Industry body IBA (Indian Bank association) has invited bids from advisory firms and institutes to design and deliver a leadership development programme for public sector banks (PSBs) to prepare a pipeline of...
DBS Bank India Ltd. has acquired a 9.9% stake in Svakarma Finance.
Svakarma Finance is a non-deposit-taking, non-Banking Finance company.
DBS Bank aims to deliver financial solutions to micro-enterprises through direct lending...
The Finance Ministry reviewed the operations of all the public sector banks (PSBs) for FY22 on Monday.
The Finance Ministry deeply observed the implementation status of various government-sponsored financial inclusion, MSME, and agricultural...
The RBI has lifted the 11-month ban on the issue of new cards by MasterCard. It was initially proposed due to the compromised regulatory compliances on data storage guidelines.
The RBi...
The Allahabad High Court recently rejected the transfer order of a Central Bank of India employee as his wife is permanently disabled with 100% disability.
The bench of Justice Rajesh Singh Chauhan...
On Tuesday, the World Bank cut down India's Economic Growth Forecast for FY23 to 7.5%.
The World Bank mentioned the reason for such a massive drop as rising inflation, disruptions in the supply...
Vijay Kumar, branch manager with Ellaquai Dehati Bank (EBD), was shot dead by the militants at Areah Mohanpora on Thursday in Kashmir's Kulgam district.
Vijay Kumar is a resident of Hanumangarh, Rajasthan....
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 Mumbai.
The RBI said that the five NBFCs have...
Public Sector Banks (PSB) are those banks where more than 50% of shares are held by the Ministry of finance Of the Government of India. Public Sector Banks play an important role...
The Reserve Bank of India (RBI) has ordered all the banks to provide an Interoperable Cardless Cash Withdrawal (ICCW) system in their ATMs.
In accordance with the RBI's notification dated May 19, 2022,...
