The fever of Digitalization is coming up very strongly in India. The beauty is that today most people are supporting and accepting digital transactions.
The fresh wave of the Digital Era has...
National Credit Guarantee Trustee Company Limited (NCGTC) is a private company under the Companies Act 1956. The Department of Financial Services established it. It is a company that the Government of India...
In order to promote financial inclusion, Indian public sector banks plan to open approximately 300 physical branches by the end of 2022, according to PTI via Money Control.
"The new branches will...
Based on a report released by the Bank for International Settlements, a digital currency backed by a central bank would reduce the time and costs associated with making cross-border payments greatly.
The RBI...
In order to make priority sector lending a profitable business, Axis Bank, India's third largest private sector lender, plans to grow its PSL book systematically.
Munish Sharda, head of the bank’s Bharti banking...
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)...
