Rupee Hits Record Low Near 95/$ Despite RBI Curbs, Capital Outflows Rise
New Delhi, (APAC Media): The Indian rupee fell to a record low near 95 against the U.S. dollar on Monday, ...
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Tag: Banks
RBI Eases KYC Norms to Improve Access for First-Time Bank Users
Mumbai: The Reserve Bank of India (RBI) has introduced changes to its Know Your Customer (KYC) rules aimed at easing ...
Banks Tighten Cyber Security, Bolster Border Branch Vigilance Amid India-Pakistan Tension
New Delhi: All the Indian banks have reportedly ramped up cyber security protocols and reinforced physical security, particularly in sensitive ...
ATM Withdrawals and Balance Checks to Cost More from 1 May; RBI Approves Interchange Fee Hike
New Delhi: ATM users across India will now have to pay more for cash withdrawals and balance inquiries at machines, ...
RBI Tightens Rules on Digital Deposits, Eases Norms for Trusts to Boost Bank Liquidity
Mumbai: The Reserve Bank of India (RBI) has finalised changes to the Liquidity Coverage Ratio (LCR) framework, introducing stricter treatment for ...
Lok Sabha Approves Banking Law Reforms
New Delhi: Bhaswati Guha Majumder of CXO News and APAC News Network outlines the key highlights and discusses the impact ...
Banks to introduce Unified Recovery Interface to enhance loan recovery
New Delhi: In order to leverage the benefits of digital banking, banks are planning to set up a Unified Recovery ...
Kotak Mahindra Bank to Acquire Sonata Finance for Rs 537 Crore
Mumbai: Private sector lender Kotak Mahindra Bank will acquire 100 per cent equity shares of Sonata Finance Pvt Ltd, a non-banking ...
Banks promoting RuPay card and UPI will not attract GST on incentives
The Finance Ministry said that incentives paid by the government to banks for promoting RuPay debit cards and low-value BHIM-UPI ...
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