Banking

• RBI Cancels Licence Of Deccan Urban Co-operative Bank

  August 20, 2022

• Axis Bank signed an MoU with FCI to provide “Ultima Salary Package”

  August 19, 2022

• HDFC Bank introduced “Vigil Aunty” to promote secure banking practices

  August 18, 2022

• New deposit products introduced by Ujjivan SFB and Bank of Baroda

  August 18, 2022

• State Bank of India introduced its first dedicated branch to support start-ups

  August 18, 2022

• 4 independent directors reappointed by GoI to RBI’s central board

  August 17, 2022

• Karnataka Bank launches term deposit scheme “KBL Amrit Samriddhi”

  August 17, 2022

• Kotak Mahindra Bank launched “Kotak Crème” lifestyle-focused corporate salary account

  August 16, 2022

• State Bank of India launched “Utsav fixed deposit scheme”

  August 16, 2022

• SBI to run Indian Visa Centres (IVAC) in Bangladesh

  August 13, 2022

• Reserve Bank Of India’s 1st Set Of Digital Lending Norms

  August 13, 2022

• HDFC Bank inks an agreement with TReDs platform M1xchange

  August 12, 2022

• RBI cancelled the license of Rupee Co-operative Bank, Pune

  August 12, 2022

• RBI authorises HR subsidiary of SBI to manage cost effectively

  August 10, 2022

• SBI Formalises Policy To Finance Makers Of Lab-grown Diamonds

  August 10, 2022

• Federal Bank: First payment gateway to be listed on the new tax platform

  August 9, 2022

• SBI’s first-quarter net profit fell by 7% to Rs. 6,068 billion

  August 9, 2022

• Indian Bank received a Rs. 32 lakh fine from the RBI

  August 9, 2022

• RBI Imposes ₹2.33 Cr Monetary Penalty On Spandana Sphoorty Financial

  August 9, 2022

• Digital Payments Index for March 2022 announced by RBI at 349.30

  August 6, 2022

• New Payment System For NRIs: The BBPS

  August 6, 2022

• 4th RBI Monetary Policy review: Repo rate raised by 50 bps

  August 5, 2022

• RBI permitted use of INR for foreign commerce invoices and payments

  August 4, 2022

• October 1 set as the card tokenization deadline by RBI

  August 2, 2022

• Union Bank sets ‘RACE’ goal as its strategy of getting among top 3 PSBs

  July 29, 2022

• Patna’s Deedargunj, Bandhan Bank unveils its first currency vault

  July 29, 2022

• RBI permitted bidders for IDBI Bank to own more than 40%

  July 28, 2022

• HDFC Bank to be among global top 10 banks after merger

  July 27, 2022

• RBI approves Piramal Enterprises’ establishment of NBFC

  July 27, 2022

• Nationalization of banks list 2022 Detailed Check Now

  July 27, 2022

• Canara Bank launched its mobile app named “Canara ai1”

  July 26, 2022

• RBI approves Open, Cashfree Payments, PayNearby and Fairexpay for Cross-Border Payments

  July 23, 2022

• 3 cooperative banks restricted from undertaking banking business by RBI

  July 22, 2022

• Federal Bank and CBDT collaborate to offer online tax payment services

  July 22, 2022

• Urban Cooperative Banks 4-tier regulatory structure adopted by RBI

  July 22, 2022

• Govt and RBI policies aid banks to recover bad loans of Rs. 8.6 lakh crore in 8 fiscal years

  July 21, 2022

• IndusInd Bank board approves raising Rs 20,000 crore through debt

  July 21, 2022

• Launch of WhatsApp banking service by SBI

  July 20, 2022

• Raigad Sahakari Bank of Mumbai subject to limitations from RBI

  July 20, 2022

• Integration with new tax site completed by Kotak Mahindra Bank

  July 18, 2022

• RBI imposed penalty of Rs 1.67 cr on Ola Financial Services for non-compliance provisions

  July 15, 2022

• SBI subsidiary and MEA sign agreement regarding Trilateral Development Cooperation Fund

  July 13, 2022

• Union Bank launched Open Banking Sandbox and Metaverse Virtual Lounge

  July 11, 2022

• Federal Bank and Bank of India penalized by RBI for breaking regulatory obligations

  July 11, 2022

• Shriram General Insurance and City Union Bank signed corporate agency agreement

  July 11, 2022

• Indian Air Force & PNB signs MoU for ‘PNB Rakshak Plus Scheme’

  July 9, 2022

• SBI General Insurance launches Cyber VaultEdge insurance plan

  July 8, 2022

• To conduct fieldwork of inflation anticipation survey, RBI chooses Hansa Research Group

  July 8, 2022

• South Indian Bank tie up with Kerala Forest & Wildlife Dept for digital payment collection

  July 7, 2022

• SBI updates agreement with Air Force for defence compensation package

  July 7, 2022