RBI comes out with four-tiered regulatory framework for urban cooperative banks
The Reserve Bank of India (RBI) on Thursday announced a four-tiered regulatory framework for categorisation of Urban Co-operative Banks (UCBs),...
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BFSI
Balaji Rajagopalan joins State Bank of India as Chief Technology Officer
B2B Infomedia would like to congratulate Mr. Balaji Rajagopalan for being appointed as Chief Technology Officer (CTO) at the State Bank of India. He...
Read moreStrong bank loan growth in FY23 despite higher interest rates: Fitch
Fitch Ratings on Monday said India's bank credit will see strong growth in current financial year despite effects of higher...
Read moreBank credit grows to 17.2 per cent in September, reveals RBI data
The Reserve Bank of India (RBI) on Monday released quarterly statistics on deposits and credit highlighting bank credit growth to...
Read moreRBI imposes Rs 1.25 crore penalty on Zoroastrian Co-operative Bank
The Reserve Bank of India has imposed a penalty of Rs 1.25 crore on Zoroastrian Co-operative Bank, Mumbai for non-compliance...
Read moreBattle for Reliance Nippon Life Insurance: Nippon top brass likely to visit India
The race for acquisition of Reliance Capital's 51 per cent stake in Reliance Nippon Life Insurance Co (RNLIC) is intensifying,...
Read moreIDBI Bank to continue as ‘Indian private sector bank’ post strategic sale
IDBI Bank will continue to operate as an 'Indian private sector bank' after its strategic sale and the government's residual...
Read moreNo PSU norms for IDBI Bank after stake sale, clarifies govt
New Delhi: The government has clarified that IDBI Bank will not be subject to the requirements applicable to a state-run...
Read moreCash is still king in rural India, UPI favourite in metros
While the surge in digital banking has made the withdrawal of money from ATMs a passe now, ATM makers like...
Read moreCanara Bank launches Electronic Bank Guarantee with NeSL
On its 117th Founder’s day, Canara Bank launched an Electronic Bank Guarantee (e-BG) in partnership with National E-Governance Services Limited...
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