Property Auction by Banks in India – IBAPI (a common platform)

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It was quite difficult to search for Banks Property Auction online by login each Bank's website. This was very time consuming and was also...

RBI breathes life into Central Bank of India, recalls monitoring

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In a statement on September 20, the Reserve Bank of India announced that it had removed the Central Bank of India from the so-called...
RBI Fines PhonePe ₹21 Lakh for Violating PPI Norms

RBI Fines PhonePe ₹21 Lakh for Violating PPI Norms

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The Reserve Bank of India (RBI) recently imposed a penalty of ₹21 lakh on PhonePe for breaking certain rules related to digital wallets (also...
bank to remain operational from march 29 to march 31

Despite Being Eid-Ul-Fitar, Banks To Remain Operational From March 29 to March 31

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In circular issued on Monday, RBI said that banks will be operational for a special cheque-clearing session till 31st March, 2025. Since March 30...

Highlights of Union Budget 2018

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Today, 01 February 2018, the Finance Minister of India, Mr. Arun Jaitley presented the Union Budget for the fiscal year 2018-19 in the parliament. The...

RBI will convene the MPC meeting, On November 3

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On November 3, the Reserve Bank called a special meeting of the Monetary Policy Committee to discuss its failure to keep retail inflation below...

RBI bans 5 NBFCs in e-lender crackdown

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RBI has canceled the Certificate of Registration of five Non-Banking Finance Companies (NBFCs). This happened during a major crackdown on digital lending irregularities in...
Domestic deposits

A hike in FD rates of the Canara Bank by up to 25 basis...

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State-owned Canara Bank on Tuesday escalated the interest rates on FD (fixed deposits) throughout numerous maturities through up to twenty-five basis points. It equals...

Carlyle and Advent close in on $1 billion stake in Yes Bank

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The effort by Yes Bank to enlist Carlyle and Advent as equity investors for roughly $1 billion has picked up steam, following the proposed...
Kerela High Court

Kerala High Court Rejects Bank Retirees’ Plea for GST Exemption on Health Insurance

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Many retired bank employees had gone to the Kerala High Court asking for GST (tax) to be removed from the health insurance premium they...