Search For "bank of india"
IDEMIA Secure Transactions enters USD 1.2 bn Hardware Security Module mark
Updated : 2 months, 1 week ago IST
The new system is designed to address post-quantum migration and evolving regulatory requirements, including the Indian IT Act and Reserve Bank of India cybersecurity guidelines.
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No stay on Union Bank action, but Delhi HC questions show-cause notice to
Updated : 2 months, 1 week ago IST
The Delhi High Court on Monday refused to stay the show-cause proceedings initiated by Union Bank of India against Jai Anmol Ambani, but expressed its serious doubts about the rationale behind the bank's move in the backdrop of the completed insolvency process of Reliance Home Finance Ltd
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Retail inflation stands at 1.33% in December, remains below RBI's medium-t
Updated : 2 months, 1 week ago IST
Headline inflation in December 2025 increased by 62 basis points relative to November 2025. Inflation remained below the Reserve Bank of India's medium-term target of 4% for the 11th straight month.
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Unsecure lending by banks surge to Rs 46.9 lakh crore, raising risk sensit
Updated : 2 months, 1 week ago IST
Unsecured lending by banks in the country has witnessed a sharp rise over the last two decades, increasing concerns around risk sensitivity, according to a report by the State Bank of India (SBI).
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Indian banks see exponential growth in deposits and loans since FY05: SBI
Updated : 2 months, 1 week ago IST
The banking system in the country has recorded a robust expansion over the last two decades, with total deposits and advances rising sharply, highlighting the growing scale and depth of financial intermediation in the country, according to a report by the State Bank of India (SBI).
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India forex reserves fall sharp $9.8 billion in week that ended Jan 2
Updated : 2 months, 1 week ago IST
India's foreign exchange reserves dropped sharply, by USD 9.809 billion in the week that ended January 2 to USD 686.801 billion, driven by a slump in both gold reserves and foreign currency assets, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed.
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PayG Secures RBI Approval for Offline and Cross-Border Payment Aggregation
Updated : 2 months, 1 week ago IST
Hyderabad (Telangana) [India], January 10: PayG, a leading homegrown payment gateway, is proud to announce that it has received approval from the Reserve Bank of India (RBI) to operate as an Offline and Cross-Border Payment Aggregator. With this approval, PayG has completed its full suite of
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India's FY26 GDP growth may exceed NSO estimate after base year revision:
Updated : 2 months, 1 week ago IST
The domestic GDP growth for FY26 is likely to be higher than the National Statistical Office's (NSO) current estimate once the government releases the new base year, highlighted a report by State Bank of India (SBI).
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Select Committee on Jan Vishwas bill to give report in budget session of P
Updated : 2 months, 1 week ago IST
The Select Committee on Jan Vishwas (Amendment of Provisions) Bill, 2025 interacted with representatives of Department of Commerce, Department of Financial Services and of Reserve Bank of India on Wednesday as part of its deliberations to systematically decriminalise minor offences across
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Delhi HC issues notice on PIL alleging privacy violations by digital lendi
Updated : 2 months, 1 week ago IST
The Delhi High Court on Wednesday issued notice on a Public Interest Litigation (PIL) seeking coercive action against Regulated Entities (REs), Non-Banking Financial Companies (NBFCs) and Lending Service Providers (LSPs operating digital lending applications), allegedly found to be in bre
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RBI proposes raising bank dividend payout cap to 75% of net profit
Updated : 2 months, 1 week ago IST
The Reserve Bank of India (RBI) proposes to raise the dividend payout cap for banks to 75 per cent of net profit from the earlier limit of 40 per cent.
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RBI invites comments on draft rules for dividend payout by banks
Updated : 2 months, 1 week ago IST
The Reserve Bank of India (RBI) has invited public comments on the draft "Reserve Bank of India (Prudential Norms on Dividend and Remittance of Profit) Directions, 2026", proposing a revised framework for declaration of dividends and remittance of profits by banks.
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