Search For "bank of india"
NPCI International to support Namibia develop instant payment system like
Updated : 2 years, 2 months ago IST
A key emphasis of the Indian government has been on ensuring that the benefits of UPI are not limited to India only; other countries, too, benefit from it. So far, Sri Lanka, Mauritius, France, UAE, and Singapore, among others, have partnered or intending to partner with India on emerging fi
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Fitistan brings India's biggest tribute for Kargil Heroes
Updated : 2 years, 2 months ago IST
New Delhi [India], May 1: On the occasion of the 25th Anniversary of Kargil Vijay Diwas, Fitistan Ek Fit Bharat along with the largest Bank of India - State Bank of India is launching the biggest tribute and fitness challenge in honour of the 527 Braveheart soldiers who gave the ultimate sac
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IndoStar FY'24 Result: 49% Growth in Focus Retail AUM and 267 Bps improvem
Updated : 2 years, 2 months ago IST
Mumbai (Maharastra) [India], April 30: IndoStar is a non-banking finance company (NBFC) registered with the Reserve Bank of India classified as a Middle layered NBFC, announced the audited financial results for the quarter and year ended March 31, 2024, earlier today.
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RBI issues master directions for entities operating on electronic trading
Updated : 2 years, 2 months ago IST
According to the guidelines, these directions will not apply to electronic systems operated by scheduled commercial banks and standalone primary dealers for transactions in eligible instruments, where the bank or primary dealer operating the electronic system is the sole quote.
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RBI directs review of unfair interest practices by financial institutions
Updated : 2 years, 2 months ago IST
According to RBI, the directive, effective immediately, aims to address concerns over certain unfair practices observed during RBI's onsite examination of regulated entities (REs) for the period ended March 31, 2023.
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RBI cancels registration certificate of Acemoney (India) Ltd due to irregu
Updated : 2 years, 2 months ago IST
The decision to revoke the CoR was made in light of the company's violations of RBI guidelines on risk management and code of conduct in outsourcing financial services, particularly in its digital lending operations conducted through various third-party apps.
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RBI initiates transition plan: Small finance banks to ascend to universal
Updated : 2 years, 2 months ago IST
According to the guidelines, SFBs seeking to transition into Universal Banks must meet specific eligibility criteria. Firstly, they must maintain a satisfactory track record of performance for a minimum of five years.
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RBI lays out criteria for conversion of Small Finance Banks to Universal B
Updated : 2 years, 2 months ago IST
The Reserve Bank of India (RBI) has set out certain provisions fulfilling which Small Finance Banks (SFBs) can voluntarily convert themselves into Universal Banks.
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RBI announces auction sale of Govt. securities of Rs 32,000 crore
Updated : 2 years, 2 months ago IST
The Reserve Bank of India has announced the auction for the sale of Government Securities worth Rs 32,000 crore. The auction is scheduled to take place on Friday and it aims to facilitate the sale (re-issue) of Government Securities through a multiple price-based method.
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RBI cautions public against using unauthorised prepaid payment entities
Updated : 2 years, 2 months ago IST
The Reserve Bank of India (RBI) cautioned the public against using websites or applications, and parting with their money to any unauthorized entity.
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RBI cautions public against using unauthorised prepaid payment entities
Updated : 2 years, 2 months ago IST
The Reserve Bank of India (RBI) has urged the public to exercise utmost caution while using websites or applications, and parting with their money to any such unauthorized entity.
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RBI directs banks for greater vigilance on forex trading and report unauth
Updated : 2 years, 2 months ago IST
The Reserve Bank of India (RBI) has issued a directive to banks regarding instances of unauthorized forex trading activities by certain entities.
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