The Reserve Bank of India (RBI) has ordered the Regulated Entities (REs) to release all documents within 30 days of loan repayment. The direction shall […]
Category: BFSI
Aditya Birla Sun Life Insurance and Artivatic.ai launch AI-based smart underwriting platform
Aditya Birla Sun Life Insurance (ABSLI) has unveiled an Artificial Intelligence (AI)/Machine Learning (ML)-driven underwriting platform in partnership with Artivatic.ai, an insurtech company and a […]
India and UK hold 12th Economic and Financial Dialogue
The 12th Round of Ministerial India-UK Economic and Financial Dialogue (RFD) was held in New Delhi yesterday. While the Indian delegation was led by Nirmala […]
Union Bank of India introduces two new debit cards
The Union Bank of India has introduced two new debit card variants comprising a range of benefits and features. The cards have been designed to […]
REC Limited signs $100 million foreign currency term loan agreement with EXIM Bank
REC Limited has signed a foreign currency term loan agreement for $100 million with Export Import Bank of India (EXIM Bank). The proceeds of the […]
Global cooperation and collaboration essential for sustainable financial ecosystem: Union Finance Minister
The Global Fintech Festival (GFF) 2023 opened in Mumbai with an inaugural address by Union Finance Minister Nirmala Sitharaman, wherein she called for global cooperation […]
Hitachi Payment Services launches first-ever UPI ATM at GFF 2023
Hitachi Payment Services has launched India’s first-ever UPI-ATM as a White Label ATM (WLA), in association with National Payments Corporation of India (NPCI), offering secure […]
Kotak Mahindra Bank: MD and CEO Uday Kotak resigns
Kotak Mahindra Managing Director (MD) and Chief Executive Officer (CEO) Uday Kotak has stepped down from his position with effect from 1st September, 2023 on […]
UPI surpasses 10 billion transactions in August
The Union Payments Interface (UPI) has surpassed 10 million transactions in the month of August 2023. The National Payments Corporation of India took to X […]
RBI Governor rated ‘A+’ in Global Finance Central Banker Report Cards 2023
The Global Finance Central Banker Report Cards 2023 has rated RBI Governor Shaktikanta Das as ‘A+’ among three central bank governors. The other two governors […]