The Asian Development Bank (ADB) will increase its annual lending to India to a maximum of $4 billion between 2018 and 2022 to help fasten inclusive economic transformation...
The Asian Development Bank (ADB) has downgraded India’s GDP growth forecast to 7% from 7.4% for financial year 2017-18 due to weakness in private consumption, manufacturing output and...
B Sambamurthy, the former Director and CEO of the Institute for Development and Research in Banking Technology (IDRBT), has been appointed as new interim Chairman of the National...
The Spice Digital Limited (SDL) has received the final licence from the Reserve Bank of India (RBI), to process bill payments as a Bharat Bill Payment Operating Unit...
The Reserve Bank of India (RBI) appointed committee on Household Finance has recently recommended that banks should link their home loan rates to the RBI’s repo rate, the...
The Canara Bank has recently launched two digital products: ‘Bharat QR’, a platform for payment settlement at merchant locations, and Bharat Bill Payment System (BBPS) is an integrated...
The Government of India will soon launch a new sub-scheme named “Aajeevika Grameen Express Yojana (AGEY)” as part of the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission...
The Canara Bank has launched its first digital banking branch “CANDI” at Spencer Towers in MG Road, Bengaluru to provide an end-to-end digital experience to customers. As a...
Recently, the Small Industries Development Bank of India (SIDBI) has started a full-fledged merchant banking operations to help Micro, Small and Medium Enterprises (MSMEs) utilise capital markets for...
Subhash Chandra Garg, the secretary of Department of Economic Affairs (DEA), has been appointed as India’s Alternate Governor on the Board of Governors of the Asian Development Bank...
