Here we provide Current Affairs articles on Bank & Indian Banking system. We collect and compose latest articles related to bank and finance system.
Paytm Payments Bank: The RBI has approved the appointment of Surinder Chawla as the Managing Director and CEO of Paytm Payments Bank.The RBI, however, continues to bar Paytm Payments Bank from on-boarding new customers. Before joining PPBL, Chawla was working with RBL Bank, where he served as Head – Branch Banking and focused on expanding […]
Paytm bank gets RBI nod for Surinder Chawla as new CEO Read More »
Kerala Becomes Country’s First Fully Digital Banking State: Chief Minister Pinarayi Vijayan declared Kerala as the first state in the country to go fully digital in its banking service and said this recognition would boost the state economy. Vijayan said this achievement was possible due to social interventions through local self-government institutions along with infrastructure
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Forex Reserves at $562.9 bn; Fall by $70 bn in 2022: India’s foreign exchange reserves fell by $70.1 billion in 2022, data released by the Reserve Bank of India (RBI) shows. In the week ending December 30, the foreign exchange reserves were $562.9 billion. The RBI’s intervention in the currency markets to combat volatility and
Forex Reserves at $562.9 bn; Fall by $70 bn in 2022 Read More »
Axis Bank Partners with OPEN to Launch a Fully Digital Current Account: Axis Bank has partnered with OPEN to provide a fully native digital current account journey for its customers including SMEs (small and medium enterprises), freelancers, homepreneurs, influencers and more. The bank has never before collaborated with a fintech company to offer a fully
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Cards, Mobile, Net banking top Complaint Areas at Banking Ombudsman: RBI– According to an RBI report, complaints about mobile/electronic banking and ATM/debit card issues were the most common ones made to the Office of Banking Ombudsman (OBO). The coverage of RBIOS was extended to include the non-scheduled Urban Cooperative Banks (UCBs) with a deposit size
Cards, Mobile, Net banking top Complaint Areas at Banking Ombudsman: RBI Read More »
Bandhan Bank launched ‘Jahaan Bandhan, Wahaan Trust’ campaign: Bandhan Bank has launched its integrated marketing campaign featuring its brand ambassador, cricketing legend Sourav Ganguly. The ‘Jahaan Bandhan, Wahaan Trust’ campaign emphasises the ‘trust’ that the brand has been able to earn in a span of seven years as a Bank and over the last two
Bandhan Bank launched ‘Jahaan Bandhan, Wahaan Trust’ campaign Read More »
BharatPe appoints Nalin Negi as interim CEO: The chief executive of digital payments startup BharatPe, Suhail Sameer, will transition from his current role and become a strategic advisor to the company, effective January 7. Its chief financial officer (CFO) Nalin Negi, who was brought in from SBI Cards in August, will be the interim CEO,
HDFC Bank collaborates with Microsoft as part of its digital transformation : HDFC Bank, India’s largest private sector bank, is partnering with Microsoft in the next phase of its digital transformation journey and unlocking business value by transforming the application portfolio, modernizing the data landscape and securing the enterprise with Microsoft Cloud. As part of
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RBI Survey for Price Movements, Inflation Assessment Launched: The Reserve Bank of India has launched the Inflation Expectations Survey of Households (IESH) which will provide useful inputs for monetary policy. The survey will be conducted in 19 cities in the January 2023 round. It aims to capture subjective assessments of price movements and inflation, based
RBI Survey for Price Movements, Inflation Assessment Launched Read More »
Launch of Utkarsh 2.0 – Reserve Bank of India’s Medium-term Strategy Framework: The Reserve Bank of India’s Medium-term Strategy Framework for the period 2023-2025 – ‘Utkarsh 2.0’ – was launched by Shri Shaktikanta Das, Governor, RBI. In July 2019, the first strategic framework (Utkarsh 2022) spanning the years 2019–2022) was released. It became a medium-term
Launch of Utkarsh 2.0 – Reserve Bank of India’s Medium-term Strategy Framework Read More »
