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Banking and Finance

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Justice Alok Aradhe takes oath as Chief Justice of Telangana High Court and 3 other high courts get new chief justices

GoI appointed New Chief Justices to High Courts of Gujarat, Kerala, Telangana & Odisha 

AC Team - July 24, 2023
New Zealand’s dazzling NZD $5 bill named best Banknote of the year

New Zealand’s dazzling NZD $5 bill named best Banknote of the year

HDFC Bank launches instant auto loan

HDFC Bank to Offer ‘ZipDrive’, an Online Instant Auto Loans to its Customers

Reserve Bank of India cuts Repo Rate by 25 Basis Points

PhonePe receives in-principle approval from RBI

Phone Pe – Received Approval from RBI to Operated AA; Received Insurance Broking Licence from IRDAI

Motilal Oswal MF launches India’s first BSE 1000 Index Fund

Ashwin AC - June 5, 2025 0
financial

RBI unveils 5 year National Strategy for Financial Inclusion (NSFI): 2019-2024

AC Team - February 22, 2020 0
Authorized Share Capital of NSFDC ↑ to Rs. 1200 crore

Authorized Share Capital of NSFDC ↑ to Rs. 1200 crore

Puneet Kaur - January 28, 2016 0
3 NPCI Awards conferred upon Corporation Bank

Corporation Bank unveils its Group Credit Life Insurance Scheme in Mangalore

AC Team 1 - August 5, 2016 0
SIDBI launched Mission EVOLVE to finance MSMEs in the EV sector

SIDBI Launched Mission EVOLVE to finance MSMEs for EVs;  GAME Received...

AC Team - June 9, 2023 0
SIDBI Announces Special Liquidity Support To MSMEs

Special Liquidity Scheme for MSMEs launched: SIDBI

AC Team - April 24, 2020 0
NSE IFSC joins hands with BSO to connect global investors

NSE IFSC Appointed BSO as its 1st International Connectivity Partner to...

Ashwin AC - August 10, 2021 0

RBI Revises PSL Norms for SFBs, Effective from 1 April 2025

Ashwin AC - June 23, 2025 0
PayPoint ties-up with Digit General Insurance

PayPoint India tie-up with Digit General Insurance for Health Insurance to...

Ashwin AC - May 18, 2021 0
Highlights-of-RBIs-2nd-bi-monthly-monetary-policy-of-2023

Highlights of RBI’s 2nd Bi-monthly Monetary Policy of 2022-23; Repo Rate raised...

AC Team - June 9, 2022 0
HDFC Bank launches up to Rs 10 lakh overdraft facility

HDFC Bank, CSC Launched OD Facility up to Rs 10 lakh...

AC Team - July 27, 2021 0
India Post Payments Bank launches digital payment services ‘DakPay’

Department of Posts Conducted Meghdoot Award Function 2020 in New Delhi;...

Ashwin AC - December 16, 2020 0
States' freebies crowd out resources needed for development

RBI report: State’s Freebies Crowd out Resources Required for Development

Ashwin AC - December 25, 2024 0
Highlights of RBI's 1st Bi-monthly Monetary Policy of FY 2025-26

Highlights of RBI’s 1st Bi-monthly Monetary Policy of FY 2025-26

Ashwin AC - April 11, 2025 0

Income Declaration Scheme 2016 for domestic black money to commence from...

AC Team 1 - May 15, 2016 0
RBI announces scale-based regulatory framework for NBFCs

RBI Introduced Revised Regulatory Framework for NBFCs ‘SBR’

AC Team - October 23, 2021 0
New Development Bank

NDB sanctions $ 250 million for India’s renewable energy scheme

AC Team 1 - April 15, 2016 0
LIC launches close-ended ‘Dhan Vridhhi’ plan

LIC launches close-ended ‘Dhan Vridhhi’ plan and Sold 2.07% stake in NMDC...

AC Team - June 24, 2023 0
Third Bi-monthly Monetary Policy of RBI 2019-20

Third Bi-monthly Monetary Policy of RBI 2019-20

AC Team 2 - August 7, 2019 0

IFC lends $250 million to HDFC Ltd to boost Green Housing...

AC Team - July 26, 2021 0
JICA signs ¥10-b loan agreement with TCCL

JICA signs 10 Billion Yen Loan agreement with TCCL for funding...

AC Team - March 26, 2021 0
NPCI sets up subsidiary NPCI Bharat BillPay

NPCI set up a subsidiary firm – NPCI Bharat BillPay Ltd

Ashwin AC - April 2, 2021 0

RBI caps investment by banks, NBFCs at 20% of corpus of...

Ashwin AC - July 30, 2025 0

Shivalik Mercantile became 1st urban cooperative bank to convert to SFB

AC Team - January 7, 2020 0
RBI allows standalone primary dealers to borrow in foreign currency

RBI Allows Standalone Primary Dealers(SPDs) to Borrow in Foreign Currency

AC Team - May 6, 2024 0
RBI

RBI releases Draft Guidelines on Net Stable Funding Ratio for Banks

SenDhil - May 31, 2015 0
Airtel-Payments-Bank-partners-Bharti-AXA-General-Insurance-to-secure-retailers-and-merchants

Airtel Payments Bank partnered with Bharti AXA General Insurance to offer...

Ashwin AC - August 6, 2020 0
Union Vyom App & Various New Products On The Occasion Of 104th Foundation Day

Union Bank of India Launches Union Vyom App & Various New...

AC Team - November 12, 2022 0
RBI

RBI opposes finance ministry plan to use gold deposits as bank...

SenDhil - June 23, 2015 0
Government extends RuPay Card usage condition to 90 days

Government extends RuPay Card usage condition to 90 days

Sheerin - November 27, 2015 0
Nabard disburses ₹12,767 cr

NABARD disburses Rs 12,767 crore to State Co-op Banks & RRBs...

AC Team - May 8, 2020 0
GyanDhan receives NBFC licence, aims to disburse Rs 650 crore

GyanDhan Received NBFC Licence; Plans to Disburse Rs 650 crore in...

AC Team - August 4, 2021 0
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