Bharatiya Mahila Bank to merge with SBI from April 1
To ensure greater banking outreach to women, Bharatiya Mahila Bank (BMB) will soon merge with State Bank of India (SBI)…
22 MAR 2017
Finance Ministry
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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
‘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
Govt. to launch UPI enabled Aadhaar-linked e-payments app soon
Making way for the digital India dream, the central government will soon launch a mobile application to facilitate Aadhaar-linked digital…
19 DEC 2016
Govt to banks: Open accounts for the unbanked by Nov 30
In a bid to promote financial inclusion in the country, the government has asked all the private and public sector…
28 NOV 2016
Jan Dhan deposits register 30 times surge post demonetisation
Pradhan Mantri Jan Dhan Yojana accounts have registered 30 times surge in deposits post demonetisation. According to the sources, PMJDY…
24 NOV 2016
You might be marked with ink after exchanging old currency notes
To find a way out of the massive cash crunch prevailing in the country in the wake of demonetisaion of…
16 NOV 2016
Government goes back on policy of hiring private talent for public banks
The government has decided to go back on its policy of hiring honchos from the private sector to take charge…
27 OCT 2016
Data breach: Finance Ministry demands report in 10 days
The Reserve Bank of India (RBI) and various other agencies involved in the country’s largest banking security breach are taking…
24 OCT 2016
RBI Deputy Governor downplays money deposit issue
Terming the issue of banks depositing money to reduce the number of accounts with zero balances as a non criminal…
20 SEP 2016
