RBI Will Not Emulate Others On Regulations; World Cannot Afford A ‘Crypto Mania’: RBI...

Mumbai– RBI Governor Shaktikanta Das on Thursday said the central bank does not “emulate” others when it comes to regulations and asserted that the...

J&K Bank Signs MoU With Atul Greentech To Promote Green Transport

Srinagar- J&K Bank Wednesday entered into a tie-up with M/S Atul Greentech Pvt. Ltd (Atul: E) by virtue of which the Bank has become...

MD J&K Bank Launches Soft POS, Premium Debit Cards

Srinagar- Adding further convenience to the digital banking, payments for the people, J&K Bank on Monday unveiled its two new digital products. MD & CEO...

RBI Revises Definition Of Politically-Exposed Persons For KYC Purpose

Mumbai-The Reserve Bank of India (RBI) has changed the definition of Politically-Exposed Persons (PEPs) under its norms, a move that will make it easier...

Banks Told To Monitor Top 20 Insolvency And Bankruptcy Code Cases

New Delhi- The finance ministry on Friday asked heads of public sector banks to monitor and review the top 20 Insolvency and Bankruptcy Code...

RBI Introduces Card Tokenisation Facility At Bank Level

Mumbai- The RBI on Wednesday introduced a Card-on-File (CoF) token facility at the level of banks and other institutions to provide convenience for cardholders...

Automatic Payment Limit Via UPI Raised To Rs 1 Lakh: RBI

Mumbai- The Reserve Bank of India on Tuesday increased the limit for automatic payments through UPI to Rs 1 lakh per transaction from the...

UPI Payment Limit To Hospitals, Educational Institutes Raised To Rs 5 Lakh: RBI

Mumbai- In a major decision, the RBI on Friday announced to raise the UPI payment limit to hospitals and educational institutions to Rs 5...

RBI’s MPC Meet Begins Amid Expectations Of Status Quo On Interest Rate

Mumbai- The RBI's high-powered rate setting panel, on Wednesday, began its three-day brainstorming on the next set of bi-monthly monetary policy amid expectation of...

Banks Write Off Rs 10.57 Lakh Crore In 5 Years, Make NPA Recovery Worth...

New Delhi- Banks have written off Rs 10.57 lakh crore during the last five financial years, of which Rs 5.52 lakh crore was in...