RBI introduces AI-driven MuleHunter.ai to Combat Digital Fraud and Mule Accounts
The Reserve Bank of India (RBI) has unveiled MuleHunter.ai, a cutting-edge artificial intelligence model designed to tackle the rising menace…
06 DEC 2024
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Reserve Bank of India (RBI)
RBI Approves Canara Bank’s Stake Sale in Mutual Fund, Insurance Subsidiaries via IPO
The Reserve Bank of India (RBI) has granted approval to Canara Bank for divesting stakes in its mutual fund and…
06 DEC 2024
RBI Enhances UPI Lite Limits to Boost Offline Digital Payments
The Reserve Bank of India (RBI) has raised the UPI Lite wallet limit to ₹5,000 and the per-transaction limit to…
05 DEC 2024
Towards A Better Financial Tomorrow
The financial sector continues to exhibit strong health, reflecting its resilience and robustness. While recent observations have highlighted potential stress…
30 NOV 2024
RBI Governor Shaktikanta Das Keeps Repo Rate Steady at 6.5%; Stance Shifts to ‘Neutral’
The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) has decided to maintain the repo rate at 6.5%, opting…
09 OCT 2024
RBI Approves Re-appointment of V Vaidyanathan as IDFC First Bank’s MD & CEO
The Reserve Bank of India (RBI) has given its nod for the re-appointment of V Vaidyanathan as the Managing Director…
20 SEP 2024
Jio Financial Services Increases Stake in Jio Payments Bank to 82.17% with Rs 68 Cr Investment
Jio Financial Services Ltd. (JFS) has recently raised its stake in Jio Payments Bank Ltd. (JPBL) from 78.95% to 82.17%.…
28 AUG 2024
RBI Governor Shaktikanta Das Unveils Unified Lending Interface Set to Revolutionise Credit Delivery
The Reserve Bank of India (RBI) Governor Shaktikanta Das recently announced the launch of the Unified Lending Interface (ULI) in…
26 AUG 2024
SBI Raises MCLR by 10 Basis Points Across All Tenors
The State Bank of India (SBI), the nation’s largest state-run lender, has increased its marginal cost of funds-based lending rate…
16 AUG 2024
NBFCs’ Stronghold: The Factors Behind Their Consistent Market Share Amid Bank Competition
Non-Banking Financial Companies (NBFCs) have cemented their place in India’s financial ecosystem, maintaining a steady market share despite the formidable…
15 JUL 2024
