Viral V Acharya named as the new RBI Deputy Governor
In a recent move, the central Government today appointed Viral V Acharya as the new Deputy Governor of Reserve Bank…
28 DEC 2016
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Maharashtra village, Sangli, adopted for Digital Transactions by Bank of Maharashtra
Pune based financial institution, Bank of Maharashtra has helped in transformation of the village of Malangaon of Sangli district into…
28 DEC 2016
Demonetisation: FM Arun Jaitley meets bank chiefs to discuss issues
To take a stock of the demonetisation drive, Union Finance Minister Arun Jaitley recently met chiefs of Indian Banks’ Association…
27 DEC 2016
IDFC Bank introduces Aadhaar synced cashless merchant solution
Getting one step closer to digitisation, private lender IDFC Bank recently announced the nation-wide launch of Aadhaar-linked cashless merchant solution…
26 DEC 2016
Cabinet gives nod to ordinance for enabling cashless industry wage pay
In a move to promote cashless transactions, Union cabinet recently approved the draft ordinance that will allow the industries to…
21 DEC 2016
RBI takes U-turn, revokes Rs 5000 deposit limit for all KYC accounts
After facing severe flak for its controversial rule on cash deposit restrictions, Reserve Bank of India (RBI) reverses the limit…
21 DEC 2016
India outshines Britain, becomes world’s sixth-largest economy
India has surpassed United Kingdom to become world’s sixth-largest economy in terms of Gross Development Product (GDP) says the recent…
21 DEC 2016
300 District co-op banks come under ED’s scanner for deposit discrepancies
Acting against Reserve Bank of India’s (RBI) alert on sudden surge in deposits in co-operative banks, the Enforcement Directorate (ED)…
21 DEC 2016
‘Over Rs.5000 in old notes to be deposited only once before Dec 30’
Finance Ministry and the Reserve Bank of India (RBI) have directed cash deposits exceeding Rs 5,000 in old notes can…
20 DEC 2016
NITI Aayog promotes e-payments, launches two new schemes for customers
The Central Government recently launched two schemes for consumers and merchants as part of its initiatives to encourage use of…
19 DEC 2016
