Fintechs welcome RBI move of setting up a fintech repository
India’s fintech industry has welcome the move by the Reserve Bank of India to set up a repository for capturing
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Category: Banking & Financial Services
RBI to establish cloud facility for financial sector data
The Reserve Bank of India (RBI) is working on establishing a cloud facility for the financial sector in India. The
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RBI to introduce unified framework for connected lending
The Reserve Bank of India (RBI) said that it will come out with a unified regulatory framework on connected lending
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RBI Monetary Policy Committee (MPC) Meeting Live Updates: 08 December 2023
The Reserve Bank of India is likely to maintain the status quo on the short-term interest rate in its monetary
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RBI cancels license of UP-based Urban Co-op Bank, Sitapur
The Reserve Bank of India (RBI) has cancelled the licence of Urban Co-operative Bank (UCB), Sitapur, Uttar Pradesh. RBI said
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Fintechs to go slower on small ticket loans in first impact of higher risk weights
In the first impact of the higher risk weights for unsecured consumer loans, rolled out by the RBI last month,
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ARCs seek customised credit product from banks
Asset Reconstruction Companies (ARCs) have requested banks’ to consider their demand for funds favourably and come up with a credit
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Union Bank collaborates with Accenture to boost operational efficiency
(file photo) | Photo Credit: K_M_DAYASHANKAR Union Bank of India on Tuesday said it will be collaborating with Accenture to design
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CARE upgrades rating of IDBI Bank’s Tier-II bonds
CARE Ratings has upgraded the rating of IDBI Bank’s Basel III Compliant Tier II Bonds aggregating ₹2,000 crore from “A+”
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IDFC FIRST Bank’s ED Madhivanan resigns
IDFC FIRST Bank on Wednesday said its Executive Director Madhivanan Balakrishnan has tendered his resignation. “The Nomination & Remuneration Committee
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