Page-9 of Topic: Finance
RBI to set up a regulatory sandbox for Fintech startups
To promote innovation in FinTech space, the Reserve Bank of India (RBI) has decided to set up a Regulatory Sandbox for Fintech Startups. The central bank will issue...
A third of Scottish banks lost
Since 2010, around a third of the scottish banks have been closed. This raises concerns about people’s access to cash. An analysis found that 610 banks were closed...NITI Aayog organizes FinTech Conclave 2019
The Financial Technology (Fintech) Conclave has been organized by NITI Aayog in New Delhi and was inaugurated by Reserve Bank of India (RBI) Governor Shaktikanta Das. The objective...RBI committee under chairman ship to deepen digital payments
The Reserve Bank of India (RBI) has recently appointed 5-member committee under the chairmanship of Nandan Nilekani to further deepen digital payments and enhance financial inclusion through Fintech....
FinTech Conclave to be commenced in New Delhi
NITI Aayog is organising a FinTech Conclave at Dr. Ambedkar International Center, New Delhi today. The Conclave will be inaugurated by RBI Governor Shaktikanta Das. The motive of...SBI inked a pact with Bank of China
State Bank of India has inked an agreement with Bank of China to intensify business interactions between both the lenders. Under this pact, both SBI and Bank of...
ICICI Lombard and Mobikwik collaborates to provide Insurance cover of Rs 50,000
ICICI Lombard and Mobikwik has announced a partnership to avail cyber-insurance cover of Rs 50,000 crore to defend against online frauds. This partnership aims to provide protection against...SBI, ICICI Bank and HDFC designated as RBI’s list of D-SIBs
The State Bank of India (SBI), ICICI Bank and HDFC Bank would have to comply with additional capital requirement norms by 1st April 2019 as the banks continue...RBI decides to inject liquidity via forex swaps
The Reserve Bank of India (RBI) has decided to inject rupee liquidity into the system through long-term foreign exchange buy/sell swap — a first-of-its-kind instrument used for liquidity...Alok Srivastava committee to formulate insurance cover for advocates
The Government of India (GoI) has constituted a 5-member committee to examine the issues related to framing of a proper, structured scheme for providing insurance cover to advocates...World Bank signs loan pact for NRETP to boost rural incomes in India
On 4th March 2019, the World Bank (WB) and the Government of India (GoI) has signed a 250 million loan agreement for the National Rural Economic Transformation Project...