Banks have ceded UPI space to nonbanking sector: RBI Dy Guv
Banks have ceded the unified payments interface space to non-banks, Reserve Bank of India deputy governor T Rabi Sankar has...
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BFSI
Sanjay Singh elevated as BNP Paribas’ head of India territory
BNP Paribas said it has promoted Sanjay Singh to head of India territory with effect from January 1. Singh, who...
Read moreCanara Bank wins Banker’s Bank of the Year Award 2022 for India at Global Banking Summit
Canara Bank on Friday announced that it received the “Banker’s Bank of the Year Award 2022” for the India segment...
Read moreRBI cautions banks against frauds in accounts linked to direct benefit transfer
he Reserve Bank of India (RBI) has cautioned banks against increasing instances of fraud in accounts linked to the government's...
Read moreShare of loans to industry sector in bank credit declines to 25 per cent
With increase in borrowings by the manufacturing firms, the share of loans to the industry sector in bank credit has...
Read moreBranches of Indian banks in overseas can deal in financial products not permitted in domestic market
The Reserve Bank on Thursday allowed with certain riders foreign branches and subsidiaries of Indian banks to deal in financial...
Read moreRBI 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),...
Read moreBalaji 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...
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