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BFSI

Explore the latest developments, insights, and trends in the BFSI (Banking, Financial Services, and Insurance) sector.

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RBI Constitutes Expert Committee on Benchmarking of Statistics

News Desk -
The Reserve Bank of India (RBI) has announced the formation of an Expert Committee on Benchmarking its Statistics, to be led by Deputy Governor...
BFSI

RBI Keeps Repo Rate Unchanged at 6.5%, EMIs to Remain Steady

News Desk -
In its latest monetary policy decision, the Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% for the ninth consecutive...
BFSI

RBI Raises UPI Transaction Limit for Tax Payments to ₹5 Lakh

News Desk -
In a move to further ease digital payments, Reserve Bank of India (RBI) Governor Shaktikanta Das announced an increase in the transaction limit for...
BFSI

NPCI Records Nearly ₹10,000 crore Credit Disbursed a Month via UPI

News Desk -
The National Payments Corporation of India (NPCI) has recorded a surge in the UPI platform's credit feature, with about ₹10,000 crore of transactions happening a month, a...
BFSI

Challa Sreenivasulu Setty Designated as Chairman, Rana Ashutosh Kumar Singh as MD at SBI

News Desk -
The Appointments Committee of the Cabinet (ACC) approved Challa Sreenivasulu Setty's appointment as the next chairman of the State Bank of India (SBI) on...
BFSI

Five Payment Firms Set to Join RBI’s Digital Currency Pilot Program

News Desk -
Major payment firms, including PhonePe, GooglePay, and AmazonPay, are gearing up to join the Reserve Bank of India's (RBI) digital currency pilot program, according...
News

RBI Re-Approves Inderjit Camotra and Govind Singh as MDs and CEOs of Unity SFB and Utkarsh SFB

News Desk -
The Reserve Bank of India (RBI) has reaffirmed its confidence in the leadership of Inderjit Camotra and Govind Singh by re-approving their appointments as...
BFSI

RBI Expected to Maintain Repo Rate at 6.5%

News Desk -
The Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) is anticipated to keep the repo rate, the key policy rate, unchanged at...
News

GST Collections for July 2024 Released: Available on GST Website

News Desk -
The Goods and Services Tax (GST) collections for July 2024 have been released and are now available on the official GST website (https://www.gst.gov.in). The...
BFSI

RBI Proposes Enhanced Security Framework for Digital Payments

News Desk -
The Reserve Bank of India (RBI) has released a draft framework aimed at bolstering the security of digital payments across the country. The proposed...
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