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Jitendra Singh Appointed Zonal Head for RBL Bank, Mumbai

RBL Bank has bolstered its leadership in a key metropolitan market with the appointment of Jitendra Singh as the new Zonal Head for the...

Rajnickant Patel Named Independent Director at SBI Card

In a strategic move to strengthen its governance framework, SBI Card has appointed Rajnickant Patel as an Independent Director on its board. Patel brings...

UPI Transactions Surge to ₹94,000 Crore Daily in October, Poised for Record Festive Month

The Unified Payments Interface (UPI) is witnessing a remarkable surge this festive season, with average daily transaction values in October 2025 jumping 13% over...

PMAY 2.0 Drives Digital Payments, Enhances Financial Inclusion for Low-Income Borrowers: SBI Research

The Pradhan Mantri Awas Yojana–Urban 2.0 (PMAY-U 2.0) is transforming India’s housing and financial landscape, according to SBI Research. Beyond enabling affordable home ownership...

India Emerging as a Global AI Leader, Thanks to Visionary Policies: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman highlighted India’s strong foundation for innovation and technology-driven growth at AI Bharat Shakti, the pre-summit event for the India AI...

The Banking Laws (Amendment) Act, 2025

Taking effect from August 1, 2025, the Banking Laws (Amendment) Act brings sweeping governance improvements to India’s financial institutions. This legislation enhances depositor protection, raises...

GST 2.0 Rolled Out Nationwide; Major Tax Reliefs Announced

India's new Goods and Services Tax regime, dubbed GST 2.0, took effect from today, ushering in sweeping changes to tax slabs on everyday essentials...

PSU Banks to Drive Vision ‘Viksit Bharat 2047’

Public sector banks (PSBs) are set to play a crucial role in India’s ambition to become a developed nation by 2047, according to the...

RBI Governor Flags Cost Concerns in UPI Ecosystem, Questions Long-Term Viability of No-Fee Model

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Thursday reiterated that while the Unified Payments Interface (UPI) continues to be a no-cost service...

RBI Grants ‘In-Principle’ Nod to AU Small Finance Bank to Transition into Universal Bank

The Reserve Bank of India (RBI) has granted ‘in-principle’ approval to AU Small Finance Bank Ltd (AUSFB) for transitioning into a universal bank, marking...

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