The Reserve Bank of India (RBI) recently announced the launch of the ‘100 Days 100 Pays’ campaign on June 1. This campaign aims to trace and settle the...
On April 12, 2023, environmental organizations released the “Banking on Climate Chaos” report, which details the world’s largest banks’ spending on fossil fuel project financing since the Paris...
India Post Payments Bank (IPPB) and Bharti Airtel have partnered to launch banking services through WhatsApp for their customers in India. This joint statement was released on March...
UBS, Switzerland’s biggest bank, recently agreed to purchase Credit Suisse in a move that aims to contain the panic that ensued after two American banks collapsed earlier this...
On December 1, the Reserve Bank of India has unveiled a framework allowing overseas subsidiaries and branches of Indian banks and financial institutions to undertake activities that are...
This year, the Nobel Prize for Economics was conferred to Ben Bernanke, Douglas Diamond and Philip Dybvig. Key facts The 2022 Nobel Prize for Economics recognized the works...
The government recently notified that the banking services would be categorised as a public utility service for the next 6 months. About Banking services are to be categorised...
Leading Private lender of India, ICICI Bank recently launched a unique self-service delivery facility called ‘iBox’. Using this facility, the customers of the bank can avail various banking...
The Unified Payment Interface was introduced in India in 2016. Based on its performance, Google has recommended similar service called FedNow to the US Federal Reserve Board. With...
The Union Government has announced Bank Recapitalisation Plan to infuse Rs. 2.11 lakh crore ( $32.4 billion) capital over next two years into public sector banks (PSBs) and...
