Banking and Finance

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Lok Sabha passes State Banks (Repeal and Amendment) Bill, 2017

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RBI revises BBPS framework to streamline bill payments, enhance protection

RBI revises BBPS Framework to Streamline Bill Payments; Issues Master Direction...

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RBI sets up RRA 2-0

RBI set up RRA 2.0 to Streamline its Regulations and Reduce...

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Sidbi sets up Swavalamban Crisis Responsive Fund

SIDBI Set Up ‘Swavalamban Crisis Responsive Fund’ to Facilitate Free Onboarding...

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India's external debt rises by USD 31 bn to USD 647 bn in 2023

World Bank Report: India’s External Debt Increases by USD 31 Billion...

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REC raises USD 1.15 Billion through Syndicated Term Loans in August 2023

Highlights of 54th AGM of REC Limited; Committed to Increase Green...

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RBI eases current account rules for bank exposures less than Rs 5 crore

RBI Eased Current Account Rules for Bank Exposures Less than Rs...

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ADB approves $1

Asian Development Banks approves 1.5 billion USD to India to Combat...

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HDFC Bank launches instant auto loan

HDFC Bank to Offer ‘ZipDrive’, an Online Instant Auto Loans to...

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DBS Bank partners with TCIL for real time payments to truck drivers

DBS Bank India partners with TCIL to facilitate real time payments...

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Arun Jaitley

Government sets up Arun Jaitley led panel on PSU bank mergers

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First Gold-backed Digital Gold Currency

World’s First Gold-backed US Digital Gold Currency Launched in India, GCC,...

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SBI, KfW sign $277 mn agreement for energy-efficient housing programme

SBI inks $277 million pact with Germany based KfW for energy-efficient...

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UPI dominance UPI transactions posts 56% YoY volume growth in H2 2023 Worldline

UPI Transactions Volume Increased by 56% in H2 2023: Worldline

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RBI issues detailed norms for outsourcing

RBI Issued Outsourcing of IT Services Directions 2023; Simplifies Application process...

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Government’s RRB Consolidation Drive reduces RRBs from 196 to 28 Under...

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100 percent return on premium

ABHICL introduced India’s first Health Insurance plan, ‘Activ Health Policy’ with...

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SEBI Sets Rs 1 Crore Minimum Investment, Mandatory Demat for Securitised...

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RBI issues draft rupee interest rate derivatives

RBI Issued Draft Rupee Interest Rate Derivatives (Reserve Bank) Directions: September...

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Investment Announcements Soar 39% in FY25 State Bank of India Report

New Investment Announcements Surged by 39%, to over Rs 32 lakh crore...

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RBI launches pilot project for ‘Public Tech Platform’ enabling frictionless credit processing

RBI launches pilot for ‘Public Tech Platform for Frictionless Credit; Launches...

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Himachal Pradesh State Roads Transformation Project

World Bank approved Rs 585 cr for Himachal Pradesh State Roads...

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RBI data Bank credit growth to MSMEs decelerates in Q1

Bank credit growth to MSMEs decelerates in Q1FY24: RBI issues new...

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Retail trade and NBFCs drive

RBI Data: Retail Trade and NBFCs Drive Credit Growth in Services

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Union Vyom App & Various New Products On The Occasion Of 104th Foundation Day

Union Bank of India Launches Union Vyom App & Various New...

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UCO Bank partners with four insurers

UCO Bank ties up with four insurers to offer various insurance...

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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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RBI extends interest subsidy scheme for Exporters

Reserve Bank extends interest subsidy scheme for exporters till 31 March...

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CBoI ties up with NABFOUNDATION to provide loans to self-help groups

CBoI Signs MoU with NABFOUNDATION to Provide Working capital for SHGs...

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Kotak Mahindra Bank becomes first Indian lender to allow video KYC

Kotak Mahindra becomes 1st bank in India to introduce video-KYC facility...

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RBI data Aviation sector witnesses 93% increase in gross credit deployment

Non-Food Bank Credit grew to 16.3% in June 2023, for Aviation...

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SEBI amends rules governing collective investment schemes

SEBI Amends Rules Governing CIS; Listing Obligations & Disclosure Requirements; and...

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