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...
An NBFC or non-banking financial company is an organization that provides financial services but does not take deposits from the public or provide other kinds of loans, such as mortgage loans like...
After the concept of Bank Nationalisation was conceptualized by Indira Gandhi in 1969, bank privatisation took place under PV Narasimha Rao's government in 1991, with Yes Bank and Kotak Mahindra Bank being...
Public sector banks would not be privatised, said Union Minister of State for Finance Bhagwat Karad while addressing media persons here today. In order to provide better services, he said that several...
Naveen Patnaik, the chief minister of Odisha, inaugurated the ICICI bank's state-of-the-art phone banking center on Tuesday.
Approximately 1,200 individuals will be employed by the center, most of whom are from the state...
