Govet surplus cash balance reckoned for auction stands at Rs 75,457 cr
The government’s surplus cash bank balance reckoned for auction with Reserve Bank of India (RBI) stands at 754.57 billion rupees…
08 APR 2015
RBI
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RuPay cards of all PSBs now e-commerce enabled
The National Payments Corporation of India (NPCI) has completed system integrations to enable e-commerce transactions through RuPay cards of the…
08 APR 2015
Concrete targets for financial inclusion are needed: PM
Prime Minister Narendra Modi urged the Reserve Bank of India (RBI) to encourage financial institutions to set concrete targets for…
06 APR 2015
RBI imposes Rs 5 lakh fine on 16 banks for violation of norms
The Reserve Bank has imposed a fine of Rs 5 lakh each on 16 central cooperative banks for non-adherence of…
01 APR 2015
RBI adopts Basel III standards for capital, liquidity
The Reserve Bank of India (RBI) has announced amendments to regulations on capital adequacy and liquidity for lenders operating in…
01 APR 2015
Kotak Mahindra-ING Vysya merger gets RBI approval
The Reserve Bank of India (RBI) has given the green signal to the merger deal between Kotak Mahindra Bank and…
01 APR 2015
RBI wants non-bank finance companies to seek prior nod before any takeover
Tightening its grip on non-banking finance companies (NBFCs), the Reserve Bank of India (RBI) has proposed to regulate the change…
31 MAR 2015
Private banks to hike fines, charges from April 1
Many private banks, including HDFC Bank, ICICI Bank, Axis Bank and Kotak Mahindra Bank, have announced a hike in charges…
23 MAR 2015
RBI eases norms for home loans for up to Rs 10 lakh
The Reserve Bank of India (RBI) has eased the norms for home loans for up to Rs 10 lakh by…
09 MAR 2015
ItzCash commits Rs 100cr investment for payment bank foray
ItzCash, India’s leading payment solutions Company has announced the capital infusion of Rs 100 corer by its promoter Ashok Goel…
20 FEB 2015
