India and United Arab Emirates (UAE) have signed five Memorandum of Understanding (MoUs) in key areas of energy sector, railways, manpower and financial services. These agreements were signed...
Biswamohan Mahapatra has been appointed as non-executive chairman of the National Payments Corporation of India (NPCI) for a period of two years, with effect from February 8, 2018....
Dilip Asbe has been appointed as the new Managing Director and CEO of National Payments Corporation of India (NPCI). Prior to this, Asbe was CEO-in-charge of NPCI. He...
The Reserve Bank of India (RBI) has initiated Prompt Corrective Action (PCA) against public sector lender Allahabad Bank, owing to its high net Non-Performing Assets (NPAs) and negative...
The India Post Payments Bank (IPPB) has signed a Memorandum of Understanding (MoU) with Indian Institute of Corporate Affairs (IICA) to offer relevant training to the employees on...
Uma Shankar has been appointed as the new Executive Director of Reserve Bank of India (RBI). She has been elevated after Meena Hemchandra the executive director in charge...
Private sector lender Axis Bank has recently launched instant international payment services using Ripple’s enterprise blockchain technology solution for retail and corporate customers. The bank has launched a...
RBI Governor Urjit Patel has been appointed as advisory board member of the Financial Stability Institute (FSI) of the Bank of International Settlement (BIS). The FSI assists financial...
The Reserve Bank of India (RBI) will soon make Legal Entity Identifier (LEI) compulsory for companies having aggregate fund-based and non-fund based exposure over Rs 5 crore. Before...
Suresh Sethi, the former MD of Vodafone M-Pesa Ltd., has been appointed as the new Managing Director & Chief Executive Officer (MD & CEO) of India Post Payments...
