Banking

• AU Small Finance Bank Appoints HR Khan as Non-Executive Chairman

  February 2, 2024

• RBI’s Digital Payments Index (RBI-DPI) Surges to 418.77 in September 2023

  February 2, 2024

• RBI Imposes Major Restrictions on Paytm Payments Bank: Operations Limited Post-February 29

  January 31, 2024

• Bank of Baroda’s Subsidiary ‘BOB Financial Solutions Limited’ Rebranded as BOBCARD Limited with Credit Reimagined Tagline

  January 30, 2024

• ICRA Upgrades FY24 Bank Credit Growth Forecast to 15%: Record Incremental Growth Anticipated

  January 27, 2024

• Zomato Payments Secures RBI Approval as Online Payment Aggregator

  January 27, 2024

• RBI Greenlights LIC’s Acquisition of 9.99% Stake in HDFC Bank

  January 27, 2024

• RBI Announces Revised Eligibility Norms for Urban Co-operative Banks (UCBs) Inclusion in Second Schedule

  January 24, 2024

• HDFC Bank Surpasses 20 Million Credit Card Milestone, Leading Indian Market

  January 24, 2024

• AU Small Finance Bank Receives CCI Approval for Merger with Fincare Small Finance Bank

  January 24, 2024

• YES BANK Achieves Milestone as First Indian Bank on RXIL’s ITFS Platform

  January 23, 2024

• RBI Approves Praveen Achuthan Kutty as DCB Bank MD & CEO

  January 22, 2024

• LIC Introduces Jeevan Dhara II Deferred Annuity Plan

  January 20, 2024

• ICICI Bank Canada Launches ‘Money2India (Canada)’ Mobile Banking App

  January 19, 2024

• HDFC Bank Aims for Singapore Expansion with Banking License Application

  January 19, 2024

• DLabs at ISB launches `Build for Billions’ jointly with RBI Innovation Hub, UBI

  January 18, 2024

• EPFO Removes Aadhaar as Valid Date of Birth Proof

  January 18, 2024

• Karnataka Bank and Clix Capital Forge Digital Co-Lending Partnership via Yubi Platform

  January 17, 2024

• Yes Bank Introduces Veefin’s SmartFin for Digital Supply Chain Finance

  January 16, 2024

• SBI Launches Green Rupee Term Deposit (SGRTD): 10 Key Features

  January 13, 2024

• RBI Penalizes Three Banks for Violations: Dhanlaxmi, Punjab and Sind, ESAF

  January 13, 2024

• Government Approves 1-Year Extension For RBI Deputy Governor Michael Patra

  January 13, 2024

• NPCI Launches UPI-PayNow Linkage for Cross-Border Remittances between India and Singapore

  January 13, 2024

• IndusInd Bank Introduces ‘Samman RuPay Credit Card’ for Government Employees

  January 10, 2024

• RBI’s Financial Stability Report (FSR) – December 2023: Key Highlights

  January 8, 2024

• PNB Housing Finance’s NCD Ratings Upgraded by India Ratings to IND AA+ with Stable Outlook

  January 4, 2024

• Revised RBI Guidelines on Inoperative Accounts and Unclaimed Deposits

  January 3, 2024

• Household Financial Savings and Liabilities in India: RBI’s Assessment

  January 3, 2024

• Tata Pay Secures RBI Payment Aggregator License for E-commerce Transactions

  January 3, 2024

• RBI Significantly Raises Bulk Deposit Limit for Large UCBs to ₹1 Crore and Above

  January 2, 2024

• UPI ends 2023 with record transactions worth ₹18-lakh crore, up 42% y-o-y

  January 2, 2024

• FinMin allows 30th tranche of electoral bonds

  January 2, 2024

• Mudra loans show record growth to ₹3-lakh crore in Q3 FY24

  January 2, 2024

• RBI Approves ICICI Pru Mutual Fund’s Acquisition of Stakes in Federal Bank, RBL Bank, and Equitas Small Finance Bank

  December 29, 2023

• RBI Identifies SBI, HDFC Bank, and ICICI Bank as Domestic Systemically Important Banks (D-SIBs)

  December 29, 2023

• RBI Unveils Forex Correspondent Scheme to Enhance Foreign Exchange Services

  December 28, 2023

• RBI Approves IDFC-IDFC First Bank Merger

  December 28, 2023

• Bank of Baroda To Sell 100% stake In Its New Zealand subsidiary

  December 28, 2023

• Indian Banks Achieve 12.2% Growth in FY23: RBI Report

  December 28, 2023

• RBI Fines Four Gujarat Co-Operative Banks

  December 26, 2023

• RBI Proposes Draft Framework for Self-Regulatory Organisations (SROs) in Banking and NBFCs

  December 22, 2023

• RBI Boosts Liquidity Support in 7-Day VRR Auction on Dec 22

  December 22, 2023

• Challenges for Banks Exiting AIF Units: Limited Options in Absence of Secondary Market

  December 21, 2023

• RBI Facilitates Card-on-File Tokenisation Directly at Issuer Bank Level

  December 21, 2023

• RBI Ends Year-Long Wait, Grants Six Payment Aggregator Licences

  December 21, 2023

• Unclaimed Deposits in Indian Banks Surge to ₹42,270 Crore, Marking a 28% Increase in 2023

  December 20, 2023

• SBI’s Market Capitalization Soars to Rs 6 Trillion: A 17% Surge in 1 Month

  December 20, 2023

• RBI Central Board Holds 605th Meeting to Deliberate on Economic Landscape

  December 19, 2023

• IndusInd Bank Introduces ‘Indus Solitaire Program’ for the Diamond Industry

  December 18, 2023

• RBI Fines 5 Co-Operative Banks

  December 16, 2023