Topic: Banking Sector
‘100 Days 100 Pays’ Campaign
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...
Banking on Climate Chaos Report
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...
Airtel-IPPB WhatsApp Banking Services
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
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...
RBI Framework on Indian Banks’ Foreign Businesses
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...
2022 Nobel Prize for Economics
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...
Government Declares Banking Services as Public Utility Service
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...
ICICI Bank launches self-service delivery facility
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...
NPIC to export UPI, sets up subsidiary: RBI Governor
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...
