RBI 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...
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BFSI
Battle 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...
Read moreAirtel Payments Bank launches face authentication for savings bank accounts
Airtel payments bank has launched face authentication-based savings account opening for customers, becoming the first payments bank to offer the...
Read moreNBFCs’ asset base scales past Rs 54 lakh crore: MoS Finance
The asset base of non-banking financial companies has scaled past Rs 54 lakh crore as of March 2022, constituting almost...
Read moreICICI Bank launches new products for NRIs at its GIFT City branch
ICICI Bank launched two new products- Loan against Deposits (LAD) and Dollar Bonds for its NRI customers at its branch...
Read moreTest drive over, HDFC Bank plans to go big on EV loans
HDFC Bank is aiming to treble its lending to electric vehicle (EV) purchases in three years after an early test...
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