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Banking in India

Banking System Liquidity turns to deficit mode

Banking system liquidity has turned into a deficit mode for the first time since May 2019. Key facts...

📅 September 25, 2022

India- Maldives projects inaugurated

In early December, the Prime Minister of India and the President of Maldives jointly inaugurated 4 development projects...

📅 December 5, 2019

Rajnish Kumar appointed as new chairman of Indian Banks’ Association

SBI chairman Rajnish Kumar has been appointed as the new chairman of Indian Banks’ Association (IBA) for 2019-20....

📅 October 21, 2019

ICICI Bank launches new fixed deposit scheme ‘FD Health’

The ICICI Bank has launched a new Fixed Deposit (FD) scheme – FD Health that provides the customer...

📅 October 16, 2019

Banking Reforms during Liberalization

The economic liberalization in India refers to the economic liberalization of the country’s economic policies, initiated in 1991...

📅 October 11, 2019

Axis Bank launchs a short-term online fixed deposit product “Express FD”

Axis Bank has launched a short-term online fixed deposit product ‘Express FD’ that allows a customer to open...

📅 October 4, 2019

Governors of RBI: Major Events During their Tenure

Sir Osborne Smith (1935-1937) Sir Osborne Smith was the first Governor of RBI. He had earlier headed the...

📅 September 29, 2019

History of Banking in India

What are the ancient proofs of presence of banking system? Traces of information regarding existing of banking and...

📅 September 28, 2019

Indian Banks to share data to tackle Fraud

Three Indian Banks- the Bank of India, the Bank of Baroda and the Allahabad Bank- have come together...

📅 September 4, 2019

NEFT to be available 24X7

The Reserve Bank of India has announced that the National Electronic Funds Transfer (NEFT) facility will be available...

📅 August 10, 2019

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