SBI lowers minimum balance to Rs 3,000, exempts pensioners and minors
Public sector lender State Bank of India (SBI) has slashed the minimum average monthly balance (MAB) requirement for savings account…
26 SEP 2017
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RBI sets 10% investment limit for banks in deposit-taking NBFCs
Banking regulator Reserve Bank of India (RBI) has restricted banks from holding more than 10 per cent stake in a…
26 SEP 2017
m-Aadhaar surpasses 10 lakh downloads: Ravi Shankar Prasad
Exhibiting an account of massive growth, mobile app m-Aadhaar has surpassed 10 lakh downloads in just a span of two…
25 SEP 2017
Digital India: Finance Ministry to kick start Mudra camps from Varanasi
For boosting the level of digital literacy and enhancing the availability of self-employment opportunities, the Ministry of Finance is gearing…
25 SEP 2017
All banks to set up Aadhaar centres by September 30
Banks are rushing to set up Aadhaar enrollment and update centres as Unique Identification Authority of India’s (UIDAI) deadline of…
25 SEP 2017
RBI to regulate peer-to-peer lending firms
In a gazette notification issued by the Central Government, the Reserve Bank of India (RBI) said that all peer-to-peer lending…
21 SEP 2017
SBI Card customer base reaches 5 milion mark
The SBI Card’s cardholder base has increased to five million as over 1 million customers were added over the last…
19 SEP 2017
ADB, IndusInd Bank join hands to give finance to women borrowers
In a bid to create finance options for low-income women borrowers living in the rural areas, the Asian Development Bank…
19 SEP 2017
Legal & technological steps required to fight cyber financial frauds: Govt
Expressing concern over the rise in cyber frauds using cards and e-wallets in particular, the Ministry of Home Affairs has…
19 SEP 2017
Karnataka Vikas Grameen Bank digitises ten more villages
In sync with the “Digital India” initiative, the Karnataka Vikas Grameen Bank (KVGB) is digitising banks in rural areas. As…
19 SEP 2017
