PNB Launches App To Enable MSMEs Access Instant Loans Using GST Invoices
PNB Launches App To Enable MSMEs Access Instant Loans Using GST Invoices
PNB Launches App To Enable MSMEs Access Instant Loans Using GST Invoices Read More »
Bank Current Affairs
Here we provide Current Affairs articles on Bank & Indian Banking system. We collect and compose latest articles related to bank and finance system.
Russia Launches Islamic Banking Pilot Program: Exploring Shariah-based Finance
Russia Launches Islamic Banking Pilot Program: Exploring Shariah-based Finance– Russia is set to embark on a historic journey by launching its first Islamic banking pilot program on September 1. With a Muslim population of around 25 million people, the move hopes to capitalise on the potential of Islamic finance, which has already had a presence
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Bandhan Bank Authorized by RBI for Civil Pension Disbursement
Bandhan Bank Authorized by RBI for Civil Pension Disbursement: Bandhan Bank has been authorised by the Reserve Bank of India (RBI) to function as an authorised pension disbursement bank, which is a significant development. This authorisation is in collaboration with the Central Pension Accounting Office (CPAO), which is part of the Ministry of Finance. The
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Yes bank teams up with fintech Zaggle for next-gen corporate credit card
Yes bank teams up with fintech Zaggle for next-gen corporate credit card: Yes Bank launched a co-branded Corporate Credit Card in collaboration with the spend management platform Zaggle to provide businesses with direct control over company expenditures. This includes the ability to set individual spending limits, apply merchant category restrictions, and implement diverse controls. Additionally, cardholders gain access
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LIC Partners with Saraswat Cooperative Bank to Increase the life Insurance
LIC Partners with Saraswat Cooperative Bank to Increase the life Insurance: Life Insurance Corporation of India in its effort to increase the penetration of life insurance through Bancassurance channel has recently tied-up with Saraswat Cooperative Bank Ltd., a scheduled bank headquartered at Mumbai. The Bank has a vast network of 294 Branches as at March
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RBI enhances transactions limits for small value digital payments to ₹500.
RBI enhances transactions limits for small value digital payments to ₹500.: RBI has announced to enhance transaction limits for small value digital payments in offline mode to ₹500 from the earlier cap of ₹200. Daily Current Affairs Quiz: August 2023 Aim: To enable faster, more reliable, and contactless payments for everyday small value purchases, transit payments,
RBI enhances transactions limits for small value digital payments to ₹500. Read More »
RBI approves merger of Akola Merchant Co-operative Bank
RBI approves merger of Akola Merchant Co-operative Bank: The Reserve Bank of India (RBI) approved the merger of The Jalgaon Peoples Co-operative Bank and Akola Merchant Co-operative Bank. Aim: To streamline operations and services for customers under a unified entity. Daily Current Affairs Quiz: August 2023 The Akola Merchant Co-operative Bank branches would operate as branches of The
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SBI launches Aadhaar-based enrolment for social security schemes
SBI launches Aadhaar-based enrolment for social security schemes: The country’s largest lender State Bank of India introduced a facility to allow customers to enrol in social security schemes by just furnishing an Aadhaar card. Chairman Dinesh Khara, unveiled an innovative Customer Service Points (CSP) functionality that enables hassle-free enrolment for social security schemes through Aadhaar. Daily Current Affairs
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Microfinance Landscape Shift: Standalone MFIs Take Lead with 40% Microlending Share
Microfinance Landscape Shift: Standalone MFIs Take Lead with 40% Microlending Share: After a four-year hiatus, freestanding Microfinance Institutions (MFIs) have regained their dominance in microlending, surpassing banks. This resurgence is attributed to their recovery from pandemic-induced setbacks and strategic efforts, with standalone MFIs now holding a 40% share of microfinance loans in the country. Daily
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HDFC Bank Launches India’s First Co-Branded Hotel Credit Card With Marriott
HDFC Bank Launches India’s First Co-Branded Hotel Credit Card With Marriott: In a groundbreaking collaboration, HDFC Bank, India’s leading private sector bank, has partnered with Marriott Bonvoy, the acclaimed travel program by Marriott International, to unveil the ‘Marriott Bonvoy HDFC Bank Credit Card‘. Daily Current Affairs Quiz: August 2023 This innovative co-branded hotel credit card,
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