India’s love for cash prevails as ATM withdrawals report 22% surge in April
Cash withdrawals from ATM machines have reported a 22 per cent increase in April as compared to the last year’s…
20 JUN 2018
Reserve Bank of India
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Yes Bank clears reappointment of Rana Kapoor as MD and CEO
The shareholders of Yes Bank have approved a resolution to reappoint Rana Kapoor as the managing director and chief executive…
14 JUN 2018
NBFCs all set to adopt Indian Accounting Standards
Non-Banking Financial Companies (NBFCs) are going to adopt new Indian Accounting Standards (Ind-AS) from April 1, confirmed the Ministry of…
11 JUN 2018
IDBI’s M K Jain appointed as RBI Deputy Governor
The Centre appointed IDBI Bank’s Managing Director M K Jain as Reserve Bank of India’s new Deputy Governor, succeeding S…
04 JUN 2018
RBI appoints Sudha Balakrishnan as its first CFO
The Reserve Bank of India (RBI) has appointed National Securities Depository Limited (NSDL) executive Sudha Balakrishnan as its first ever…
28 MAY 2018
Government seeks revival plans from 11 PSBs by Friday
The Government has asked 11 public sector banks (PSBs) under the Reserve Bank of India’s prompt corrective action (PCA) framework…
23 MAY 2018
RBI modifies norms for setting up IFSC Banking Units
In a bid to set up International Financial Services Centres (IFSCs) Banking Units (IBUs), the Reserve Bank of India (RBI)…
18 MAY 2018
Bitcoin traders file petition in SC against RBI’s crypto order
A group of bitcoin traders has moved to the Supreme Court of India against the Reserve Bank of India’s order…
14 MAY 2018
RBI restricts Dena Bank from fresh credit exposure and staff recruitment
The Reserve Bank of India (RBI) has barred Dena Bank from fresh credit exposure and recruitment of new staff. The…
14 MAY 2018
Crypto exchanges partner against RBI’s order
In the wake of the recent restrictions imposed on the banks supporting any bitcoin-related transactions, cryptocurrency exchanges in India have…
12 MAY 2018
