Search For "banking reforms"
Banking sector records strong turnaround in 2025: Finance Ministry
Updated : 4 months, 3 weeks ago IST
DFS continued its trajectory of momentous reforms in 2025, building on the robust and firm foundation established through initiatives like Your Money, Your Right Campaign, the Banking Laws (Amendment) Act, 2025, EASE 8.0 rechristened as EASE₹ise, 'Credit Line on UPI', 'Hello! UPI'- an AI-voi
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RBI issues new directions to banks for interest rate on advances and lendi
Updated : 8 months ago IST
The Reserve Bank of India (RBI) has issued new directions to banks, effective from October 1, 2025, covering interest rate on advances, lending against gold and silver collateral, and capital regulations.
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53 crore bank accounts opened post-2014: Amit Shah highlights inclusion, 8
Updated : 8 months ago IST
Speaking at a program hosted by the 'Financial Express: India's Best Banks Award' in Mumbai, Maharashtra, Shah stated, "After 2014, under the leadership of Prime Minister Modi, significant banking sector reforms were introduced. At that time, nearly 60 crore Indians did not have even a si
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Banking sector reforms are paying its dividend to Indian Economy: Nirmala
Updated : 1 year, 8 months ago IST
Sitharaman said, "The soundness and resilience of India's banking sector have been underpinned by a sustained policy focus on asset quality improvements, enhanced provisioning for bad loans, sustained capital adequacy, and a rise in profitability."
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Two-day nationwide bank strike from today to protest against privatisation
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], March 15 (ANI): The United Forum of Bank Union (UFBU), has called a two-day nationwide strike on March 15 and 16 against the privatisation of public sector banks and "retrograde banking reforms".
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Banking services to be hit as over 10 lakh employees to go on strike on Ma
Updated : 5 years, 2 months ago IST
New Delhi [India], March 14 (ANI): The United Forum of Bank Union (UFBU), an umbrella body of nine bank unions, has called for a two-day nationwide strike on March 15 and 16 against the privatisation of Public Sector Banks and retrograde banking reforms.
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Jaitley to discuss banking reforms with PSBs today
Updated : 7 years, 8 months ago IST
New Delhi [India], Sep 25 (ANI): Union Finance Minister Arun Jaitley will hold a meeting with Public Sector Banks (PSBs) on Tuesday to discuss banking reforms.
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Technology essential to implement reforms: Rajeev Kumar
Updated : 8 years, 4 months ago IST
New Delhi [India], Jan 24 (ANI): Department of Financial Services (DFS) Secretary Rajeev Kumar on Wednesday said that technology needs to be used extensively to implement the banking reforms for a fast, clean, and transparent economy.
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Bank employees strike to hit operations today
Updated : 8 years, 9 months ago IST
New Delhi, July 29 (ANI): Normal banking operations may take a hit today, as public sector bank employees will be on a one-day strike against the proposed merger of associate banks with the State Bank of India (SBI). They are also opposed to the banking reforms announced by the government re
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