The payment narrative has changed globally in the last few years, particularly in the Indian landscape. The Government of India, along with the central regulatory body, […]
Tag: rbi
SBI seeks buyers for its Rs 96,000 crore distressed loans
State Bank of India intends to sell over Rs 96000 crore distressed loans to asset reconstruction companies in a fresh attempt to clean its books. […]
Oracle conducted Financial Services Innovation Exchange to strengthen the Urban Cooperative Banks
B2B Infomedia in association with Oracle has organized Financial Services Innovation Exchange on 26th July 2023, Mumbai focusing Urban Co-operative Banks. The theme of the […]
Bank of Baroda, DBS Bank and Karur Vysya Bank likely to sell their cumulative stake of just over 30% to Canara Bank
Bank of Baroda, DBS Bank and Karur Vysya Bank are likely to sell their cumulative stake of just over 30% in Canbank Computer Services to […]
RBI permits banks to open vostro accounts from 22 countries for trade in rupee
The Reserve Bank has permitted 20 banks operating in the country to open 92 Special Rupee Vostro Accounts (SRVAs) of partner banks from 22 countries […]
Banks told to alert customers on frauds related to Mudra loans
The government has asked banks to keep vigil and inform their customers of fraud in Mudra loans. The directive follows multiple instances of frauds related […]
Domestic banks lure techies from top tech companies
Domestic Indian banks, which have fast tracked their efforts to enhance their digital capabilities, are luring top-notch tech talent from leading new age companies and […]
‘Foreign banks’ exposure to trades in long-term bonds not a concern’
The Reserve Bank of India (RBI) has been regularly reviewing the burgeoning bond-derivative trades between banks and insurance companies, and does not see any major […]
PSU banks in real danger of privatisation, says AIBOC
All India Bank Officers’ Confederation (AIBOC), the apex body of bank officers in the country, on Tuesday said state-run lenders are in “real danger of […]
Government asks banks to issue mobility-enabled cards
The government has asked banks to ensure that all new cards and reissues of old cards have the National Common Mobility Card (NCMC) as a […]