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Government of India and Asian Development Bank Sign $85 Million Loan...

The Government of India and the Asian Development Bank (ADB) signed a $85 million loan on 03.12.2018 to improve the skill development eco-system in...

MoU between ICAI and Bahrain Institute of Banking and Finance, Bahrain

The Union Cabinet chaired by Prime Minister Shri Narendra Modi today has approved Memorandum of Understanding (MoU) between the Institute of Chartered Accountants of...

Growth of Indian Economy

As per the World Economic Situation and Prospects 2018 report of the United Nations, the Indian economy is projected to grow at 7.2 per...

Passport details of borrowers of Public Sector Banks 

With a view to enabling banks to inform relevant authorities of passport details, if the need arises, vide letter dated 6.3.2018, Government has advised all Public...

KYC Requirement for Customers Using Mobile Wallets 

As per Reserve Bank of India (RBI)’s related Master Direction dated October 11, 2017 as updated on December 29, 2017, since Prepaid Payment Instruments...

Basel III capital regulations 

Reserve Bank of India (RBI) has informed that the Basel III capital regulations have been implemented from Aprihave, 2013 in India in phases, for...

Opening of bank branches in villages 

Reserve Bank of India (RBI), vide, its circular dated 8.6.2017 advised all the State Level Bankers’ Committees (SLBCs) Convenor Banks to review and identify...

India Signs  USD 100 Million   Second Loan Agreement with NDB for Rajasthan...

The Loan Agreement for the financing of Rajasthan Water Sector Restructuring Project for the Desert Areas was signed between Government of India and the...

Small Finance and Payment Banks to offer APY to provide an...

Atal Pension Yojana (APY) is a Government of India's Old Age Pension Scheme being implemented through all Banks across the country as per the mandate...

The Government of India announces details of Bank recap and Comprehensive...

          The Government of India today unveiled details of the re-capitalisation of Public Sector Banks (PSBs) announced in October 2017.  The...

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