In New Delhi, the Government of India (GoI) has signed a $300 million loan agreement with Asian Development Bank (ADB) to support India Infrastructure Finance Company Ltd (IIFCL)...
The South Asian Regional Conference on “Urban Infrastructure: New Approaches to Public & Private Partnerships and Municipal Finance Innovations” was held at Pravasi Bharatiya Kendra in New Delhi...
The Bank for International Settlements (BIS) has appointed Siddharth Tiwari as the Chief Representative for Asia and the Pacific. He succeeded Eli Remolona. At BIS, he will work...
Prime Minister Narendra Modi launched APIX (Application Programming Interface Exchange), a banking technology platform at Fintech Festival in Singapore. The fintech platform aims to connect companies to financial...
IndusInd Bank has launched first interactive Credit Card in India with buttons called IndusInd Bank Nexxt Credit Card. It will give customer multiple options on how to make...
Reserve Bank of India (RBI) has liberalised norms governing external commercial borrowings (ECBs) for infrastructure creation. The provisions have been reviewed and decision has been taken in consultation...
Reserve Bank of India (RBI) has initiated steps to set up wide-based digital Public Credit Registry (PCR) to capture loan information of individuals and corporate borrowers. In this...
Reserve Bank of India (RBI) has issued guidelines for interoperability among prepaid instruments (PPI) such as e-wallets. Inter-operability is technical compatibility that enables payment system to be used...
Union Finance Minister Arun Jaitley launched portal www.psbloansin59minutes.com to enable micro, small and medium enterprises (MSMEs) to get in-principle approval of loans within hour without need for branch...
Reserve Bank of India (RBI) has shortlisted five IT firms for implementation of Centralised Information and Management System (CIMS) for seamless data collection and validations. These five IT...
