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Banks want easier norms for relaxation on loan-restructuring guidelines for MSMEs
January 9, 2022Banks are well-capitalized but are seeking easier norms from the Reserve Bank of India for relaxation...
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RBI allows digital payments without internet, caps upper limit at Rs 200
January 4, 2022To push digital transactions in rural and semi-urban areas, the Reserve Bank of India (RBI) on...
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UPI achieves record high 456 cr transactions in December 2021
January 2, 2022The Unified Payments Interface (UPI) achieved a record high of 456 crores transactions in December 2021....
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Merged PSBs more risky than unmerged banks: RBI
December 31, 2021The Reserve Bank of India, in an analysis, says merged public sector banks (PSBs) are riskier...
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Santander accidentally deposits over $170 million into people’s accounts
December 31, 2021An European bank Santander “accidentally” deposited $176 million across 75,000 transactions on Christmas Day. This fumble...
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Banks need to strengthen corporate governance and risk management: RBI
December 28, 2021The banking sector needs to strengthen corporate governance and risk management practices to deal with uncertainties...
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RBI defers implementation of tokenization by another 6 months
December 23, 2021The Reserve Bank of India has given breathing space to businesses as it has deferred the...
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Banks recovered over Rs 13,000 crore from asset sale of fugitives: Finance Minister
December 21, 2021Banks have recovered over Rs 13,000 crore from asset sale of fugitives including Vijay Mallya, Nirav...
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Plea before Delhi HC for Rs 50 coins for visually impaired
December 18, 2021A plea has been filed in the Delhi High Court to direct the government and the...
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Bank employees take protest over privatization to social media
December 18, 2021The young employees of Government banks have taken the protest over privatization to social media to...