RBI introduces new and improved Rs 50 currency notes
The Reserve Bank of India (RBI) has introduced a new Rs 50 denomination banknotes. This would be the third announcement…
21 AUG 2017
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Ensure customers’ locker safety: RBI to banks
The Reserve Bank of India (RBI) has directed the banks to avoid any negligence in terms of customers’ locker…
09 AUG 2017
Account number portability soon to be a reality!
Initiating better service standard and competition in the banking segment, the Reserve Bank of India (RBI) Governor SS Mundra has…
01 AUG 2017
Demonetisation grievances can’t be registered under banking ombudsman: RBI
Complaints pertaining to cash withdrawal and exchange of old notes faced post demonetisation cannot be entertained under the Banking Ombudsman…
10 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
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
Govt vigorously working towards bank consolidation: Arun Jaitley
The central government is “actively working” towards consolidation of banks, said Finance Minister Arun Jaitley, in a recent meeting with…
12 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 initiate account number portability soon
Reserve Bank of India (RBI) may soon launch a hassle-free portability option for the account holders across banks. With the…
30 MAY 2017
Centre assessing PSU banks’ recapitalisation needs
The government is re-assessing recapitalisation requirement of the State-owned banks reeling under stressed assets worth Rs 6 lakh crore with stricter…
09 MAY 2017
