RBI imposes Rs.30 million-penalty on Axis Bank

Mumbai (Maharashtra) [India], Mar. 5 (ANI): The Reserve Bank of India (RBI) imposed a monetary penalty worth Rs. 30...

RBI charges fine on IOB over non-compliance with KYC norms

Mumbai (Maharashtra) [India], Mar. 5 (ANI): The Reserve Bank of India (RBI) imposed a monetary penalty of Rs.20...

Budget Session : PNB fraud to dominate proceedings in Parliament

New Delhi [India], Mar. 05 (ANI): As the second part of the Budget session resumes on Monday, the Opposition parties...

ASSOCHAM recommends extension of Aadhaar linkage with bank account

New Delhi [India], Mar 4. (ANI): In the wake of the banking scams unearthed in the recent past, the ASSOCHAM opined...

Citi invites fintech startups to disrupt traditional banking

New York [USA], Mar. 3 (ANI): Financial services multinational giant Citi believes fintech startups today are...

Centre directs PSBs to consolidate 35 overseas operations

New Delhi [India], Mar. 2 (ANI): In the wake of the recent banking scams reported, the government has directed...

Bank Muscat goes live with TCS BaNCS for fund, investment...

Mumbai (Maharashtra) [India], Feb 28 (ANI): Leading IT services, consulting and business solutions organisation,...

Rs.11Cr Agri credit target achievable next fiscal: Jaitley

New Delhi [India], Feb 27 (ANI): Union Finance Minister Arun Jaitley opined that the agriculture credit flow target...

Govt. hopeful of achieving agriculture credit flow target by 2022

New Delhi [India], Feb 26 (ANI): Addressing the National Bank for Agriculture and Rural Development's (NABARD) board...

FinMin puts out list of high-risk finance companies

New Delhi [India], Feb 26 (ANI): Financial Intelligence Unit (FIU) on Monday released a list of around 9,500...

RBI sets April 30 deadline for banks to link CBS with SWIFT

New Delhi [India], Feb 25 (ANI): In a bid to tighten internal controls in the banks, the Reserve Bank of India (RBI)...

RBI introduces Ombudsman Scheme for NBFCs

New Delhi [India], Feb 23 (ANI): As announced in its Monetary Policy Statement on February 7, India's central bank,...