News

Central Bank of India partners with Generali for insurance ventures, acquiring stakes in Future Generali India companies.
The transaction has already received the necessary regulatory clearances, including approval from the Reserve Bank of India ...
Bank frauds in India have tripled. Payment scams are increasing rapidly. Digital transactions account for more than half of ...
By learning about the key benefits of savings accounts and understanding the entire process of opening a bank account, you ...
The Reserve Bank of India's recent jumbo rate cuts took economists by surprise, as many indicators point to an economy ...
India’s central bank drained 849.75 billion rupees ($10 billion) of excess cash from the banking system in its first such ...
Walmart Flipkart: Flipkart, owned by Walmart, has secured a non-bank finance company (NBFC) licence from the Reserve Bank of India, enabling it to directly offer loans to customers and sellers.
Reserve Bank of India has updated KYC norms. Banking correspondent (BC) can now update KYC. This includes NGOs, SHGs, MFIs and even local kirana shop owners. Customers can submit self-declarations ...
Understand NRO account repatriation rules, including the USD 1 million limit for funds, current income remittance, and ...
India’s Unified Payments Interface (UPI) is free and run by a monopoly, but this model could mean under-investment in ...
It’s time to allow new payment networks. Let them charge fees to offer institutional-grade security to retail customers.
Walmart's Flipkart has obtained a lending licence from the Reserve Bank of India (RBI), allowing the e-commerce platform ... of registration to Flipkart Finance Private Limited, a document that ...