Banking and Finance

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Lakshmi Vilas Bank brought under moratorium new

RBI placed LVB under 1-month moratorium & announced Draft Scheme to...

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UNESCO launches list documenting 50 iconic Indian heritage textiles

BSE gets SEBI nod for Social Stock Exchange as Separate Segment

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RBI’s Central Board Approved Record Surplus Transfer of Rs 2.69 trillion...

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RBI allows operation of pre-sanctioned credit lines at banks through UPI

RBI allows operation of pre-sanctioned credit lines at banks through UPI

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Government-of-India-and-AIIB-sign-agreement-for-$500-million

Indian Govt, AIIB Inked $500 Mn Loan Agreement to Improve Quality...

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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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MSMEs merchandise export share increased to  45.7 % in FY24: SIDBI...

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RBI asks card issuers to let customers choose card network

RBI amends Card Rules; Customers can Choose Card Network

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Banks allowed priority sector lending to NBFCs for another 6

RBI has extended PSL by Banks to NBFCs up to September...

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credit card adoption to increase in 2023

UPI remains Preferred Medium for Digital Payments in 2022; Bengaluru tops...

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New SIP rule SEBI mandates MF companies to process cancellations in 2 days

SEBI Mandated MF Companies to Process Cancellations of SIP in 2...

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Federal-Bank-unveils-FedFirst

Federal Bank Launched FedFirst, a Special Savings Account for Children

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Union Finance Minister Nirmala Sitharaman Unveiled BSE Coin, Logo and Index...

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Mastercard Launches Central Bank Digital Currencies

Mastercard Launches Central Bank Digital Currencies (CBDCs) Testing Platform

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RBI

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

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Highlights of the 208thmeeting of the SEBI Board

Highlights of the 208th meeting of the SEBI Board 

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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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NSDL-Payments-Bank,-HDFC-ERGO-join-hands-to-offer-customised-insurance-solutions-to-customers

NSDL Payments Bank Partnered with HDFC ERGO General Insurance to Offer...

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Myanmar Grant 4 banks

Government May Merge 27 Public Sector Banks Into Just Six

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RBI Introduced ‘RBI Retail Direct’ Scheme to Facilitate Investment in G-Sec...

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Kotak Mahindra Bank implements RBI's first phase of Digital Rupee

Kotak Mahindra Bank Implements RBI’s First Phase of Digital Rupee

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Nabard SBI ink MoU for livelihood intervention projects

NABARD Signs MoU with SBI to Take up Joint Intervention Projects...

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The Asian Development Bank (ADB) has approved a $200 million loan

ADB Approved USD 200mn loan for U’khand’s Climate-Resilient Power System Development Project

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IndusInd-Bank-first-bank-to-go-live-on-RBI’s-'Account-Aggregator-Framework'

IndusInd Bank Becomes the 1st bank in India to Go Live...

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RBI Committee

RBI announces its first policy review post-demonetisation

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SVC Bank has tied up with National Payments Corporation of India (NPCI) for a rewards programme

SVC Co-operative Bank in Partnership with NPCI Launches Rewards Programme

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RBI extends risk-based internal audit system to HFCs

RBI Extended RBIA System to Select HFCs

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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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CGTMSE ups guarantee coverage for MSEs

CGTMSE Increased Guarantee Coverage for MSEs from Rs 2 crore to...

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EPFO can invest up to 5% in alternate investment funds

EPFO can Invest up to 5% in AIFs

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SBI-sponsored RRBs launch video-KYC facility

TGB & APGVB become 1st RRBs in India to Launch Video-KYC...

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SEBI Introduced EL-based Rating Scale for CRAs

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