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Thursday, January 23, 2025

CATEGORY

Banking

Explore our comprehensive coverage for timely updates on banking sector developments that matter most to you.

Banking

RBI Introduces New Liquidity Coverage Ratio Guidelines to Address Tech-Driven Withdrawal Risks

News Desk -
The Reserve Bank of India (RBI) has issued draft guidelines for banks, mandating them to maintain a higher stock of liquid securities as a...
Banking

RBI Increases Ways and Means Advances Limit for States and UTs to Rs 601.18 Billion

News Desk -
The Reserve Bank of India (RBI) has announced a significant increase in the aggregate limit for the Ways and Means Advances (WMA) facility available...
Banking

RBI Warns Banks to Heighten Vigilance Against Potential Cyber Attacks

News Desk -
The Reserve Bank of India (RBI) has issued a nationwide alert to banks, urging them to ramp up their cybersecurity measures following credible intelligence...
Banking

RBI Increases Bulk Fixed Deposit Threshold to Rs 3 Crore

News Desk -
The Reserve Bank of India (RBI) has revised the threshold for bulk fixed deposits, increasing it from Rs 2 crore to Rs 3 crore....
Banking

Ministry of Defence Partners with Four Banks to Enhance SPARSH Service Centres for Pensioners

News Desk -
In a move to improve pension services for defense personnel, the Defence Accounts Department (DAD) of the Ministry of Defence has signed MoUs with...
Banking

Yes Bank Launches ‘Yes Grandeur’ to Cater to Elite and Affluent Customers

News Desk -
Yes Bank has introduced a new premium banking service, 'Yes Grandeur', aimed at the elite and rising affluent class to stimulate business growth. This...
Banking

SEBI Proposes Revisions to Merchant Banking, BuyBack Regulations

News Desk -
The Securities and Exchange Board of India (SEBI) has released a discussion paper proposing significant amendments to the SEBI (Merchant Bankers Regulations) Regulations, 1992....
Banking

Banking Sector Achieves Net Profit Exceeding Rs 3.1 Lakh Crore in FY24

News Desk -
The banking sector in India has recorded a net profit exceeding Rs 3 lakh crore for the first time in FY24. Listed public and...
Banking

RBI Lifts Restrictions on Bank of Baroda’s Mobile App Bob World

News Desk -
The Reserve Bank of India (RBI) has granted Bank of Baroda to resume on-boarding customers through its mobile application, Bob World. This decision comes...
Banking

RBI Directs Non-Bank Lenders to Adhere to Cash Payout Limit for Loans

News Desk -
India's Reserve Bank, in a recent move, cautioned non-bank lenders against surpassing the permissible limit of ₹20,000 ($240) for cash loans, aiming to curb...
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