Banking and Finance

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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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SEBI Approves Changes To IPO And Preferential Allotment Rules

SEBI Board approves Changes to IPOs & Preferential Issues

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RBI releases report on banking in India

RBI’s Report on Banking in India 2020-21: GNPAs of Banks dipped...

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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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RBI enforces 20-digit LEI for cross-border deals above Rs 50 crore

RBI Mandated 20-digit LEI for Cross-Border Transactions above Rs 50 crore

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Highlights of 5th Bi monthly policy of FY 21-22

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

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Number of ATMs in India at over 2.13 lakh, says Fin Min

Number of ATMs in India Stood Over 2.13 Lakh 

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States debt-to-GDP ratio worryingly higher than FY23 target, says RBI report

States Debt-to-GDP ratio to remain at 31% by March 2022; worryingly...

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ADB approves USD 125 mn loan for water supply

ADB Approves $125 Million Loan for Uttarakhand Water Supply and Sanitation...

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RBI accepts 21 of 33 working group recommendations

RBI Accepted 21 out of 33 Recommendations of the IWG on...

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RBI floats draft scheme for amalgamation

RBI floats Draft Scheme for amalgamation of PMC Bank with Unity...

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RBI releases report of working group on digital lending

RBI Released Report of WG on Digital Lending; RBI Withdraws over...

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RBI introduces internal ombudsman mechanism for select NBFCs

RBI Introduced Internal Ombudsman Mechanism for NBFCs

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Sebi notifies norms to include silver in mutual fund schemes

SEBI amends Mutual Fund Norms to launch ETFs on Silver

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National Internet Exchange of India launches ‘Digital Payment Gateway’

National Internet Exchange of India Launches ‘Digital Payment Gateway’

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RBI-launches-its-First-Global-Hackathon

RBI Launches its First Global Hackathon – HARBINGER 2021

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RBI unveils revised PCA framework

RBI Issues Revised PCA framework for Banks

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Seventh tranche of Sovereign Gold Bond scheme opens

Govt Opened 7th Tranche of SGB Scheme with Issue Price

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Sebi forms IT project advisory committee to provide technical expertise

SEBI Formed IT-PAC Headed by Dr Abhay Karandikar; Reconstituted Technical Advisory...

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Ujjivan Financial Service okays amalgamation with Ujjivan SFB

Ujjivan Financial Services’ Board approved its amalgamation with USFB

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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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RBI issues draft directions to implement Basel III framework

RBI Issued Draft Directions to Implement Basel III framework for AIFIs

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RBI announces scale-based regulatory framework for NBFCs

RBI Introduced Revised Regulatory Framework for NBFCs ‘SBR’

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NABARD sanctions Rs 608 crore for infrastructure projects

NABARD Sanctioned Rs 608 Crore to GoI for Assam’s Infrastructure Projects

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Interest rate on small savings

RBI: Govt’s Interest Burden Rise due to Unchanged Interest Rate on...

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RBI grants small finance bank licence to consortium

RBI Granted Licence to Centrum-BharatPe’s Unity SFB; become 12th SFB of...

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Highlights of Fourth bi-monthly MPC meeting of FY22

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

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