131
News
Banks’ Strike on 2nd September 2016
Bank union have decided to join the strike called by trade unions on 2nd September to protest against anti-people policies of the Modi…
132
Articles
Interest Free Banking in India
RBI is exploring the possibility of interest free banking in India to improve financial inclusion. According to Annual Report released by RBI:…
133
News
Get Personal loan at ATM
Next time you walk in to ATM for cash withdrawal, the ATM Machine may offer you a personal loan. With the help of technology…
134
News
Unified payment system (UPI) is now live for 21 banks
National Payments Corporation of India (NPCI) announced on 25th August that the Unified Payments Interface (UPI) has been made operational for customers of 21 banks.…
135
Notifications
Tradability of Sovereign Gold Bonds, 2016 – RBI Press Release
Sovereign Gold Bond Scheme, 2016; and Sovereign Gold Bond Scheme 2016 – Series II were announced by the Government of India vide…
136
Notifications
RBI issues Master Directions for Non-Banking Financial Companies
The Reserve Bank of India today issued Master Directions on six subjects relating to Non-Banking Financial Companies (NBFCs) under its regulation. These…
137
Notifications
RBI Seeks Comments on Draft Large Exposures Framework
The Reserve Bank of India today placed on its website the Draft Large Exposures (LE) Framework for comments. The salient features of…
138
News
Salary of Top Bankers in India
Here is the list of salary of top bankers in India. Managing Director of HDFC, Aditya Puri is being paid highest salary in Banking…
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Misc.
Articles
Merger of SBI & Associate Banks – Key Facts
SBI has already approved merger of its associate banks and Bhartiya Mahila Bank. Cabinate has given approval for merger of 5 associate…
140
News
Urjit Patel – New Governor of Reserve Bank of India
Urjit Patel, the present Deputy Governor of Reserve Bank of India has been announced as successor of Raghuram Rajan. Urjit Patel will take charge…