IBA sets up 5-member group to implement RBI committee’s recommendations on ARCs
The Indian Banking Association (IBA) has set up a five-member working group to implement the recommendations of the RBI Committee
Continue reading
Category: Banking & Financial Services
Belstar Microfinance to file for IPO soon
Mathoot Finance Its microfinance arm – Belstar Microfinance Ltd – has begun discussions about an initial public offering. exclusively speaking
Continue reading
Groww Integrates UPI Feature in Broking Platform for Convenient Payments
Groww, a Bangalore-based financial institution, has integrated the UPI feature of its brokerage platform with a “payout” feature, according to
Continue reading
Visa, Matercard or Rupay? RBI wants card users to decide, not banks
Bank customers will soon have the option to select their card network with Reserve Bank of India On Wednesday, it
Continue reading
Banks, NBFCs’ provisional Q1 figures show robust credit, deposit growth
Preliminary figures for the first quarter of fiscal year 24 released by banks and NBFCs It showed that credit and
Continue reading
RBI panel moots multi-pronged plan to internationalise rupee
In a bid to achieve internationalization of the rupee, an Interdepartmental Group (IDG) of the Reserve Bank of India has
Continue reading
FPSB India appoints Krishan Mishra as CEO
The Financial Planning Standards Board of India (FPSB India) has appointed Krishan Mishra as Chief Executive Officer, effective from 1st
Continue reading
TruCap Fin to focus on cluster lending to tap MSMEs
TruCap Finance plans to focus on cluster lending to benefit SMEs in Tier II and III cities. The company has
Continue reading
Bandhan Bank CFO & KMP Sunil Samdani resigns
Bandhan BankChief Financial Officer (CFO) and Chief Administrative Personnel (KMP), Sunil Samdani, resigned on July 3 to “explore professional opportunities
Continue reading
RBI rejects applications of 9 out of 12 entities that sought to set up banks
The Reserve Bank of India has rejected applications by Akhil Kumar Gupta, Cosmea Financial Holdings Pvt Ltd and West End
Continue reading