Banking and Finance

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PMC Bank via SFB route

RBI granted approval to CFSL for taking over PMC Bank via...

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PayPoint India signs pact with banks, NBFCs for lending services

PayPoint India Signed pact with Banks, NBFCs for Lending Services

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India extends $100 million Line of Credit to Sri Lanka

India Extends 100 million USD LoC to support Sri Lanka’s Solar...

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India signs $484 m loan pact with ADB

GoI inked $484mn loan pact with ADB for CKIC project in...

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ICICI Bank launches 'ICICI STACK for Corporates

ICICI Bank Launched Digital Banking Solution for Corporates – ‘ICICI STACK’

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LIC-CSL, IDBI Bank launch RuPay prepaid gift card 'Shagun'

LIC CSL Launched Prepaid Gift Card on IDBI Bank’s RuPay Platform

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RBI expands scope and coverage of Bharat Bill Payment System

RBI Permitted ‘Mobile Prepaid Recharges’ under BBPS; Expanded its Scope

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soft loan to Eswatini

India extended 4th LOC of $108.28 mn to Eswatini

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Ujjivan Small Finance Bank collaborates with MoEngage

Ujjivan SFB Collaborates with MoEngage 

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RBI imposes restrictions on new entities from non-FATF compliant jurisdictions

RBI Issued Norms for FATF Non-Compliant Jurisdictions’ Investment in PSOs; Released...

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HDFC MF launches banking and financial services NFO

HDFC MF launched Banking and Financial services NFO

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SBI unveils Kavach Personal Loan scheme for COVID treatment

SBI Launched ‘Kavach Personal Loan’ – Scheme for COVID-19 Treatment

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RBI Allows Banks To Raise Charges For ATM Withdrawals

RBI’s New Rules over ATM: Hike in Interchange Fee, Customer Charge

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RBI extends risk-based internal audit system to HFCs

RBI Extended RBIA System to Select HFCs

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BSE sets up an agency to administer, supervise

BSE set up Entity ‘BASL’ to Administer, Supervise Activities of SEBI-RIA

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Bank of Maharashtra tops PSU banks in terms of loan

Bank of Maharashtra Tops PSU Banks in Terms of Loan, Deposit...

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Federal Bank collaborates with Oracle and Infosys

Federal Bank Expands its Collaboration with Oracle and Infosys

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Indian Bank partners with Fisdom to offer Wealth Management solutions

Indian Bank Partnered with Fisdom to Offer Wealth Management Solutions

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PayNearby ties up with IndiaFirst Life Insurance to provide insurance solutions

PayNearby tie-up with IndiaFirst Life Insurance Launched Insurance Solutions – ‘Poorna...

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HDFC Bank Inks MoU with KIADB, to Offer Banking Solutions to Investor

KIADB inks MoU with HDFC Bank to Offer Banking Solutions to...

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Central Bank of India inks co-lending pacts with Indiabulls Housing, IIFL Home Finance

Central Bank of India Inks Pacts with Indiabulls Housing, IIFL HFL...

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World Bank approves $500-million program to support the MSMEs

World Bank Approved a $500 million program to support India’s MSMEs

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BSE StAR MF signs MoU with GUMCCSL to deepen rural engagement

BSE StAR MF Signed MoU with GUMCCSL to Deepen its Network

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Second Bi-Monthly Monetary Policy for FY 2021-22

Highlights of the Second Bi-Monthly Monetary Policy of FY22

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Sebi raises overseas exposure limit for mutual fund houses to USD 1 bn

SEBI Enhanced Overseas Investment Limit for a Mutual Fund to USD...

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ADB, India sign agreement to support preparation of road upgradation project

ADB Provides $2.5 Million Loan To Sikkim For Road Upgradation Project

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FSDC forms regulators’ panel to address fintech challenges

FSDC Constituted Inter-regulators’ Panel to Deal with Fintech Challenges

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Nabard sanctions Rs 254 crore for drinking water projects in Odisha

NABARD Approves Rs 254 Crore For Drinking Water Projects In Odisha

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HDFC ERGO Partners with Visa to Provide Specialized Insurance Policies

HDFC ERGO, VISA partners to Provide Specialized Insurance Policies for Business...

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Satin Creditcare Network launches UPI AutoPay

SCNL Became 1st MFI in India to Integrate NPCI’s UPI AutoPay 

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ICICI Bank ties up with SWIFT to offer instant cross-borde

ICICI Bank Became the 1st in Asia-Pacific, 2nd Globally to offer...

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Bharti AXA Life in bancassurance pact with Shivalik Small Finance Bank

Bharti Axa Life Insurance Entered Into Bancassurance Partnership With Shivalik SFB

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