All unclaimed deposits/accounts that are part of the Depositor Education and Awareness (DEA) Fund of RBI can be searched in…
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Chennai, NFAPost: NPST, a leading banking and payment services provider, announced it has secured a contract for its online dispute…
Bengaluru, NFAPost: Kotak Mahindra Bank Ltd. (“KMBL” / “Bank”) announced new appointments at leadership levels as part of the bank’s…
RBI launched a pilot of the retail CBDC in December 2022 and achieved the target of having 1 million transactions…
“When such constructive engagement does not work or when the regulated entity doesn’t take effective action, we go for imposing…
The Finance Commission is a constitutionally mandated body established once every 5 yrs to devise a formula for distributing net…
An audit report revealed “persistent non-compliances and continued material supervisory concerns in the bank, warranting further supervisory action,” the central…
The current financial year estimate has already exceeded the Budget target as RBI paid a dividend of Rs 87,416 crore…
Net write-off loans by private sector banks stood at Rs 73,803 crore (RBI provisional data) in FY 2022-23, minister Bhagwat…
Introduces a frictionless payment experience with enhanced security on credit and debit cards. Mumbai, NFAPost: Mastercard announced the introduction of…