Banking

• RBI imposes monetary penalty on IndusInd Bank, Kotak Mahindra Bank

  July 6, 2022

• People can receive R. 10 lakh without telling authorities after Center modifies FCRA

  July 5, 2022

• SBI Life and Paschim Banga Gramin Bank sign a bancassurance agreement

  July 5, 2022

• SBI Card partners with Aditya Birla Finance to launch ‘Aditya Birla SBI Card’

  July 5, 2022

• Govt revamps Banks Board into Financial Services Institutions Bureau

  July 4, 2022

• Axis Bank and EazyDiner collaborate to introduce Dining Delights

  July 4, 2022

• RBI modifies the rules for banknote sorting and authentication

  July 4, 2022

• Government authorised SBI to issue and en-cash electoral bonds

  July 2, 2022

• State Bank of India (SBI) celebrates 67th Foundation Day

  July 2, 2022

• RBI: Banks’ gross non-performing assets reached six-year low of 5.9%

  July 2, 2022

• RBI data: Credit card spending exceeded Rs. 1.13 billion in May

  July 1, 2022

• Axis Bank and Airtel Payments Bank collaborate to digitise last-mile cash collection

  June 30, 2022

• Mufin Finance get Prepaid Payment Instrument licence from RBI

  June 28, 2022

• RBI approves SBI’s establishment of operations support subsidiary

  June 28, 2022

• Co-branded contactless RuPay credit cards introduced by BOB and Nainital Bank

  June 27, 2022

• Campus Power a new digital platform for students from ICICI Bank

  June 25, 2022

• Government department will work with SBI, to establish an integrated pension platform

  June 24, 2022

• RBI delays implementation of provisions for issuing credit and debit cards

  June 24, 2022

• Karnataka Bank launches “V-CIP” for account opening

  June 23, 2022

• South Indian Bank launches “SIB TF Online” EXIM trade portal

  June 23, 2022

• Freo partners with Equitas Small Finance Bank to launch digital savings account

  June 23, 2022

• RBI spent more to print ₹20, ₹50, ₹100, ₹200 notes in FY22

  June 21, 2022

• Millath Co-operative Bank’s licence suspended by the RBI

  June 21, 2022

• MeitY declares HDFC, ICICI, NPCI’s IT resources as critical information infra

  June 21, 2022

• Equitas Small Finance Bank set to launch “ENJOI” kid’s savings account

  June 20, 2022

• RBI’s ‘Payments Vision 2025’ aims for a three-fold increase in digital payments

  June 20, 2022

• RBI raises limit of e-mandates for transactions up to Rs 15,000

  June 18, 2022

• Canara HSBC Life rebrands due to PNB exit

  June 18, 2022

• HSBC India announced $250 Million lending support for Indian start-ups

  June 17, 2022

• RBI lifted the restrictions on Mastercard 2022

  June 17, 2022

• Tamilnad Mercantile Bank gets SEBI’s nod to float IPO

  June 16, 2022

• Indian Bank launched digital renewal scheme for KCC holders

  June 15, 2022

• OmniCard becomes 1st RBI licensed PPI to launch cash withdrawal across all ATMs PAN India

  June 14, 2022

• RBI increased individual housing loan limit for co-operative banks

  June 13, 2022

• Fino Payments Bank collaborated with Go Digit for shop insurance policy

  June 13, 2022

• ICICI Bank Partners with ZestMoney to Expand ‘Cardless EMI’ Facility

  June 11, 2022

• RBI cancelled licence of Mudhol Co-op Bank, Bagalkot, Karnataka

  June 11, 2022

• Over 1.18 billion payment devices been deployed in India as of April

  June 10, 2022

• NBFCUL Releases New Provisioning Norms for Standard Assets, issued by the RBI

  June 8, 2022

• Stashfin introduced #LiveBoundless, a credit line card for women

  June 7, 2022

• RBI announces results of 1st Global Hackathon “HARBINGER 2021”

  June 6, 2022

• HDFC ties up with Accenture for digital transformation

  June 4, 2022

• Public Sector Banks doubled their Net Profit to almost Rs 66,500 crore in FY22

  May 31, 2022

• BOB Financial and HPCL started up a co-branded contactless RuPay Credit Card

  May 30, 2022

• India Post Payments Bank introduced issuer charges for AePS

  May 28, 2022

• MUFG Bank of Japan receives approval to open a branch at GIFT City

  May 28, 2022

• RBI reduces net-worth requirement for non-bank Bharat Bill Payment units

  May 27, 2022

• Postal Department and India Post payments Bank (IPPB) Aarohan 4.0 begins in Shimla

  May 27, 2022

• Fintech startup Mahagram partners with IndusInd Bank to nurture digital payments

  May 27, 2022

• Card-Less Cash Withdrawals stage across All ATMs set by RBI

  May 26, 2022