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RBI’s rate hikes to weigh down on banking system credit growth: India Ratings
May 5, 2022The surprise rate hike by the RBI signalling a reversal of the interest rate cycle will...
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Airtel Payments Bank appoints Manish Pandey as Chief Information Security Officer
May 5, 2022Airtel Payments Bank has appointed Manish Pandey as its new Chief Information Security Officer. Pandey will...
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RBI needs to tailor its actions in tune with dynamic global situation: Governor Das
April 22, 2022Reserve Bank will have to constantly re-assess the “dynamic and fast changing situation” and tailor its...
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Axis Bank buys Citi’s India retail business for Rs 12,325 cr
March 30, 2022US bank Citigroup on Wednesday announced sale of its Indian consumer banking businesses, including credit cards,...
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SIDBI acquires stake in ONDC to facilitate market access to MSMEs
March 27, 2022Small Industries Development Bank of India (SIDBI), the apex Financial Institution for financing and development of...
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RBI lifts all restrictions on HDFC Bank; permits new digital launches
March 12, 2022The RBI has lifted all restrictions on HDFC Bank, permitting it to launch new digital initiatives,...
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RBI bars Paytm Payments Bank from onboarding new customers
March 11, 2022The Reserve Bank of India has barred Vijay Shekhar Sharma-led Paytm Payments Bank Ltd from onboarding...
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RBI Guv Das launches UPI service for 40 cr feature phone users
March 8, 2022RBI Governor Shaktikanta Das on Tuesday launched a new service, which will enable over 40 crore...
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NABARD Chairman launches Bank on Wheels to enhance financial inclusion
March 4, 2022Dr. G.R. Chintala, the Chairman of NABARD , the development bank of the nation for fostering...
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Russian Ruble dives nearly 30% against dollar amid sanctions over Ukraine invasion
February 28, 2022Ruble, the Russian currency, has weakened and plunged as much as 30% against the dollar to...