Bank Current Affairs

SIDBI and TPRMG join hands to set up 1000 green energy enterprises

Small Industries Development Bank of India (SIDBI) has partnered with the TP Renewable Microgrid Ltd (TPRMG), a wholly-owned…

RBI imposes restrictions on Thodupuzha Urban Co-operative Bank

The RBI has imposed certain restrictions on Kerala-based, Thodupuzha Urban Co-operative Bank for a period of six months (August…

HDFC Bank to acquire 9.94% stake in Go Digit Life Insurance

HDFC Bank would invest in Go Digit Life Insurance Ltd, the general insurer backed by Canada-based Fairfax Group. HDFC…

Tata Neu partners with HDFC Bank to launch co-branded credit card variants

Tata Neu and HDFC Bank have partnered to launch two co-branded credit cards variants- (1) Tata Neu…

SBI topped the debit card market and HDFC leads credit card

As per the latest data collated by PGA Labs shows that, the State Bank Of India…

BOB financial launched contactless credit card with Indian Army

A co-branded RuPay credit card for Indian Army personnel has been introduced by BOB Financial…

RBI lifted restrictions on American Express Banking Corp

The Reserve Bank of India has lifted the business restrictions on American Express Banking Corp and allows…

RBI becomes Net Seller in June 2022 by selling 3.719 billion USD

Reserve Bank of India has become the net seller of the US currency in June 2022 after selling USD…

BASIX, Mastercard partner to digitize the rural ecosystem in Maharashtra

BASIX Social Enterprise has launched BASIX Farmers’ Market (BFM) (AgriTech platform) in partnership with Mastercard. Objective: To integrate farmers into…

PNB launches Pre-Qualified Credit Card facility

PNB has launched pre-qualified credit card which also including insurance coverage. It has also introduced a facility of overdraft against…