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RBI imposes Rs. 59.90 lakh fine on Nashik co-op bank

The Reserve Bank of India said it has imposed a penalty of Rs 59.90 lakh on Nashik-based Janalaxmi Cooperative Bank

Bank credit expanded by 16.5 per cent year on year (Y-o-Y) basis to Rs. 157.81 trillion at end of March

AU Small Finance Bank (AU SFB) amalgamated Fincare Small Finance Bank (Fincare SFB), marking the first such consolidation in the

HDFC Bank opened a branch at Kavaratti Island in Lakshadweep, making it the only private sector bank to have a

IndusInd Bank introduced ‘Indus PayWear,’ a new wearable payment solution, available on Mastercard. These wearables enable users to tokenise their

Indian Banks’ Association and bank employee unions have agreed on an annual wage hike of 17 per cent, leading to

The RBI will introduce the facility for creation of card-on-file tokenisation at the issuer bank level to enhance convenience for

Non-residents and foreign companies opening bank accounts in IFSC Gift City will not have to furnish PAN and instead file

Canara Bank has appointed Bhavendra Kumar as the Executive Director, as per the Department of Financial Service notification. He joined

Exim Bank raises $1 billion via 10-yr sustainability bond Export-Import Bank of India (India Exim Bank) has raised $1 billion