IBA demands RBI to extend NPA classification period from 180 days to 90 days
Indian Banks’ Association (IBA) has requested banking regulator Reserve Bank of India to extend the days of declaring Non-Performing Asset…
19 MAY 2020
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Bank of India appoints Uniken for its REL-ID technology
Bank of India has decided to extend Uniken’s REL-ID Secure Platform to secure its digital and mobile banking channels globally.…
19 MAY 2020
World economy to face tough revival from crisis: Reports
The world economy is likely to face tough recovery from the Covid-19 led crisis, suggested two reports recently. The reports…
19 MAY 2020
Kotak Mahindra Bank unveils Video KYC option for savings account on boarding
Private lender Kotak Mahindra Bank unveiled India’s first Video KYC facility for customer onboarding, five months after the banking regulator…
19 MAY 2020
NABARD releases Rs 20,500 crore to RRBs & Co-operative Banks
National Bank for Agriculture and Rural Development (NABARD) has released Rs 20,500 crore to co-operative banks and regional rural banks…
19 MAY 2020
Lockdown 4.0 guidelines on what’s open and what’s closed: Read Inside
India entered its first day of the fourth phase lockdown on Monday which happens to be different from the earlier…
18 MAY 2020
Fiscal impact of ‘Rs 20L crore package’ to be around Rs 1.50 lakh crore: Report
Stimulus 2.0 announced by Finance Minister Nirmala Sitharaman on Sunday will cost Rs 40,000 crore, taking the actual fiscal burden…
18 MAY 2020
Coronavirus Update: Nirmala Sitharaman raises states’ borrowing limit to 5% from 3%
The centre on Sunday raised the borrowing limit for the state governments to 5 percent from 3 percent, while making…
18 MAY 2020
Centre suspends Insolvency and Bankruptcy Code for 1 year
In a major development, the Finance Minister on Sunday announced that Insolvency and Bankruptcy Code will be suspended for one…
18 MAY 2020
Nirmala Sitharaman to address media at 4 PM on fourth tranche of economic package
Finance Minister Nirmala Sitharaman will be addressing a Press Conference in New Delhi today at 4 P.M. in a bid…
16 MAY 2020
