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Citibank set to exit India, sheds light on battle for market share
April 16, 2021Increased rivalry from domestic lenders battle for market share is one of the reasons, including high...
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RBI orders banks to take proactive measures to maintain business continuity
April 13, 2021The RBI Governor Shaktikanta Das, in a meeting on Monday, asked bank CEOs to take proactive...
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State-specific lockdowns to hit microfinance institutions
April 11, 2021Microfinance institutions will be negativity hit by the imposition of state-specific lockdowns to stem the further...
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RBI pledge to buy bonds sends a wave of relief through sovereign debt market
April 9, 2021The Reserve Bank of India (RBI) pledge of buying Rs 1 lakh crore of government quarters...
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Reserve Bank extends RTGS, NEFT facilities to non-banking payment operators
April 7, 2021Reserve Bank of India on Wednesday extended the Real-Time Gross Settlement (RTGS) and National Electronic Funds...
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PSBs have to bear Rs 2,000 cr burden due to Supreme Court judgement
April 4, 2021Public sector banks (PSBs) are likely to bear the burden of Rs 2,000 crore arising due...
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Go Cardless: Now withdraw cash from ATMs using UPI Apps
April 2, 2021Now you can withdraw cash from ATM without using smart cards or raising a request through...
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Bank credit to grow 10 pc in FY22 on faster GDP expansion, policy measures: Crisil
April 1, 2021Banking system’s credit growth will almost double to 10 per cent in 2021-22 on the economic...
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RBI extends timeline for processing recurring transactions
March 31, 2021The Reserve Bank of India (RBI) has extended the timeline for processing recurring online transactions by...
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Centre unlikely to take zero-coupon bond to recapitalize PSBs
March 28, 2021Because of the concerns raised by the Reserve Bank, the government is unlikely to take zero-coupon...