RBI’s report card on banking frauds in H1 of FY22

RBI’s report card on banking frauds in H1 of FY22

The number of fraud cases in banking operations has increased while its value has fallen during the ..

RBI supersedes Reliance Capital board amid defaults, governance concerns

RBI supersedes Reliance Capital board amid defaults, governance concerns

Another Anil Ambani-controlled company has tumbled down. The Reserve Bank of India (RBI) on Monday s..

ICICI Bank launches online platform for importers, exporters

ICICI Bank launches online platform for importers, exporters

ICICI Bank has launched Trade Emerge, an online platform to offer digital banking and value-added se..

Union Bank of India wins new laurels

Union Bank of India wins new laurels

Union Bank of India has won new laurels, ranking third amongst 12 public sector banks (PSBs) in EASE..

AU Small Finance Bank Q2 net down 13% amid rise in bad loans

AU Small Finance Bank Q2 net down 13% amid rise in bad loans

AU Small Finance Bank has posted 13% decline in net profit to Rs 279 crore for the fiscal second qua..

RBI extends Amitabh Chaudhry’s tenure as CEO of Axis Bank

RBI extends Amitabh Chaudhry’s tenure as CEO of Axis Bank

After extending the tenure of Sandeep Bakhshi as head of ICICI Bank, the Reserve Bank of India (RBI)..

RBI bans auditors Haribhakti & Co for 2 years

RBI bans auditors Haribhakti & Co for 2 years

The Reserve Bank of India (RBI) has banned chartered accountant firm Haribhakti & Co from audi..

PNB launches ‘6S Campaign’ to push outreach program

PNB launches ‘6S Campaign’ to push outreach program

Punjab National Bank (PNB), India’s second-largest public sector bank, has launched a ‘6S Campaign’ ..

Bank of Maharashtra launches digital lending platform for home and car buyers

Bank of Maharashtra launches digital lending platform for home and car buyers

State-owned Bank of Maharashtra has launched a digital lending platform for its home loan and car lo..

The rise in retail loan auctions

The rise in retail loan auctions

Auctions of retail loans are on a sharp rise at a level never seen before in India as non-banking fi..

Banks can sell fraud loans to ARCs: RBI

Banks can sell fraud loans to ARCs: RBI

The Reserve Bank of India (RBI) has allowed lenders to sell loans classified as fraud to asset recon..

RBI cautions against fraud in name of KYC updation

RBI cautions against fraud in name of KYC updation

The Reserve Bank of India (RBI) has cautioned bank customers against frauds in the name of KYC updat..

Federal Bank partners Visa to launch credit card

Federal Bank partners Visa to launch credit card

The card comes in three variants and is presently being offered to the bank’s existing customers. Na..

RBI may launch digital currency trial by Dec: Guv Shaktikanta Das

RBI may launch digital currency trial by Dec: Guv Shaktikanta Das

The RBI is working on phased introduction of a central bank digital currency (CBDC), which will be a..

RBI launches financial inclusion index

RBI launches financial inclusion index

The Reserve Bank of India (RBI) has introduced an index to measure financial inclusion in the countr..