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Banking Regulation Act

City Union Bank Q2 Net Profit Rises 15%, Bad Loans Fall Sharply
Business
City Union Bank Q2 Net Profit Rises 15%, Bad Loans Fall Sharply

City Union Bank Q2 profit rises 15% to ₹329 crore as bad loans fall sharply; strong interest income and lower provisions boost overall performance.

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Administrative policy decision of banks or rate of interest can't come under purview of Consumer Commission: SC [Read Judgment] Judiciary
Administrative policy decision of banks or rate of interest can't come under purview of Consumer Commission: SC [Read Judgment]

SC: Bank policy decisions on interest rates beyond Consumer Commission’s purview; RBI’s regulatory domain upheld under legislative framework.

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