The 16th meeting of the Financial Stability and Development Council (FSDC) was held in New Delhi. It was chaired by Union Finance Minister Arun Jaitley. It was attended...
The Reserve Bank of India (RBI) has appointed Surekha Marandi as its Executive Director (ED). She was appointed in place of U S Paliwal who retired on December...
The Union Government has proposed setting up Financial Data Management Centre (FDMC) based on recommendation of a committee set up under the Department of Economic Affairs (DEC). The...
The Union Government has appointed Viral V Acharya (42) as new Deputy Governor at the Reserve Bank of India (RBI). He will have regular three-year tenure. His appointment...
ICICI Bank, India’s largest private sector bank has launched EazyPay mobile application for merchants that allows all-in-one acceptance payments platform. This app consolidates all digital wallets, QR code,...
The Reserve Bank of India (RBI) has opposed a move to establish a separate entity to regulate payments and settlements as recommended by Ratan Watal Committee for Digital...
Asian Development Bank has lowered its growth forecast for Indian economy to 7.0% as an aftermath of demonetization. This is much slower than projected earlier. 45 countries which...
The Reserve bank of India (RBI) in its fifth bi-monthly monetary policy review for year 2016-17 has kept key rates unchanged. Decision in this regard was taken by...
The Reserve Bank of India (RBI) has clarified that banks will have to bear the full liability in the event of any security breach or compromise in the...
The premier cyber security agency CERT-In has cautioned bankers, customers and traders against skimming and malware attacks on micro ATMs and Point of Sale (POS) terminals. The move...
