Digital Transformation
Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology and Skill Development and Entrepreneurship, stated that the Government of India will establish a...
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Banking Frontiers
Cooperative Banking
Credit growth of urban cooperative banks (UCBs) has picked up moderately. Both scheduled UCBs (SCUBs) and non-scheduled UCBs (NSUCBs), have already attained the March...
Cooperative Banking
Following the classification of urban cooperative banks (UCBs) into four tiers under the revised regulatory framework, the RBI has decided to set the limits...
Banking
The Reserve Bank has released the 26th issue of the Financial Stability Report (FSR), which reflects the collective assessment of the sub-committee of the Financial...
Digital Transformation
The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have appealed to the public to use “Fit-for-Gifting” currency notes...
Digital Transformation
The volume of total payments increased by 63.8% between 2021-22, up from 26.6% in 2020-21, with digital payments accounting for 99% of total payments....
Banking
Bank credit growth (y/y) accelerated further to 18% in September 2022 as compared with 14% a quarter ago and 5.8% a year ago, states...
Digital Transformation
Paytm Payments Bank (PPBL) has partnered with Nexus Malls to enable easy payment for car parking at their malls via FASTag. Users visiting the...
Digital Transformation
The Consumer Financial Protection Bureau (CFPB) has released a new ‘Making Ends Meet’ report covering the financial health of American households. Since 2019, the...
Banking
Punjab National Bank has renovated its President’s Estate branch, located within the premises of Rashtrapati Bhawan. On Tuesday, President of India Droupadi Murmu inaugurated the...
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