Report fraud in 3 days to avoid losses: RBI
In a bid to protect the customers from the menace of financial losses due to frauds, the Reserve Bank of…
06 JUL 2017
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S Ganesh Kumar appointed as RBI’s new Executive Director
The Reserve Bank of India (RBI) has appointed S Ganesh Kumar as its new Executive Director (ED) post the voluntary…
04 JUL 2017
Centre to resume plan for 3-tier banking system
For enabling three-tier banking system in India, the central government is likely to revisit the nearly two-decade old Narasimham Committee’s…
26 JUN 2017
GST will reduce overall tax burden gradually: RBI Governor
The soon-to-be implemented Goods and Services Tax (GST) will not just create a national market but will also expand the…
23 JUN 2017
Fino Payments Bank board gets RBI final nod
Payments Bank licensee Fino Paytech has received approval for the formation of its nine members Board of its Fino…
22 JUN 2017
Impact of note ban on the economy to continue: State Bank of India
Expressing its concern over the adverse effects of demonetisation drive announced in November 2016, public sector lender State Bank of…
12 JUN 2017
Axis Bank plans to ensure financial literacy to 80,000 people in 24 villages
Private lender Axis Bank has initiated ‘Digi-Prayas’ to ensure financial literacy to about 80000 people across the country.This initiative aims…
09 JUN 2017
RBI to limit liability norms for fraud-hit consumers
In its efforts to establish a safety net against the fraudulent activities, the Reserve Bank of India (RBI) will soon…
01 JUN 2017
RBI directs banks to appoint CFOs, CTOs
In sync with the rapid changes in the banking sector, the Reserve Bank of India (RBI) has urged the banks…
19 MAY 2017
RBI issues new norms for branch expansion
In a bid to promote financial inclusion, the Reserve Bank of India (RBI) has allowed the opening of mini branches…
18 MAY 2017
