Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Governor, Reserve Bank of India meets MD & CEOs of Public and Private Sector Banks
On July 3, 2024, the RBI Governor met with MDs & CEOs of Public and Private Sector Banks in Mumbai, joined by Deputy Governors and Executive Directors. The Governor commended banks for improved asset quality and profitability but stressed enhancing governance, risk management, and cybersecurity. Discussions included the credit-deposit growth gap, liquidity risks, unsecured retail lending trends, and increasing the use of the Indian Rupee for cross-border transactions.