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State Bank of India (SBI) to cut Repo Rate by 75 basis points
State Bank of India (SBI) to cut Repo Rate by 75 basis points
The State Bank of India (SBI) has decided to pass on the entire 75 basis p....

Published On : 28 Mar 2020

Due to Coronavirus, RBI reduced Repo Rate by 75 BPS to 4.4%
Due to Coronavirus, RBI reduced Repo Rate by 75 BPS to 4.4%
Due to Coronavirus (COVID-19), RBI Governor Shri Shaktikanta Das said the ....

Published On : 27 Mar 2020

Karur Vysya Bank launched Country's 1st prepaid card 'Enkasu'
Karur Vysya Bank launched Country's 1st prepaid card 'Enkasu'
Karur Vysya Bank has launched Country's 1st prepaid card ....

Published On : 24 Mar 2020

ICICI Lombard launched Coronavirus (Covid-19) insurance policy
ICICI Lombard launched Coronavirus (Covid-19) insurance policy
On 21st March, the ICICI Lombard General Insurance Company Limited has launched Coronavirus (COVID-19 Protection Cover) insurance policy. Its Objective....

Published On : 21 Mar 2020

SIDBI Bank will launch Swavalamban Express on 5th June 2020
SIDBI Bank will launch Swavalamban Express on 5th June 2020
Lucknow based Small Industries Development Bank of India (SIDBI) will launch the Swavalamban Express on 5th June 2020 based on the feedback received from va....

Published On : 20 Mar 2020

State Bank of India buy Yes Bank shares for Rs 7250 crore
State Bank of India buy Yes Bank shares for Rs 7250 crore
The State Bank of India (SBI) on Wednesday (12th March 2020) said it will buy shares worth Rs 7,250 crore (Rs 10 per share) of the cash-strapped Yes Bank, s....

Published On : 13 Mar 2020

RBL Bank, Zomato & Mastercard jointly launched Co-branded Credit Card
RBL Bank, Zomato & Mastercard jointly launched Co-branded Credit Card
Zomato in association with RBL Bank & Mastercard will launch a Co-branded Credit Card. And, this new Card will launch in two variants- ....

Published On : 04 Mar 2020

HDFC Bank & IndiGo jointly launched 'Ka-Ching' Credit Card
HDFC Bank & IndiGo jointly launched 'Ka-Ching' Credit Card
Today, HDFC Bank & IndiGo has jointly launched the co-branded credit card 'Ka-Ching', which will effectively work like a loyalty progra....

Published On : 29 Feb 2020

Reserve Bank of India Allowed Bandhan Bank To Open New Branches
Reserve Bank of India Allowed Bandhan Bank To Open New Branches
The Reserve bank of India (RBI) has removed the restrictions placed on ....

Published On : 27 Feb 2020

ICICI Bank launched 'iBox' Self-service delivery facility
ICICI Bank launched 'iBox' Self-service delivery facility
The Industrial Credit and Investment Corporation of India (ICICI) Bank has launched 'iBox' a unique Self-service delivery facility for its customers. Its objective....

Published On : 03 Feb 2020

Indian Bank launched- Surya Shakthi & Corporate Loan
Indian Bank launched- Surya Shakthi & Corporate Loan
Chennai based Indian Bank launched two loan products on 30th Janua....

Published On : 31 Jan 2020

ICICI Bank launched 'Cardless Cash Withdrawal' facility from its ATMs
ICICI Bank launched 'Cardless Cash Withdrawal' facility from its ATMs
In an official announcement, the ICICI Bank has launched a 'Cardless Cash Withdra....

Published On : 25 Jan 2020

RBI launched Aadhaar-based 'V-CIP' process
RBI launched Aadhaar-based 'V-CIP' process
On 9th January 2020, The Reserve Bank of India (RBI) was launched the Aadhaar-based Video Customer Identification Process (V-CIP). The objective of this new proces....

Published On : 11 Jan 2020

HDFC Launched 'myApps' to Boost Digital Payments
HDFC Launched 'myApps' to Boost Digital Payments
The Housing Development Finance Corporation (HDFC) has launched the 'myApps' to Boost Digital Payments in India. The new app will benefit Urban Local Bodies, Housing Societies, Loc....

Published On : 10 Jan 2020

SBI launched RBBG scheme for Residential Sales and Improve Homebuyers' Confidence
SBI launched RBBG scheme for Residential Sales and Improve Homebuyers' Confidence
The State Bank of India launched the 'Residential Builder Finance with Buyer Guarantee (RBBG)' scheme. The objective of this scheme is to push Residential Sales and Improve Homebuyers' Confi....

Published On : 09 Jan 2020

Reserve Bank Of India offers 24x7 forex market operations
Reserve Bank Of India offers 24x7 forex market operations
In a statement, RBI said that the selected banks in India can offer Forex Rates to Indian clients round-the-clock (24×7). Due to this, this opens up the forex market in India....

Published On : 09 Jan 2020

Indian Bank join-hands with WEWA to provide Financial Assistance
Indian Bank join-hands with WEWA to provide Financial Assistance
Indian Bank signed an agreement with the Women Entrepreneurs Welfare Association (WEWA) Tamil Nadu to offer training and credit linkage to established their business. The bank has ....

Published On : 07 Jan 2020

PNB MetLife join-hands with RevFin to offer Life Insurance
PNB MetLife join-hands with RevFin to offer Life Insurance
RevFin partnered up with PNB MetLife to provide protection to customers through life insurance on their loans. Under this scheme, those customers who have taken a loan to buy an el....

Published On : 06 Jan 2020

SBI will start OTP-based ATM withdrawal from 1st January 2020
SBI will start OTP-based ATM withdrawal from 1st January 2020
Mumbai based State Bank of India (SBI) will start an OTP-based ATM cash withdrawal system from 1st January 2020. This facility will be available for transactions above Rs 10....

Published On : 31 Dec 2019

Finance Minister launched 'e-Bkray' for Online auction of assets
Finance Minister launched 'e-Bkray' for Online auction of assets
Smt. Nirmala Sitharaman (Finance Minister) launched 'e-Bkray' for Online auction of assets attached by banks. This platform will increase transparency in the auctioning of a....

Published On : 31 Dec 2019

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