The Government of India has officially implemented the amalgamation of 26 Regional Rural Banks (RRBs) across 11 states and Union Territories. This marks the fourth […]
Tag: financial inclusion
Ladakh and Lakshadweep to join India’s State Cooperative Banking framework
The Union Territories (UTs) of Ladakh and Lakshadweep will soon witness the establishment of their first apex State Cooperative Banks (StCBs), in a significant move […]
Bank of India opens 111 new branches to strengthen national footprint
In a significant move to bolster its national presence and enhance financial accessibility, Bank of India (BOI) has inaugurated 111 new branches across the country. […]
RBI raises small value loan ceiling for urban co-operative banks to Rs 3 crore per borrower
The Reserve Bank of India (RBI) has increased the small value loan ceiling for Urban Co-operative Banks (UCBs) to Rs 3 crore per borrower, enhancing […]
Digital Joint Liability Loans: A new dawn for Financial Inclusion
In a country where traditional banking often remains out of reach for many, a quiet revolution is taking shape—one that is redefining access to credit […]
Mastercard appoints Abhishek Lahiri as Vice President of Public Policy
Mastercard has announced the appointment of Abhishek Lahiri as its new Vice President of Public Policy for South Asia. Lahiri, with over 17 years of […]
How financial institutions can turn growing climate risks into opportunities for sustainable growth
The year 2025 presents an urgent call for financial institutions, investors and governments to navigate the growing economic risks of climate change. As extreme weather […]
Easebuzz secures RBI approval as online payment aggregator
Easebuzz, a full-stack payment solutions provider, has received final authorisation from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator (PA) […]
HDFC Bank launches Parivartan Smart-Up Grants with Rs 20 crore commitment
India’s private-sector bank, HDFC Bank, has launched the eighth edition of its Parivartan Start-Up Grants initiative, committing up to Rs 20 crore to support 50-60 […]
PhonePe to exit from Account Aggregator Business, surrenders NBFC-AA Licence
PhonePe Group has announced its decision to exit the Account Aggregator (AA) business and surrender its NBFC-AA licence to the Reserve Bank of India (RBI). […]