Banking Sector

‘100 Days 100 Pays’ Campaign

May 13, 2023

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 top 100 unclaimed deposits in every bank across all districts within a ..

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Banking on Climate Chaos Report

April 17, 2023

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 Agreement. The report reveals some shocking figures and highlights the urgent need ..

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Airtel-IPPB WhatsApp Banking Services

April 1, 2023

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 31st, 2023. In this article, we will explore what IPPB is, what ..

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UBS

March 21, 2023

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 month. This unique acquisition has sent shockwaves throughout the banking industry and ..

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RBI Framework on Indian Banks’ Foreign Businesses

December 5, 2022

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 not specifically permitted in the Indian domestic market. This framework has been ..

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2022 Nobel Prize for Economics

October 11, 2022

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 that have significantly improved the world’s understanding of the role of banks ..

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