Banking and Finance

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RBI

RBI selects 12 accounts, accounting for 25% NPAs, for Insolvency and...

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RBI issues digital lending norms to curb malpractices

RBI issues Digital Lending Norms to curb Malpractices; Cancels banking licence...

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India’s GDP growth to hike by 7.8% in 2016-17

GDP growth in June quarter to be around 6.6% in India...

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Public Sector banks post record Rs.1.78 trillion profit in FY25, growth...

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SBI launches Children’s Benefit Fund, with provision for gold and global equity

SBI Mutual Fund Launched SBI Magnum Children’s Benefit Fund -Investment Plan

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RBI monetary policy review highlights

Highlights of RBI’s Bi-monthly Monetary Policy of 2022-23; Repo Rate raised...

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FIDC-writes-to-RBI-and-raised-concern-over-new-current-account-rules

FIDC Requested RBI to Review New Current Account Rules; Concerns on...

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4th RBI Bi-Monthly policy held on December 4 2020

Highlights of 4th Bi- Monthly Monetary Policy Committee (MPC) 2020-21: December...

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SIDBI has rolled out multiple measures to support MSME new

SIDBI Added Development Measures for MSMEs

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SBI and BoB to Establish IDPIC for Real-Time Fraud Detection

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UPI123Pay RBI launches new UPI service for feature phones

RBI Launches UPI for feature phones ‘UPI123Pay’ and 24*7 helpline ‘DigiSaathi’

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Public Sector Banks doubled their Net Profit to almost Rs 66,539 cr

PSBs doubled their Net Profit to record Around Rs 66,539cr in...

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Agriculture-sector-grew-by-11-per-cent-CAGR

Agriculture Sector Grew by 11% CAGR during 2015-20:Innovation in India’s Rural...

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Sebi overhauls advisory committees on secondary mkts

SEBI Restructures its Advisory Committees on Secondary Markets, Mutual Funds, Corporate...

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NBAD

Abu Dhabi Bank included in the Second Schedule of RBI Act

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RBI

RBI proposed to introduce PPI for Mass Transit Systems

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REC launches ‘SUGAM REC’, a mobile app for 54EC Bonds Investors

REC Launches ‘SUGAM REC’, a Mobile App for 54EC Bonds Investors

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Sebi enhances inveforeignstment cap of MFs

SEBI Enhances Foreign Investment Cap limit of Mutual Funds from $300...

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PSBs’ Dividends Increases 33% to Rs 27,830 crore in FY24: GoI...

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RBI

As per RBI, Bank frauds reached unprecedented Rs 71,500 crore in...

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Axis Bank and Rupifi launch an exclusive Business credit card

Axis Bank in Partnership with Rupifi and Visa Launches ‘Axis Bank...

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soft loan to Eswatini

India extended 4th LOC of $108.28 mn to Eswatini

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RuPay partners with RBL Bank to launch RuPay Po

RuPay Partnered with RBL Bank to Launch ‘RuPay PoS’; Transforms Merchant...

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SBI, Axis, HDFC lead the pack in UPI transaction

SBI Tops in UPI transaction Among UPI Remitter Banks & PPBL...

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USAID, DFC announce USD 41 mn financing for renewable energy in India

USAID, DFC announces USD 41 Million for financing Renewable Energy solutions...

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axis bank

Axis Bank ties up with LIC to extend its Insurance cover...

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NDB

ICICI Bank signs MoU with BRICS Grouping-promoted New Development Bank

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RBI

RBI issues guidelines on Interest Subvention Scheme for Kisan Credit Card...

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JICA signs ¥10-b loan agreement with TCCL

JICA signs 10 Billion Yen Loan agreement with TCCL for funding...

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SEBI forms new department to check promoter frauds

SEBI forms Corporation Finance Investigation Department (CFID) to check Promoter Frauds

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RBI issues differential provisioning norms for standard assets for large NBFCs

RBI issues New Provisioning Norms for Standard Assets by NBFC-UL; Imposes Rs...

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SIDBI, TransUnion CIBIL launch financial knowledge platform

SIDBI, TransUnion CIBIL launched financial knowledge platform ”MSMESaksham” for MSMEs

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