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
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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
Aircel plans to approach RBI for Payments Bank licence
Telecom giant Aircel plans to approach the Reserve Bank of India (RBI) for a payment bank licence, post completing its…
19 APR 2017
Digital payments made through UPI surge: RBI
The digital payments made through Unified Payments Interface (UPI) have reported a visible increase post demonetisation period, says the Reserve…
06 APR 2017
Aditya Birla Group bags RBI nod for its Payments Bank
Aditya Birla Idea Payments Bank has received the final licence from the Reserve Bank of India (RBI) to set up…
05 APR 2017
All banks to remain closed on April 1: RBI
The Reserve Bank of India (RBI) has announced that all the bank branches dealing in government businesses will remain closed…
29 MAR 2017
