Here we provide Current Affairs articles on Bank & Indian Banking system. We collect and compose latest articles related to bank and finance system.
Here we provide Current Affairs articles on Bank & Indian Banking system. We collect and compose latest articles related to bank and finance system.
Reserve Bank of India implements 4 tiered regulatory norms for UCB: The Reserve Bank of India (RBI) has announced a four-tiered regulatory framework for categorisation of Urban Co-operative Banks (UCBs). Besides, the central bank has come out with norms pertaining to the net worth and capital ...
READ MORE +YES BANK partners Turtlefin to create tech platform ‘EasyNsure’: TurtleFin, India's leading insurtech platform, has partnered with YES BANK, to create a comprehensive technology platform - EasyNsure. Turtlefin's distinctive API will power the platform to offer a bouquet of holistic insurance ...
READ MORE +India to receive over record $100 billion in remittances in 2022: India is on course to maintain its position as the top recipient of remittances, with migrant workers who are on track to send home a record amount of money this year. According to the World Bank's Migration and Development brief, ...
READ MORE +RBI Asks Paytm To Re-apply For Payment Aggregator Licence: Reserve Bank of India (RBI) has for now declined to entertain Paytm Payments Services’ (PPSL), a wholly owned subsidiary of Paytm, application for an authorisation to provide payment aggregator services for online merchants. The central ...
READ MORE +Canara Bank Issues Electronic Bank Guarantee in Partnership with NeSL: On its 117th Founder's Day, Canara Banks enters the digital banking space with the issue of an Electronic Bank Guarantee (e-BG) in collaboration with National E-Governance Service Limited (NeSL). The Canara Bank will now offer ...
READ MORE +India, UAE Central Banks Discuss Rupee-Dirham Trade Prospects: The central banks of India and UAE are discussing a concept paper on promoting bilateral trade in rupee and dirham with a view to reduce transaction cost, a top official said. Concerning the Development: Sunjay Sudhir, India's ...
READ MORE +NPCI in talks with RBI on UPI volume cap deadline : National Payments Corporation of India (NPCI), which runs the UPI digital pipeline, is in talks with the Reserve Bank on implementation of its proposed December 31 deadline for limiting the volume cap of players to 30 percent. At present, there ...
READ MORE +HDFC Bank, Canara Bank Get RBI Approval for Rupee Trade with Russia: HDFC Bank and Canara Bank have got approval from the Reserve Bank of India (RBI) to open a special Vostro account for trade in rupees and both the approvals are for trade with Russia, banking industry sources said. November ...
READ MORE +Federal Bank Ties up with JCB India to Finance Heavy Equipment Buyers: Federal Bank on Friday said it has tied up with JCB India to finance the prospective buyers of heavy construction equipment and boost its loan portfolio. The private sector lender said it has inked a memorandum of understanding ...
READ MORE +Govt Raises Maximum Tenure of PSU Banks’ CEO to 10 Years: The government has agreed to provide the managing director and other full-time directors of the public sector banks a longer term of employment. The original appointment can now be set for up to 5 years, with the option of an additional 5 ...
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