The Reserve Bank of India (RBI) has named Poonam Gupta as the new Deputy Governor. She is a well-known economist and Director General (DG) of […]
Category: BFSI
Federal Bank collaborates with NPCI and Visa to launch Fed StarBiz
Federal Bank has launched its latest credit card product, Fed StarBiz, specifically for business customers. Designed in collaboration with the National Payments Corporation of India […]
Hitachi Cash Management Services appoints Yusuf Pachmariwala as MD and CEO
Hitachi Payment Services has appointed Yusuf Pachmariwala as the Managing Director (MD) and Chief Executive Officer (CEO) of its subsidiary, Hitachi Cash Management Services (CMS), […]
MobiKwik enters stock broking with new subsidiary
MobiKwik has entered the securities broking business by establishing its wholly-owned subsidiary, MobiKwik Securities Broking. The move is to diversify MobiKwik’s financial services business beyond […]
NPCI’s new UPI guidelines to be effective from 1st April, 2025
The National Payments Corporation of India (NPCI) is about to implement new guidelines for Unified Payments Interface (UPI) transactions from 1st April, 2025, to enhance […]
Bank of Baroda launches Baroda mDigiNext mobile app
Bank of Baroda has launched Baroda mDigiNext mobile app, a cash management services app for the bank’s corporate customers using Baroda Cash Management Services (BCMS). […]
RBI unveils revised Priority Sector Lending (PSL) guidelines to strengthen credit flow
The Reserve Bank of India (RBI) has introduced updated guidelines for Priority Sector Lending (PSL) aimed at improving credit accessibility for key sectors of the […]
Kotak Mahindra Bank appoints Bhavnish Lathia as new CTO
Kotak Mahindra Bank has recently announced the appointment of Bhavnish Lathia as its new Chief Technology Officer (CTO), following the resignation of Milind Nagnur, who […]
RBI approves budget for FY 2025-26, signals shift in monetary policy
The Reserve Bank of India’s (RBI) central board has sanctioned the budget for the financial year 2025-26, setting the course for the institution’s key priorities […]
HSBC appoints Prateek Kumar as Senior Vice President—Asset Analytics
HSBC has appointed Prateek Kumar as the Senior Vice President (VP)—Asset Analytics, leveraging his extensive expertise in retail banking, credit cards, risk management and analytics […]