreign funds, RBI today allowed banks to borrow from international financial institutions for general banking business without seeking its permission.

Jun 25, 2015, 17:38 PM IST