Search For "banking system"
Xtranet Technologies Secures Major Role in INR 108.77 Crore Consortium Win
Updated : 1 week, 3 days ago IST
Bhopal (Madhya Pradesh) [India], March 3: Xtranet Technologies Private Limited has reached a landmark milestone in the digital financial infrastructure space. As a pivotal member of a strategic consortium, the company has secured a massive ₹108.77 crore contract to modernize the core banking
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RBI announces measures to manage liquidity conditions
Updated : 1 month, 2 weeks ago IST
The Reserve Bank of India (RBI) has decided to conduct a set of operations to inject liquidity into the banking system, after having a review of current liquidity and financial conditions.
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Indian banks see exponential growth in deposits and loans since FY05: SBI
Updated : 2 months 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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RBI to inject Rs 2 Lakh Crore via OMO purchases, dollar swap to boost liqu
Updated : 2 months, 2 weeks ago IST
"The purchases will be carried out in four equal tranches of Rs 50,000 crore each, scheduled for December 29, 2025; January 5, 2026; January 12, 2026; and January 22, 2026," the RBI said.
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RBI DG raises concerns over growing prominence of stablecoins
Updated : 3 months ago IST
"Over time, the form of money has evolved with technology - from commodities to metal to paper to balances in deposit accounts to now, digital tokens. While the forms of money have evolved with technology, the fundamental character of money - what it represents, or what gives it credibility
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Decision on freezing UPI payments rests with RBI, NPCI: SBI's Ashwini Kuma
Updated : 3 months ago IST
State Bank of India Managing Director (Corporate Banking and Subsidiaries) Ashwini Kumar Tewari on Wednesday said the banking system in India is looking at ways and means to help customers retrieve funds in cases of fraud or inadvertent transactions, but stressed that any move to introduce a
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RBI plans long-term USD/INR swap to boost liquidity
Updated : 3 months ago IST
The Reserve Bank of India is set to inject liquidity into the banking system through a long-term USD/INR Buy/Sell Swap auction, marking a key move to ease financial conditions at a time when liquidity needs closer attention. According to an RBI press release on Monday, the central bank will
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RBI need to infuse Rs 2 trillion in FY26 to maintain comfortable liquidity
Updated : 3 months, 1 week ago IST
Analysts attribute the tightening to a combination of seasonal currency leakage, muted government spending, tax outflows, and most notably, heavy unsterilized foreign exchange intervention by the RBI.
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Credit momentum to continue in 2H, but growth likely to be capped by weak
Updated : 3 months, 1 week ago IST
With the strong festive demand and the GST cuts, the loan growth in the banking system has picked up pace in October and early November, according to a latest report by IIFL Capital.
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Seasonal rhythms persist in Indian banking, March leads cycle: RBI
Updated : 3 months, 2 weeks ago IST
India's banking system continues to exhibit strong and predictable seasonal rhythms, with the financial year-end emerging as the most influential driver of banking activity, according to the Reserve Bank of India's latest bulletin.
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Israel tests Banking System with nationwide cybersecurity drill
Updated : 3 months, 3 weeks ago IST
Israel's Banking Supervision Department conducted a nationwide cyber exercise on Thursday, testing the country's financial system against major cyberattacks. All supervised banking entities participated, alongside the National Cyber Directorate and the Center for Financial Continuity at the
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Countries that use technology responsibly like India will shape future of
Updated : 4 months ago IST
India's experience in digitisation shows that countries that harness technology with foresight and responsibility will not only adapt to change but shape it, T Rabi Sankar, Deputy Governor, Reserve Bank of India, said.
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