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Jana Small Finance Bank Applies for Universal Banking License, Eyes Next Phase of Growth

Jana Small Finance Bank (Jana SFB) has formally submitted its application to the Reserve Bank of India (RBI) for a Universal Banking license, marking...

Government Restores RoDTEP Benefits for AA, SEZ, and EOU Exports

The Government of India has announced the restoration of benefits under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme for exports...

India Surpasses Japan to Become World’s Fourth-Largest Economy: NITI Aayog CEO

India has overtaken Japan to emerge as the world’s fourth-largest economy, according to BVR Subrahmanyam, Chief Executive Officer of NITI Aayog. Citing data from...

Tamil Nadu Government Signs MoUs with Seven Banks for State Employees

In a major welfare initiative for State government employees, the Tamil Nadu government on Monday signed MoUs with seven leading public and private sector...

IndusInd Bank Partners with AIC STPINEXT to Empower Start-Ups and MSMEs

IndusInd Bank has entered into a strategic partnership with AIC STPINEXT, a special purpose vehicle of Software Technology Parks of India (STPI), operating under...

RBI Imposes Penalty on SBI for Regulatory Non-Compliance

The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1.72 crore on the State Bank of India (SBI) for failing to...

IEPFA and Kotak Mahindra Bank Forge Strategic Partnership to Boost Investor Education

In a major initiative to bolster investor education and protection across India, the Investor Education and Protection Fund Authority (IEPFA), operating under the Ministry...

Bank of India Signs MoU with CNH Industrial to Boost Farm Mechanisation

In a major push to empower India's agricultural sector, Bank of India has signed a Memorandum of Understanding with CNH Industrial (India) Pvt Ltd...

Union Minister Sarbananda Sonowal Launches Digital Portal to Boost Private Investment in Inland Waterways Infrastructure

In a major push to enhance private sector participation in inland water transport (IWT), Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, launched...

India launches first Digital Threat Report 2024 to support cybersecurity in the BFSI Sector

In a landmark initiative to strengthen cybersecurity resilience in the Banking, Financial Services, and Insurance (BFSI) sector, CERT-In (MeitY), CSIRT-Fin and SISA, a global...

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