New national coop policy’s revised draft to be prepared with Shah’s inputs
Former Union Minister and Chairman of the National Level Committee for drafting new National Cooperation Policy document Suresh Prabhu, made...
Proactively process claims related to Balasore train accident: Irdai to insurers
Regulator Irdai has asked insurers to proactively process claims of kins of the deceased or persons injured in the train...
30 regional rural banks get education loan cover
Education loans offered by around 30 regional rural banks (RRBs) will now have the credit shield from the Credit Guarantee...
Bank loan rates drop in April, a first in 11 months
Bank lending rates declined for the first time in April after rising for 11 consecutive months, data from the Reserve...
As Rs 2000 notes flow back, 80% stay within banking system
Bankers expect a 150-basis-point rise in deposit levels as the initial few days into the mandated exchange of ₹2,000 banknotes...
Insistence of physical visits to bank branches may be avoided, says RBI committee
Insistence on physical visits, physical presentation of documents for closure of bank accounts may be done away with if the...
Bank of Baroda launches facility for cash withdrawals using UPI on its ATMs
Bank of Baroda on Monday announced launch of Interoperable Cardless Cash Withdrawal (ICCW) facility wherein a customer can withdraw cash...
Transfer of Sahara Life business unlikely to impact SBI Life’s balance sheet
Transfer of liabilities of around two lakh policies along with assets of Sahara Life is unlikely to have a major...
Gupshup.io enables UPI payments on feature phones; Accelerates financial inclusion for 320 mn feature phones users
Gupshup.io, the leading conversational engagement platform is bringing the convenience of UPI payments for India’s vast swathe of people using...
Increase in ransomware cases in banks, RBI tells Parliamentary panel
There has been an increase in ransomware cases in banks, and data exfiltrated from such attacks and made available in...
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