ADB will further strengthen partnership with India
An official with the Asian Development Bank (ADB) has said that the bank will increase its partnerships with India and support the country's development...
SBI DISHONOURS CHEQUE AFTER MISREADING KANNADA NUMERAL; FINED RS 85,000
The Dharwad District Consumer Grievance Redressal Forum fined a State Bank of India branch in Karnataka Rs. 85,177 after failing to recognize a Kannada...
RBI NEEDS TO SYNCHRONISE FISCAL POLICY, OTHER FACTORS TO HANDLE INFLATION: FINANCE MINISTER
The Minister of Finance Nirmala Sitharaman stated on Thursday that in order to stabilize the inflation rate, the Reserve Bank must be better coordinated...
ECB RAISES RATES BY UNPRECEDENTED 75 BASISPOINTS
A record 75 basis point rate increase was announced on Thursday by the European Central Bank in an effort to tame runaway inflation, even...
What is Digital Payments Index by RBI?
The RBI has constructed a composite Digital Payments Index (DPI) with March 2018 as the base period to capture the extent of digitization of...
A Quick Guide to PARVAZ Market Linkage Scheme – J&K
Jammu and Kashmir Government had launched a new and innovative Market Linkage Scheme recently, known as PARVAZ. The scheme is for the development of...
What you should know about SBI – Utsav Deposit Scheme?
SBI launched Utsav Deposit Scheme in 2009, during the Diwali festival, in collaboration with UTI (Unit Trust of India). This Scheme was meant to...
What is Unity Small Finance Bank – India’s truly Digital Bank
The fever of Digitalization is coming up very strongly in India. The beauty is that today most people are supporting and accepting digital transactions....
Public sector banks to open 316 branches in financial inclusion drive
In order to promote financial inclusion, Indian public sector banks plan to open approximately 300 physical branches by the end of 2022, according to...
Digital currency to bring down time, cost for cross-border transactions:RB’s Sankar
Based on a report released by the Bank for International Settlements, a digital currency backed by a central bank would reduce the time and...