Banking

The Reserve Bank of India (RBI) has brought a new Resolution time table for stressed assets under which banks have to start Resolution Plan...

The Reserve Bank of India has warned banks to address big NPAs or face procedures under the new Insolvency and Bankruptcy Code on these...

The merger of five state bank associates with the SBI has made the latter as the only state bank. A passionate nationalist may...

The ace digital payment app- Bharat Interface for Money has seen a record 17 million installations so far according to NITI Ayog. This is...

Financial sector disruptor, Vijay Shekhar Sharma’s Paytm has got the approval to launch its payment bank business. The digital payment leader is expected to...

Government and the RBI are working hard to promote cashless transactions in the economy. Several incentives are declared to maximize the cash constraint situation...

Post demonetization, the country’s Jan Dhan Yojana account’s deposits have gone up from Rs 45636 crore to Rs 66366 crores.  JDY as the basic...

The banking industry in the country’s tiny shock from the debit card data breach may initiate bank initiated data protection measures according to the...

Executive Board of the nation’s largest banker –State Bank of India has approved the merger of its five associates bank with it. The merger proposal...

Financial sector super regulator -Financial Stability and Development Council (FSDC) in its just concluded meeting has discussed forming of a platform to enlarge the...