
ATM interchange fees have increased, benefiting larger banks with extensive networks, while smaller banks face higher costs. Explore how banks…
NFRA proposes tighter audit standards for related-party transactions to enhance audit quality and address concerns raised in inspections of major…
NFRA flags audit gaps and independence concerns at EY-affiliate SRBC & Co, highlighting deficiencies in related party transactions and non-audit…
India’s banking liquidity hits a three-month low of Rs 13K crore, with experts forecasting a return to surplus by Q1…
RBI announces an increase in ATM transaction fees from Rs 21 to Rs 23, effective from May 1, 2025. Customers…
The hike in ATM interchange fees, effective from May 1, will drive ATM network expansion, especially in rural areas, by…
Parliament approves Banking Laws (Amendment) Bill, allowing up to 4 nominees, enhancing investor protection, and improving banking governance. Key changes…
RBI’s open market operation saw strong demand with bids over Rs 67,540 crore, signaling a shift to accommodative liquidity management.…
RBI’s exclusion of gold loans originated by NBFCs from priority sector lending hurts gold loan companies, increasing their cost of…
The penalty has been imposed under Section 111 (1) (ii) of the CGST Act, 2017 on accounts of various GST…
RBI’s forex swap auction receives $22.28B bids, injecting Rs 85,000 crore liquidity into the banking system, aiming to ease liquidity…
Payments Council urges PM to reconsider zero MDR policy for UPI and RuPay transactions, calling for sustainable digital payments growth…
Allege regulator lacks neutrality; NFRA says law doesn’t delineate separation of probe and disciplinary powers.
ICICI Bank gains $450M from index weight increase. Kotak, Zomato, and others see significant inflows. Index adjustments boost trading volumes.
During the meeting, representatives from the IBA and the finance ministry assured the unions that their demands would be reviewed…
RBI governor urges UCBs to maintain trust, citing recent fraud case. Focus on customer service, IT security, and operational resilience.
IBBI mandates detailed loss disclosures in insolvency process. Aims to boost transparency, aid resolution plans, and improve creditor recoveries.
Axis Bank CEO Amitabh Chaudhry discusses strategies for deposit growth, loan risks, wealth management, and the impact of the Citi…