The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 2 crore on Standard Chartered Bank–India for delays in reporting of frauds. The penalty has been imposed on the bank for... Read more
Shyam Srinivasan, managing director and chief executive officer (CEO) of Federal Bank, is the Business Standard Banker of the Year for 2019-20 for his bank’s consistent healthy performance a... Read more
Axis Bank has rolled out ‘AURA’ credit card exclusively loaded with several health and wellness benefits for its users at an affordable price. Axis Bank has tied-up with Poshvine to offer va... Read more
Airtel Payments Bank has launched secure mode of payment gateway titled as ‘Airtel Safe Pay’ to protect Airtel customers from incidents of online payment frauds. About ‘Airtel Safe Pay’: An... Read more
Yes Bank launches the ‘YES BANK Wellness’ and ‘YES BANK Wellness Plus’ Credit Cards – aimed at the holistic health, self-care and wellness of consumers. With this credit card, consumers can... Read more
RBI has set up 6-member panel to study digital lending activities of regulated and unregulated players, due to the growing instances of frauds in digital lending space. Panel comprises of 4... Read more
RBI has cancelled the licence of Vasantdada Nagari Sahakari Bank with immediate effect from January 11, 2021 The bank will not be allowed to conduct the business of ‘banking’, including acce... Read more
Bandhan Bank has launched ‘Bandhan Bank Shaurya Salary Account’ to provide banking, financial services to Armed Forces and Paramilitary services personnel Key features: Zero-balance salary a... Read more
State Bank of India and Indian Oil Corporation launched a co-branded contactless Rupay debit card. On spent of Rs 200 at IndianOil fuel station, every time customer will get 6 reward points... Read more
Bank of Baroda has signed an MoU with the SIDBI to enable MSMEs to apply online for one-time restructuring (OTR). The bank’s MSME customers can now access the web-based portal, ‘Asset Restru... Read more
Parliament has passed the Recycling of Ships Bill – 2019
India-UK Commonwealth Diplomatic Academy programme
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