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Govt rejects demand for further extension of returns filing date beyond Feb 15
January 12, 2021The finance ministry on Monday rejected demand for further extension of the last date for filing...
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HDFC, ICICI Bank, SBI, among top-10 lenders in 2020; Google Pay, PhonePe top wallets: Report
December 22, 2020HDFC, ICICI Bank, SBI, Yes Bank, PNB and HSBC Bank emerged as the top-10 banks in...
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SBI prefers co-origination model to meet MSMEs financial needs
December 14, 2020The State Bank of India (SBI) will prefer the co-origination model to cater to the financing...
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RBI orders HDFC Bank to stop launch of new digital banking initatives and credit card issuance
December 4, 2020The Reserve Bank of India has ordered HDFC Bank Ltd to stop launching new digital banking...
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RBI announces slew of measures to keep NBFCs resilient
December 4, 2020The Reserve Bank of India (RBI) has announced a slew of measures to keep NBFCs resilient....
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XacBank Mongolia selects Infosys Finacle to power its digital transformation
November 24, 2020Infosys said on Tuesday XacBank, a leading universal bank in Mongolia, has selected Finacles core banking,...
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NBFCs with asset over Rs 50,000 crore and owned by corporate house can get bank licence
November 24, 2020Non-Banking Financial Companies (NBFCs), owned by corporate house, having asset over Rs 50,000 crore can easily...
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RBI panel proposes to allow large corporate houses as promoters of banks
November 21, 2020An internal RBI panel has proposed that large corporates may be permitted to promote banks after...
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Loan moratorium is a fiscal policy matter, government has taken proactive steps
November 19, 2020The Center has informed the Supreme Court that loan moratorium is a fiscal policy matter and...
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FM asks banks to promote RuPay cards; make NPCI ‘brand India product’
November 11, 2020Finance Minister Nirmala Sitharaman on Tuesday asked banks to “only promote” RuPay Cards and ensure that...
