Page-4 of Banking in India

Union Government allows Atal Pension Yojana for Small Finance Banks and Payments Banks

The Union Government has allowed Small Finance Banks and Payments Banks to offer Atal Pension Yojana (APY). Recently,...

📅 January 27, 2018

Usha Ananthasubramanian becomes first woman chairman of Indian Banks’ Association

Usha Ananthasubramanian, MD and CEO of Allahabad Bank, has been elected the first woman chairman of Indian Banks’...

📅 January 27, 2018

Dilip Asbe appointed as new Managing Director and CEO of NPCI

Dilip Asbe has been appointed as the new Managing Director and CEO of National Payments Corporation of India...

📅 January 11, 2018

The Union government to bear MDR charges to promote digital transactions

To promote digital transactions, the union cabinet has recently decided to bear the Merchant Discount Rate (MDR) applicable...

📅 December 19, 2017

The Union government engages ICICI to enable cashless payments on e-NAM

The Union government has engaged private lender ICICI Bank to enable online payments at 470 mandis integrated with...

📅 December 19, 2017

Axis Bank launches ripple-powered instant payment service for retail and corporate customers

Private sector lender Axis Bank has recently launched instant international payment services using Ripple’s enterprise blockchain technology solution...

📅 November 27, 2017

Reserve Bank of India (RBI) released its 4th bi-monthly monetary policy statement for year 2017-18

The Reserve Bank of India (RBI) has recently released its 4th bi-monthly monetary policy statement for the year...

📅 October 4, 2017

Rajnish Kumar appointed as new chairman of State Bank of India (SBI)

Rajnish Kumar, the Managing Director of SBI, has been appointed as the new chairman of the State Bank...

📅 October 4, 2017

B Sambamurthy appointed as new interim chairman of National Payments Corporation of India (NPCI)

B Sambamurthy, the former Director and CEO of the Institute for Development and Research in Banking Technology (IDRBT),...

📅 September 21, 2017

Airtel Payments Bank become India’s first payments bank to integrate UPI on its digital platform

The Airtel Payments Bank (APB) has become the India’s first payments bank to integrate the UPI on its...

📅 September 20, 2017