India Banking System
- All
- News
- Videos
-
Xi Jinping Seeks Development Bank For SCO To Counter US-Led System
Chinese President Xi Jinping said China would accelerate the creation of an SCO development bank on Monday at the summit of the Shanghai Cooperation Organization in Tianjin, as he seeks to expand the organization's influence and scope.
-
CBI Busts Cybercrime Gang That Duped US Citizens Of Over Rs 350 Crore, 3 Arrested
The CBI has busted a sophisticated cybercrime syndicate that siphoned off more than Rs 350 crore from US citizens since 2023, arresting three alleged fraudsters who bilked unsuspecting victims posing as tech support, officials said on Monday.
-
No More 2-Day Wait, RBI's New Rules To Ensure Cheque Clearance Within Hours
Bank customers will no longer have to wait two working days for cheque deposits to clear. Starting October 4, the Reserve Bank of India (RBI) will implement a faster settlement system promising funds in only a few hours.
-
Oppo K13 Turbo Pro With Built-in Cooling Fan Goes on Sale in India: Price, Offers
The Oppo K13 Turbo Pro is now available for purchase in India, starting today (August 15). The handset was launched in India on Monday, alongside the standard Oppo K13 Turbo. Both handsets come with built-in centrifugal cooling fans, which are part of an active cooling system and aid in heat dissipation. Oppo has equipped the K13 Turbo Pro with a 1...
-
Vivo X200 FE With Zeiss-Branded Triple Cameras Goes on Sale in India: Price, Offers
Vivo X200 FE was launched in India earlier this month. It has been made available for purchase starting today, July 23. The handset sits below the Vivo X200 Pro and the X200 in the company’s lineup. It features a Zeiss-branded 50-megapixel triple rear camera system, MediaTek Dimensity 9300+ chipset, and a 6,500mAh battery with 90W fast charging s...
-
Amit Shah To Chair 25th Central Zonal Council Meet In Varanasi Tomorrow
Union Home Minister Amit Shah will chair on Tuesday the 25th meeting of the Central Zonal Council in Varanasi where a host of issues concerning the nation and the states are expected to be discussed.
-
UPI Transactions To Become Faster From June 16; Other Changes Coming Soon
The UPI system is set to implement other important changes from August in order to improve its performance.
-
Amazon Great Indian Festival: Top Smartphone Offers During the Sale You Shouldn’t Miss
Amazon Great Indian Festival 2024 kicked off in India on September 27, offering exciting deals to all users. Shoppers can find a wide range of electronics, from personal gadgets to home entertainment systems and large appliances, at attractive discounted prices. Additionally, many products can be purchased at even lower effective prices thanks to e...
-
97.96% Rs 2,000 Notes Returned, Rs 7,261 Crore Worth Notes Still With Public
The Reserve Bank of India (RBI) on Monday said 97.96 per cent of the Rs 2000 denomination banknotes have returned to the banking system, and only Rs 7,261 crore worth of the withdrawn notes are still with the public.
-
Opinion | How PMJDY Sparked A Ripple Effect Across India's Economy
By bringing millions into the formal banking system, PMJDY has enhanced economic participation, reduced poverty, and contributed to social stability, mirroring the transformative impact of the US's Marshall Plan.
-
Loan Goes Digital, But Recovery Still Needs Feet On the Street: RBI Official
The digital infrastructure has made the loan sanctioning system adopt an online mode but the loan recovery still requires a 'feet on the street', says Swaminathan J, Deputy Governor of Reserve Bank of India (RBI).
-
eRupee CBDC Has Amassed 5 Million Users in Retail Pilot, Set for More Programmability: RBI Governor
RBI Governor Shaktikanta Das claimed on Monday that in its pilot stage, the eRupee had managed to amass five million users. Das was speaking at a conference in Bengaluru.
-
Unified Lending Interface Will Be Launched In Due Course: RBI Chief
Reserve Bank Governor Shaktikanta Das on Monday said the central bank is constantly working on policies, systems, and platforms to make the country's financial sector strong, nimble and customer centric.
-
Ransomware Attack On Service Provider Hits 300 Small Banks Across India
A ransomware attack on a technology service provider has forced payment systems across nearly 300 small local banks in India to shut down temporarily, two sources directly aware of the matter told Reuters.
-
UPI One World Wallet Services Launched For NRIs, International Travellers by NPCI
UPI One World wallet service has been launched by the National Payments Corporation of India (NPCI) for non-resident Indians (NRIs) and international travellers visiting the country. The service was first announced last year during the G20 summit which India hosted. It will allow travellers who do not have an Indian bank account to access the Unifi...
-
Xi Jinping Seeks Development Bank For SCO To Counter US-Led System
Chinese President Xi Jinping said China would accelerate the creation of an SCO development bank on Monday at the summit of the Shanghai Cooperation Organization in Tianjin, as he seeks to expand the organization's influence and scope.
-
CBI Busts Cybercrime Gang That Duped US Citizens Of Over Rs 350 Crore, 3 Arrested
The CBI has busted a sophisticated cybercrime syndicate that siphoned off more than Rs 350 crore from US citizens since 2023, arresting three alleged fraudsters who bilked unsuspecting victims posing as tech support, officials said on Monday.
-
No More 2-Day Wait, RBI's New Rules To Ensure Cheque Clearance Within Hours
Bank customers will no longer have to wait two working days for cheque deposits to clear. Starting October 4, the Reserve Bank of India (RBI) will implement a faster settlement system promising funds in only a few hours.
-
Oppo K13 Turbo Pro With Built-in Cooling Fan Goes on Sale in India: Price, Offers
The Oppo K13 Turbo Pro is now available for purchase in India, starting today (August 15). The handset was launched in India on Monday, alongside the standard Oppo K13 Turbo. Both handsets come with built-in centrifugal cooling fans, which are part of an active cooling system and aid in heat dissipation. Oppo has equipped the K13 Turbo Pro with a 1...
-
Vivo X200 FE With Zeiss-Branded Triple Cameras Goes on Sale in India: Price, Offers
Vivo X200 FE was launched in India earlier this month. It has been made available for purchase starting today, July 23. The handset sits below the Vivo X200 Pro and the X200 in the company’s lineup. It features a Zeiss-branded 50-megapixel triple rear camera system, MediaTek Dimensity 9300+ chipset, and a 6,500mAh battery with 90W fast charging s...
-
Amit Shah To Chair 25th Central Zonal Council Meet In Varanasi Tomorrow
Union Home Minister Amit Shah will chair on Tuesday the 25th meeting of the Central Zonal Council in Varanasi where a host of issues concerning the nation and the states are expected to be discussed.
-
UPI Transactions To Become Faster From June 16; Other Changes Coming Soon
The UPI system is set to implement other important changes from August in order to improve its performance.
-
Amazon Great Indian Festival: Top Smartphone Offers During the Sale You Shouldn’t Miss
Amazon Great Indian Festival 2024 kicked off in India on September 27, offering exciting deals to all users. Shoppers can find a wide range of electronics, from personal gadgets to home entertainment systems and large appliances, at attractive discounted prices. Additionally, many products can be purchased at even lower effective prices thanks to e...
-
97.96% Rs 2,000 Notes Returned, Rs 7,261 Crore Worth Notes Still With Public
The Reserve Bank of India (RBI) on Monday said 97.96 per cent of the Rs 2000 denomination banknotes have returned to the banking system, and only Rs 7,261 crore worth of the withdrawn notes are still with the public.
-
Opinion | How PMJDY Sparked A Ripple Effect Across India's Economy
By bringing millions into the formal banking system, PMJDY has enhanced economic participation, reduced poverty, and contributed to social stability, mirroring the transformative impact of the US's Marshall Plan.
-
Loan Goes Digital, But Recovery Still Needs Feet On the Street: RBI Official
The digital infrastructure has made the loan sanctioning system adopt an online mode but the loan recovery still requires a 'feet on the street', says Swaminathan J, Deputy Governor of Reserve Bank of India (RBI).
-
eRupee CBDC Has Amassed 5 Million Users in Retail Pilot, Set for More Programmability: RBI Governor
RBI Governor Shaktikanta Das claimed on Monday that in its pilot stage, the eRupee had managed to amass five million users. Das was speaking at a conference in Bengaluru.
-
Unified Lending Interface Will Be Launched In Due Course: RBI Chief
Reserve Bank Governor Shaktikanta Das on Monday said the central bank is constantly working on policies, systems, and platforms to make the country's financial sector strong, nimble and customer centric.
-
Ransomware Attack On Service Provider Hits 300 Small Banks Across India
A ransomware attack on a technology service provider has forced payment systems across nearly 300 small local banks in India to shut down temporarily, two sources directly aware of the matter told Reuters.
-
UPI One World Wallet Services Launched For NRIs, International Travellers by NPCI
UPI One World wallet service has been launched by the National Payments Corporation of India (NPCI) for non-resident Indians (NRIs) and international travellers visiting the country. The service was first announced last year during the G20 summit which India hosted. It will allow travellers who do not have an Indian bank account to access the Unifi...
