The Reserve Bank of India (RBI) has released the report on “Trend and Progress of Banking in India 2022-23, showing the performance of the banking […]
Author: The Banker Media
RBI approves CS Rajan’s appointment as Kotak Mahindra Bank’s part-time Chairman
The Reserve Bank of India (RBI) yesterday approved CS Rajan’s appointment as the part-time Chairman for Kotak Mahindra Bank for a period of two years. […]
CCI approves acquisition stakes in Reliance Capital by IndusInd International
The Competition Commission of India (CCI) has approved the acquisition of the control/stake in Reliance Capital by IndusInd International Holdings. In a statement released yesterday, […]
RBI proposes to bring foreign correspondents
The Reserve Bank of India (RBI) has proposed to bring a new category of money changers, to be called foreign correspondents, who would conduct the […]
IIM Sirmaur partners with ITSA
The Indian Institute of Management (IIMS), Sirmaur has partnered with the International Tourism Studies Association (ITSA), United Kingdom (UK). The partnership has placed the institute […]
BoB raises Rs 2,500 crore via issuance of Basel III compliant tier-II bonds
Bank of Baroda has raised Rs 2,500 crore recently through the issuance of Basel III Compliant Tier II Bonds Series XXV. The bank received a […]
RBI introduces Card-on-File Tokenisation (CoFT) via banks
The Reserve Ban k of India (RBI) has introduced Card-on-File Tokenisation (CoFT) facility through banks. A recent circular from RBI read, “It has been […]
PFRDA permits NPS subscribers to deposit contributions via UPI QR code for D-Remit
The Pension Fund Regulatory and Development Authority (PFRDA) has now allowed National Pension System (NPS) subscribers to deposit their contributions through the Unified Payments Interface […]
HDFC Life and NKGSB Co-operative Bank enter into corporate tie-up
HDFC Life and NKGSB Co-operative Bank have entered into a corporate tie-up enabling NKGSB Co-operative Bank’s customers to avail life insurance products of HDFC Life, […]
Bank of Baroda launches ‘bob BRO’ savings account
Bank of Baroda has launched the ‘bob BRO’ savings account – a zero-balance savings account for students aged 16 to 25 years. The account provides […]