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BFSI

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

News

NABARD and RBI Promote Rural Financial Literacy through Various Initiatives; 2,421 Centres for Financial Literacy Set up Nationwide

News Desk -
National Bank for Agriculture and Rural Development (NABARD) and Reserve Bank of India (RBI) have undertaken various interventions to promote financial literacy and awareness...
News

RBI Proposes New Unified Eligibility Norms for Urban Cooperative Banks

News Desk -
The Reserve Bank of India (RBI) has released a draft master circular proposing a unified eligibility framework for Urban Cooperative Banks (UCBs), aimed at...
News

UPI to See New Rules from August 1: Key Changes on Balance Checks, Auto-Debits, and Access Limits

News Desk -
To enhance the stability and efficiency of digital payments, the National Payments Corporation of India (NPCI) has announced a set of regulatory changes to...
News

RBI Deputy Governor Warns Against Unethical Practices in Banks and NBFCs Amid Rising Competitive Pressures

News Desk -
Swaminathan J, Deputy Governor of the Reserve Bank of India (RBI), has raised serious concerns over the increasing tendency among certain banks and non-banking...
News

Digital Payment Surge: Over 65,000 Crore Transactions Worth ₹12,000 Lakh Crore in 6 Years, Says Finance Ministry

News Desk -
The Government has been closely working with different stakeholders including the Reserve Bank of India (RBI), National Payments Corporation of India (NPCI), fintechs, banks...
News

RBI Advises Banks to Integrate DoT’s Financial Fraud Risk Indicator, Landmark Step to Prevent Cyber Fraud

News Desk -
Reserve Bank of India’s (RBI) has issued an advisory, directing all Scheduled Commercial Banks, Small Finance Banks, Payments Banks, and Co-operative Banks to integrate...
News

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

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

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

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

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

News Desk -
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...
Collaborations

Tamil Nadu Government Signs MoUs with Seven Banks for State Employees

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