Banks
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FM Nirmala Sitharaman Exhorts Banks to Sign Up to Account Aggregator Framework
Finance Minister exhorts all banks to sign up to Account Aggregator Framework, says it will improve credit flow and promote…
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NBFC PCA to Bring Parity In Indian Banking Sector: Ind-Ra
Reserve Bank of India introduced the Prompt Corrective Action framework for NBFCs and it will come into effect from October…
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PSBs Recorded Profit of Rs. 31820 Crore in FY21
At the PSBs review, the Finance Minister also launched the Enhanced Access and Service Excellence (EASE) 4.0 Reforms Agenda for…
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RBI Notifies Banks To Ensure Cash in ATMs to Avoid Penalty
Starting October 1, 2021, cash-out at any ATM of more than 10 hours in a month will attract a flat…
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Survey Shows Indian Banking Customers Top Ranked in Welcoming Embedded Insurance Offers
The findings show that 91% of Indian digital bank customers would be highly interested in receiving embedded insurance offers based…
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RBI Penalises 14 Banks Including SBI for Norms Violation
The penalties have been imposed in exercise of powers vested in RBI under the provisions of section 47 A (1)…
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Banks’ Gross NPA To Grow 13.5% by Sep 2021: RBI Report
"Macro stress tests incorporating the first advance estimates of gross domestic product (GDP) for 2020-21 released on January 7, 2021…
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