Banking and Finance

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RBI-releases-framework-for-geotagging-payment-system-touchpoints

RBI releases framework for Geotagging Payment System Touchpoints

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NPCI set to launch UPI Lite for small value transactions in offline mode

NPCI to launch ‘On-Device Wallet-UPI Lite for Small Value Transactions’ in...

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RBI-unveils-harmonised-framework-for-microfinance-lenders

Regulatory Framework for (Microfinance Loans) Directions, 2022: RBI unveils Framework for...

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NaBFID to be regulated as AIFI under RBI Act

NaBFID to be Regulated as All India Financial Institution under RBI...

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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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RBI exempts UCBs’ investment in Umbrella Organisation

RBI exempts UCBs’ investment in Umbrella Organisation from non-SLR holding limits

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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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RBI amends payments systems rules

RBI updates Payment and Settlement Systems Regulations, 2008;RBI Cautions Against sRide...

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Union Cabinet approves FDI of up to 20%

Union Cabinet Approves FDI of up to 20% in LIC under...

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Union Bank MSME RuPay Credit Card

Narayan Rane Inaugurated MSME Conclave 2022 in Sindhudurg, Maharashtra; Launches Union...

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RBI Specified NBFCs to implement core financial services solutio

RBI Directed NBFCs to Implement CFSS by September 2025

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Government of India, World Bank sign loan agreement of 115 million US dollar

World Bank, GOI signed  USD 115 million loan agreement for REWARD...

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RBI extends deadline for NBFCS to meet new NPA upgradation norms

RBI Extends Deadline for NBFCS to meet new NPA Upgradation Norms...

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Highlights of the sixth Bi-Monthly Monetary Policy of FY21-22

Highlights of the Sixth Bi-Monthly Monetary Policy of FY21-22

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LIC 3rd largest globally, but offers highest RoE of 82%

LIC 3rd strongest & 10th Most Valuable Globally, Offers Highest RoE...

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ADB lends record USD 4.6 bn loans to India in 2021

ADB Lends Record USD 4.6 Billion Loans to India in 2021

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India-Inc’s-overseas-borrowing-jumps-19-per-cent-to-$23

Indian Company’s ECB Jumps 19 Percent to USD 23.28 Billion in...

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Vedanta ties up Rs 8,000-cr facility with Union Bank

Vedanta ties up Rs 8,000-cr facility with Union Bank of India...

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Banks to transfer 15 accounts worth Rs 50,000 cr

Banks to Transfer 15 NPA Accounts worth Over Rs 50,000 crore...

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SBI lists $300-m Formosa bonds on India INX

SBI lists $300 million via Taiwan’s Formosa Bonds on India INX

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Government approves PMC Bank amalgamation plan

Government Approves PMC Bank Amalgamation Plan with USFBL

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RBI holds repo auction as GST outflow

RBI holds Overnight VRR Auction as GST outflow from Banks tightens...

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NSE world's largest derivatives exchange for 3rd

NSE Remains World’s Largest Derivatives Market for 3rd Straight Year; NSE...

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Sebi cuts time period for filing settlement applications

SEBI Amends Settlement Proceedings; cuts Timeline for Filing Settlement Applications to...

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Issues related to cards, net banking, fair practices

RBI Releases Annual Report of Ombudsman Schemes, 2020-21; Complaints rose by...

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RBI to set up new fintech department to push innovation

RBI Sets up Separate Department for Fintech  

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Irdai to set up hubs on motor, property insurances

IRDAI – to Set up Hubs on Motor, Property Insurances and...

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RBI ups threshold for LCR maintenance by banks

RBI Increased Banks’ LCR Maintenance on Funds Received from Non-Financial Small...

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RBI releases eligibility criteria for 'specified users'

RBI Releases Eligibility Criteria for Entities to Become ‘Specified Users’ of...

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RBI-prompts-primary-dealers-to-trade-in-Retail-Direct

RBI Introduces Market Making Scheme to Promote PDs to Trade in...

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Govt retained interest rates on small savings schemes for the fourth quarter of FY22

Government Unchanged the Interest Rate of Small Savings Schemes for Q4...

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Banks' gross NPAs may rise to 9-5 per cent in Sept 2022

RBI’s 24th FSR 2021: Banks’ GNPA may rise to 8.1% by...

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