Banking and Finance

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start-up funding in india down by 33% to $24 billion in cy2022

PwC India Report: Startup Funding in India Drops 33% to USD...

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Danish Red Cross launches World's first ever volcano bonds

Danish Red Cross Launched the World’s First Volcano Cat Bond

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Financial Stability and Development Council

FSDC Sub-Committee headed by Urjit Patel reviews financial events of country

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IFSCA becomes member of IOSCO

IFSCA Becomes a Associate Member of International Organisation of Securities Commissions

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Sebi bars former IndusInd Bank CEO, four others from market for...

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Positive Pay system for high value cheques

RBI to Initiate Positive Pay system for Cheques above Rs 50,000...

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Union Minister Jyotiraditya M.Scindia Launches UPI–UPU Integration in Dubai, UAE

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Life Insurance Corporation (LIC) of India launches Bima Jyoti

LIC of India launched Individual Savings Plan, ‘Bima Jyoti’ Plan

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IDBI Bank launches many digital solutions on its 59th Foundation Day

IDBI Bank Launches Multiple Digital Solutions on Its 59th Foundation Day

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RBI Issues Guidelines For Amalgamation Of Urban Cooperative Banks

RBI  issued Guidelines on Merger/Amalgamation for Urban Cooperative Banks

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IDBI Intech implements its innovative Anti Money Laundering solution at LIC

IDBI Intech Implements Innovative Anti Money Laundering Solution at LIC 

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SEBI puts off frezeeing MF folios without nomination to Sept end

SEBI postponed freezing MF Folios without Nomination to Sept 30, 2023; Introduces...

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RBI announces FPI investment limits in G-secs and SDLs

RBI Announced FPIs Investment Limits in G-secs, SDLs for FY22 at...

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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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Irdai ups max cover under Arogya policy to Rs 10 lakh

IRDAI Hiked the Maximum Cover Under ‘Arogya Sanjeevani Policy’

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Reserve Bank of India (RBI) has disallowed the use of Letters of Comfort

RBI Disallows Use of Letters of Comfort: To Impact Debt Worth...

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IOB special scheme for SHGs

COVID-19: Indian Overseas Bank introduces special borrowing programme for self-help groups

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BoB, BoM and SBI Launch Deposit Schemes to Fund Credit Demand

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RBI lays out a roadmap for voluntary transition of small finance banks to universal banks

RBI lays out Framework for Voluntary Transition of Small Finance Banks(SFBs)...

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RBI issueRBI issues guidelines on compensation of key managerial personnel, senior management in NBFCss guidelines on compensation of key managerial personnel, senior management in NBFCs

RBI issues Guidelines on Compensation of KMPs & Senior Management in...

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RBI Released Payment System Report, December 2024

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Public Sector Banks doubled their Net Profit to almost Rs 66,539 cr

PSBs doubled their Net Profit to record Around Rs 66,539cr in...

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PHDCCI inks pact with SIDBI

PHDCCI Signs a MoU with SIDBI to Facilitate Credit Schemes for...

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axis bank

Axis bank better placed than ICICI and other PSU Banks

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rbi-grants-payments-banks-licence-to-11-applicants

RBI tightens screws on banks to ease bad debt

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RBI commences first Test Phase of Regulatory Sandbox retail payments

RBI Commenced 1st Test Phase of Regulatory Sandbox retail payments with...

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IRDAI board gives nod to 8 regulations for insurance products, policyholders

IRDAI Approved 8 Regulations for Insurance Products, Policyholders

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SEBI Gets Phased Capital, Revenue and Compliance Timelines for Merchant Bankers

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Foreign portfolio investment

FPI limit in corporate bonds enhanced to 15% from 9% for...

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RBI Allowed Minors above 10 Years to Operate Accounts Independently

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RBI releases report on Benchmarking India's Payment Systems

RBI releases report on Benchmarking India’s Payment Systems

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J&K Bank Business Support Loan Scheme

Lt Governor G C Murmu Launches Two Customized Loan Schemes of...

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