RBI calls application for bill payment service operators
The Reserve Bank of India has invited applications from entities engaged in bill payments and desirous to operate as Bharat…
21 OCT 2015
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Jan Dhan deposits cross Rs. 25000 crore mark
Deposits in accounts opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY) have exceeded Rs. 25,000 crore which has come…
14 OCT 2015
Yes Bank gets RBI approval for setting up mutual fund
Yes Bank has received green signal from the Reserve Bank of India (RBI) to sponsor a Mutual Fund; setup a…
13 OCT 2015
Banking on cusp of change amid competition & innovation
With entry of new banks and technological advancement, the competition in the Indian banking sector has also intensified. The competition…
12 OCT 2015
RBI cuts repo rate to 6.75%
The Reserve Bank of India (RBI) cut its key lending rate—the repo rate— to 6.75 percent from 7.25 percent. This…
29 SEP 2015
Bankers’ views on changing landscape of banking system
The Reserve Bank of India (RBI), which has lowered the benchmark rate by 75 basis points so far this year…
21 SEP 2015
RBI issues 10 small bank licences
The Reserve Bank of India (RBI) has granted 10 entities in-principle licences to open small finance banks. The licence, which…
17 SEP 2015
RBI cancels Sahara India Financial Corporation’s NBFC registration
The Reserve Bank of India (RBI) has cancelled the certificate of registration of Sahara India Financial Corporation, a non-banking finance…
15 SEP 2015
Cabinet allows FDI route for white label ATMs
The Union Cabinet chaired by Prime Minister Narendra Modi has approved Foreign Direct Investment (FDI) up to 100 percent under…
14 SEP 2015
Tech in Banking: Win-Win for All:Hemendu Sinha
As technology makes way into the banking sector, LG offers its display screens to banks making communications with customers easier…
10 SEP 2015
