Page-3 of Banking in India

Union Cabinet approve an MoU between India and Singapore to constitute a Joint Working Group (JWG) on fintech

The Union Cabinet chaired by Prime Minister Narendra Modi has given its ex-post facto approval to the Memorandum...

📅 October 26, 2018

SBI becomes India’s first PSU bank to introduce comprehensive wealth business services for its clients

The State Bank of India (SBI) has become the India’s first PSU bank to introduce comprehensive wealth business...

📅 October 22, 2018

India Post Payments Bank (IPPB) ties up with FSS to create payments network for unorganized retail

The India Post Payments Bank (IPPB) has partnered with Financial Software and Systems (FSS) to create payments network...

📅 September 12, 2018

Sunil Mehta elected as new chairman of Indian Banks Association

Sunil Mehta, the MD &chief executive of Punjab National Bank (PNB), has been elected as the new chairman...

📅 September 2, 2018

M.K Jain appointed as new Deputy Governor of RBI

Mahesh Kumar Jain, who is currently MD & CEO of IDBI Bank, has been appointed as the fourth...

📅 June 6, 2018

Sudha Balakrishnan appointed as first-ever Chief Financial Officer (CFO) of RBI

Sudha Balakrishnan, the Vice-President of National Securities Depository Ltd (NSDL), has been appointed the first-ever Chief Financial Officer...

📅 May 30, 2018

Payment Banks

Payments banks are a new model of banks conceptualised by the Reserve Bank of India (RBI) to meet...

📅 May 1, 2018

BHIM-Aadhar Payment System

The BHIM Aadhaar platform and application seek to minimize the role of plastic cards and point of sale...

📅 April 7, 2018

The Aditya Birla Idea Payments Bank starts operations

The Aditya Birla Idea Payments Bank Ltd (ABIPBL) has become the 5th entity to begin operations as a...

📅 February 26, 2018

Biswamohan Mahapatra appointed as non-executive chairman of National Payments Corporation of India

Biswamohan Mahapatra has been appointed as non-executive chairman of the National Payments Corporation of India (NPCI) for a...

📅 February 10, 2018