Private sector banks were fined Rs 12.17 crore while public sector banks (PSBs) were levied penalties of Rs 3.65 crore, foreign banks...
The Pradhan Mantri MUDRA Yojana (PMMY) was introduced by the Narendra Modi government in 2015 to offer loans of up to 10...
After the Reserve Bank of India (RBI) revoked the operating license of the Urban Cooperative Bank, the rural Bank had to cease...
New Delhi: In a significant move to enhance the work-life balance for banking professionals, India’s banking sector, through the Indian Banks Association (IBA),...
Financial institutions may implement a rapid alert system for digital payment transactions exceeding Rs 5,000, according to sources in the Ministry of...
Imagine you are close to getting your first paycheck. You have worked hard and are excited to spend the money. However, the...
NEW DELHI: The government is considering deploying a series of measures to curb the growing menace of cyber frauds in the financial...
Earlier, the All India Bank Employees’ Association (AIBEA) had called for a 6-day nationwide strike in December, affecting different banks on different...
New Delhi: Bank branches will remain closed numerous days in the month of December owing to bank strike and bank holidays. However,...
India has been trying to promote rupee trade following the Russia-Ukraine war and the sanctions imposed by the West The Reserve Bank...