Search For "banking"
A 2,124-Year Insurance Policy Triggers RBI Action, and the Launch of NYVO
Updated : 1 week, 2 days ago IST
New Delhi [India], February 11: A nationalised bank in Maharashtra sold a life insurance policy to a 90-year-old man. The annual premium was ₹2 lakh. The maturity date of the policy was the year 2124. This was not a hypothetical case or an isolated error, it happened. The Reserve Bank of Ind
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Christ (Deemed to be University) and AAFM India Sign MoU to Strengthen Ind
Updated : 1 week, 2 days ago IST
New Delhi [India], February 10: Christ (Deemed to be University) has signed a Memorandum of Understanding (MoU) with AAFM India to strengthen industry-academia collaboration through globally recognised programs and career pathways in the Banking, Financial Services and Insurance (BFSI) secto
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IIFL Finance Receives 'Changemakers 2026' Award at Palo Alto Networks Cybe
Updated : 1 week, 2 days ago IST
Mumbai (Maharashtra) [India], February 10: IIFL Finance Limited, one of India's leading Non-Banking Financial Companies (NBFCs), today announced that it has been conferred the prestigious 'Changemakers 2026' Award at the Palo Alto Networks Cybersecurity Leadership Summit, recognising the Com
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RBI allows collateral free loans of up to Rs 20 lakh to MSEs
Updated : 1 week, 2 days ago IST
"Banks are mandated not to accept collateral security in the case of loans up to Rs 20 lakh extended to units in the MSE sector. Banks are also advised to extend collateral-free loans up to Rs 20 lakh to all units financed under the Prime Minister Employment Generation Programme (PMEGP) admi
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IIFL Capital Receives SEBI Nod for Setting up Subsidiary at GIFT IFSC
Updated : 1 week, 2 days ago IST
Mumbai (Maharashtra) [India], February 9: IIFL Capital Services Limited, one of India's leading wealth management, broking and investment banking firms, today announced that it has received a No Objection from the Securities and Exchange Board of India (SEBI) to establish a Wholly Owned Subs
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Transcorp International Limited Receives RBI's In-Principle Approval for C
Updated : 1 week, 2 days ago IST
Jaipur (Rajasthan) [India], February 7: Transcorp International Limited has received in-principle approval from the Reserve Bank of India (RBI) for participation in Centralized Payment Systems (CPS), marking a significant development in its banking services infrastructure. The CPS authorisat
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RBI eases norms for NBFCs to boost ease of doing business
Updated : 1 week, 2 days ago IST
The Reserve Bank of India (RBI) proposed significant regulatory easing for Non-Banking Financial Companies (NBFCs) to promote ease of doing business while maintaining strong sectoral growth.
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RBI to issue draft guidelines for protecting customers from mis-selling, a
Updated : 1 week, 2 days ago IST
Reserve Bank of India Governor Sanjay Malhotra on Friday proposed to issue three draft guidelines for customer protection: one, relating to mis-selling; two, regarding recovery of loans and engagement of recovery agents; and three, on limiting liability of customers in unauthorised electroni
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Stronger Governance, Sharper ESG Outcomes: Capri Global Steps Up Sustainab
Updated : 1 week, 2 days ago IST
Mumbai (Maharashtra) [India], February 5: Capri Global Capital Ltd. (Capri Loans), a leading non-banking financial company, has further strengthened its sustainability and governance profile, underscoring its long-term commitment to responsible growth, strong governance, disciplined risk man
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Himachal CM Sukhu inaugurates new branch of HPSCB at Kaithu
Updated : 1 week, 2 days ago IST
Himachal Pradesh Chief Minister Thakur Sukhvinder Singh Sukhu on Wednesday inaugurated the newly established branch of the Himachal Pradesh State Cooperative Bank (HPSCB) at Kaithu, marking another significant step towards strengthening the cooperative banking network in the State. The in
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Manipal Academy of BFSI Partners with Central Bank of India to Empower 1,0
Updated : 1 week, 2 days ago IST
Bengaluru (Karnataka) [India], February 4: Manipal Academy of BFSI (UNext Learning), India's premier institution for financial services skilling, is proud to announce its continued collaboration with the Central Bank of India (CBI) to train a specialized batch of 1,000 credit officers. This
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Tripura Gramin Bank launches India's first Co-branded RuPay credit card by
Updated : 1 month, 3 weeks ago IST
In a landmark development marking its Golden Jubilee Year, Tripura Gramin Bank (TGB) on Tuesday launched its first-ever Co-Branded RuPay Credit Card in collaboration with its sponsor bank, Punjab National Bank (PNB), ushering in a new phase of digital and customer-centric banking.
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