Search For "bank"
Financial Stability Board to propose crypto regulations
Updated : 3 years, 8 months ago IST
Basel [Switzerland], July 12 (ANI): The Financial Stability Board, an international body that monitors and makes recommendations about the global financial system, will report to the G20 finance ministers and central bank governors in October on regulatory and supervisory aspects of stableco
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RBI imposes monetary penalty on Bettiah-based Cooperative Bank
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 11 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed Rs 2 lakh monetary penalty on Bettiah (Bihar)-based National Central Cooperative Bank Limited for non-compliance with directions related to KYC and depositor education and awareness fun
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RBI imposes monetary penalty on Maharashtra State Co-operative Bank
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 11 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed Rs 37.5 lakh monetary penalty on Maharashtra State Co-operative Bank Ltd for non-compliance with directions related to reporting and monitoring of frauds.
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RBI grants Payment Aggregator License to Razorpay
Updated : 3 years, 8 months ago IST
Bengaluru (Karnataka) [India], July 11 (ANI/NewsVoir): Razorpay, India's Preferred Payments and Banking Platform for Businesses today announced that it is one of the first full-stack financial solutions companies that has been given an in-principle approval by the RBI for a Payment Aggregato
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RBI sets up mechanism to settle international trade payments in rupees
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 11 (ANI): The Reserve Bank of India (RBI) on Monday announced a mechanism to settle payments for international trade in rupees, which will help boost India's global trade, especially the country's exports.
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China crushes protest by bank depositors in Henan province demanding their
Updated : 3 years, 8 months ago IST
Beijing [China], July 11 (ANI): China on Sunday dispersed a protest by hundreds of depositors, who sought to demand their money back from banks that have run into a deepening cash crisis.
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Bank of Baroda hikes lending rates by upto 15 basis points
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 11 (ANI): Bank of Baroda said on Monday it has decided to hike the Marginal Cost of Funds Based Lending Rate (MCLR) by upto 0.15 per cent or 15 basis points with effect from 12th July.
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TATA AIA Life Insurance and City Union Bank announce partnership
Updated : 3 years, 8 months ago IST
Chennai (Tamil Nadu) [India], July 11 (ANI/PR Newswire): One of India's leading life insurance companies, Tata AIA Life Insurance Co. Ltd, today announced a strategic alliance with City Union Bank (CUB) to offer life and health insurance solutions to the Bank's consumers.
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CBI registers two separate cases in connection to Rs 2100 cr bank fraud
Updated : 3 years, 8 months ago IST
New Delhi [India], July 11 (ANI): The Central Bureau of Investigation (CBI) on Monday registered a case against a Mumbai-based private company over the allegations of causing a loss worth about Rs 1,438.45 crore to the State Bank of India and four other consortium member banks.
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Bihar: Govt middle school in Gaya introduces uniform for teaching, non-tea
Updated : 3 years, 8 months ago IST
Gaya (Bihar) [India], July 11 (ANI): A government middle school in the Naxal-affected Banke Bazar block of Bihar's Gaya district has introduced a school uniform for all the teaching and non-teaching staff members besides the students.
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South Asian nations tying luck to China's infrastructure projects and fail
Updated : 3 years, 8 months ago IST
Washington [US], July 11 (ANI): Sri Lankan Prime Minister Ranil Wickremesinghe had recently accepted the fact that the island nation is participating in negotiations with the International Monetary Fund (IMF) as a "bankrupt country."
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Inflation may ease gradually in second half of 2022-23, says RBI Governor
Updated : 3 years, 8 months ago IST
New Delhi [India], July 9 (ANI): Inflation, which has been above the central bank's tolerance limit since the beginning of 2022, is likely to ease gradually in the second half of the current financial year, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Saturday.
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