As per RBI's announcement on Friday, regulated entities involved in credit delivery through digital lending have until November 30 to comply with the new lending standards.
It was clarified in a notification by...
The Reserve Bank of India (RBI) is in consultation with a number of fintech companies and is reported to have asked four public sector banks to run a pilot project for Central...
The three-day initial public offering (IPO) of Tamilnad Mercantile Bank will open for public subscription next week on Monday, September 5, 2022 and conclude on Wednesday, September 7. The Tuticorin-based private sector...
Loss-making state-owned telecom firm MTNL has defaulted on an interest payment of Rs 35.15 crore to Union Bank of India, which was due to be paid in July, the company said in...
The Reserve Bank of India has imposed a penalty on Mehsana Urban Co-operative Bank for non-compliance with certain provisions of the Reserve Bank of India (Co-operative Banks - Interest Rate on Deposits)...
The India Post Payment Bank was launched on September 1, 2018, by PM Narendra Modi. It is a bank that aims at making banking services available at people’s doorstep. Indian Post Payment...
CoinSwitch has launched the Crypto Rupee Index (CRE8). It is India’s first benchmark index to measure the performance of the Indian Rupee-based crypto market.
It is owned and administered by CoinSwitch. CRE8 tracks...
First time since 1918, Russia has defaulted on its foreign debt. This has been hailed as proof that Western governments' financial sanctions are working on Russia.
A 30-day grace period on US$100 million...
ATM stands for Automated Teller Machine. The ATM has served its purpose for billions of people worldwide. Be it a function or an emergency, a nearby ATM has come to help in...
Every sector in this world is drastically improving with the internet, social media, technology, and many other instruments like the above. The advancement is not limited to the IT sector, but it...
