Reserve Bank Of India To Delay At Least Until August To Raise The Repo Rate

The Monetary Policy Committee (MPC), left repo rates unruffled, at 4 basis points for the 11th time in a row. A basis point is one out of a hundred percentage points. The policymakers unanimously voted to retain a 4% borrowing…

BOB Financial and CreditAI launch Co-Branded Credit Card exclusively for Farmers

Unnati – the co-branded Credit Card will offer cashless credit convenience to farmers The card can be used for purchasing agricultural inputs from Farmer Producer Organisations (FPO), who are part of CreditAI’s closed-loop system  BOB Financial Solutions Limited (BFSL), a…

Bank of Baroda announces the 2022 Edition of the #SaluteHerShakti Contest with ace brand ambassadors PV Sindhu and Shafali Verma

On International Women’s Day, Bank of Baroda, one of India’s leading public sector banks, announced the 2nd edition of the #SaluteHerShakti contest to recognize and celebrate the inspiring women amongst us. The contest requires people to share the stories of extraordinary women who have inspired…

An Industry-First – Bank of Baroda rolls out Instant Savings Account Opening through Tablet Banking for Self Help Groups (SHG)

Will result in ease of banking for SHGs and facilitate easier access to credit In an industry-first move, Bank of Baroda (Bank), one of India’s leading public sector banks, today announced that it has introduced instant digital opening of Savings Accounts for…

Bank of Baroda achieves a top position in Digital Payments for 2020-21

The Award is a testimony of Bank of Baroda being at the forefront of providing the latest innovative digital products and services The Bank is accelerating its journey to “digital first” banking and give their customers the banking experience they…

India Will Buy Crypto From RBI — Ban On All Private Crypto Soon

Red Alert For Indian Crypto Investors — Panic Selling. Popularity of crypto is in its freedom and anonymity. But what if you have to buy cryptocurrency from government? Highlights- Centre proposes a Bill to introduce in the Winter Session of…

India’s Stock Markets Remain Resilient Despite Covid-19 Devastation

The Pandemic is on a killing spree in the country and businesses & MSMEs are not impervious to it. So why does the D-Street remain immune to the gruesome impact of the second Covid wave?

Citi’s Exit: Why Foreign Banks Struggle To Flourish In India

Citigroup isn’t the only foreign bank struggling in India, a closer look at the country’s banking ecosystem reveals.

India’s Financial System Remains Stable Despite Weak Growth But Risks Persist: RBI

India’s financial system remains stable notwithstanding weakening domestic growth, said the Reserve Bank of India (RBI) while releasing December 2019 Financial Stability Report (FSR) here on Friday.

RBI penalizes Bandhan Bank for non-compliance

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on Bandhan Bank Limited. RBI stated that this action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank.