RBI hikes repo rate by 40 bps to 4.40%
The Monetary Policy Committee (MPC) of the RBI on Monday voted to increase repo rate by 40 basis points to…
04 MAY 2022
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RBI Gives Nod for Appointment of Rajiv Ranjan as MPC Ex-Officio Member
The central board of the Reserve Bank of India (RBI) approved the appointment of executive director Rajiv Ranjan as an…
03 MAY 2022
Bank of Baroda Cuts Interest Rate on Car Loans to 7%
Bank of Baroda, one of India’s leading public sector bank, announced a 25 basis points (bps) reduction in its car…
03 MAY 2022
HDFC Raises Lending Rates by 5 bps for Existing Customers
Housing Development Finance Corporation (HDFC) on Sunday raised its benchmark lending rate by 5 basis point, pushing EMIs for the…
02 MAY 2022
Sebi Revises Operational Guidelines for FPIs, Depository Participants
The Securities and Exchange Board of India (Sebi) modified operational guidelines for the designated depository participant (DDP) and foreign portfolio…
02 MAY 2022
FidyPay partners with Yes Bank to bring better financial inclusion
FidyPay, a fintech API platform, partnered with Yes Bank to push financial inclusion. The partnership will facilitate a seamless linked…
29 APR 2022
ICICI Bank launches ‘open-for-all’ digital ecosystem for MSMEs
ICICI Bank has launched India’s first comprehensive digital ecosystem for all Micro, Small and Medium Enterprises (MSMEs) in the country,…
29 APR 2022
IFSCA issues new framework for FinTech entity
The government-controlled International Financial Services Centres Authority (IFSCA) issued a framework for fintech entities across the spectrum of banking, insurance, securities,…
28 APR 2022
Cabinet clears additional funding of Rs 820 crore for India Post Payments Bank
The Union Cabinet on Wednesday approved additional funding of Rs 820 crore for India Post Payments Bank (IPPB) to help…
28 APR 2022
Global financial institution BNY Mellon unveils new Chennai capability centre
BNY Mellon, a global financial institution, on Tuesday unveiled a new office in Chennai’s Embassy Splendid TechZone, taking the company’s…
27 APR 2022
