Banking and Finance

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Govt lowers interest rates on small saving schemes like PPF, KVP and Sukanya Samriddhi Yojana by 0.1 per cent for April-June quarter

Govt permits banks to sell more small savings schemes

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CVC sets up 4-member panel

CVC sets up 4-member panel to examine bank frauds above Rs...

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RBI-cancels-licence-of-Bhagyodaya-Friends-Urban-Co-operative-Bank

RBI Cancelled the Licence of Bhagyodaya Friends Urban Co-operative Bank

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Injeti Srinivas committee

Injeti Srinivas committee suggests CSR expenditure be made tax deductible

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IDBI Bank become the first bank to enable document embedding feature on SFMS managed by IFTAS

IDBI Bank Became the first Bank to Enable Document Embedding Feature...

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SBI, KfW sign $277 mn agreement for energy-efficient housing programme

SBI inks $277 million pact with Germany based KfW for energy-efficient...

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IMF new

IMF keeps India’s growth forecast at 7.2% for 2017-18

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Exim Bank extends credit line of USD 15 mn to Sierra Leone

Exim Bank Extended LOC of 15 Million USD to Republic of...

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IFSCA gets membership of International Association of Insurance Supervisors

IFSCA Became Member of International Association of Insurance Supervisors

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RBI stretched out SAARC Swap Arrangement

RBI forms High-level Task Force on Public Credit Registry under Yeshwant...

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RBI proposes comprehensive framework

RBI proposed Draft Frameworks for Sale of Loan Exposures and Securitisation...

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State Bank of Sikkim under RBI regulatory purview

RBI has Brought State Bank of Sikkim Under its Regulatory Purview

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RBI grants licence to NARCL- IBA CEO

RBI Granted Licence to NARCL; Permitted Emirates NBD Bank to Open...

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Government Approves Eleven Proposals of FDI

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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 Tightens Rules for SME IPOs with Profitability Mandate

SEBI tightened Rules for SME IPOs with Profitability Mandate

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GNPA of PSBs declined from the peak of 14.58% in Mar-18 to 3.12% in Sep-24

MoF: GNPA of PSBs Declined from 14.58% in Mar. 2018 to...

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Highlights of RBI's 1st Bi-monthly Monetary Policy of FY25

Highlights of RBI’s 1st Bi-monthly Monetary Policy of FY25; India’s real GDP...

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World Bank

World Bank approved $201.50 million for Technical Education Quality Improvement Project...

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IMF and WB releases the Financial System Stability Assessment (FSSA) and Financial Sector Assessment (FSA)

IMF and WB releases the Financial System Stability Assessment (FSSA) and...

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Modi

PM Modi proposes ‘Das Kadam: Ten Steps for the Future’ for...

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

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India's bank credit-to-GDP ratio inches up to 56%

India’s Bank Credit-to-GDP Ratio Increased to 56.075% in 2020, but still...

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ADB to devote USD 14 billion to help ease food crisis in Asia-Pacific

ADB to fund USD 14 billion for Food Security in Asia-Pacific;...

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Wilful Defaulters

Wilful Defaulters in State-Run Banks increased by 60% in 5years

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World Bank steps up support for Namami Gange Programme

World Bank Enhances the financial Support for Ganga rejuvenation with $400...

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OneWeb partners SoftBank to roll out satellite communication services

OneWeb partners with SoftBank  to promote Satellite Communication Services

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15th Finance Commission- RBI and Banks & Financial Institutions

The 15th Finance Commission held a 2-day meeting with RBI and...

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RBI introduces revised framework for ARC-borrower settlements (2)

RBI Introduced Revised Guidelines for ARC-Borrower Settlements

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PayPal & DSCI released a report

“Fraud & Risk Management in Digital Payments” Report Released: PayPal &...

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FDI

India, ASEAN-5 more fetching to FDI than other emerging markets

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ICICI

ICICI Bank Executes India’s First Transaction On Blockchain

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