UPI Records Highest-Ever Monthly Transactions in January
Unified Payments Interface (UPI) transactions reached a new high in January 2025, crossing 16.99 billion in volume and Rs. 23.48
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April 2025
Indranil Bhattacharyya Appointed Executive Director at RBI
The Reserve Bank of India (RBI) has appointed Indranil Bhattacharyya as Executive Director (ED), effective March 19, 2025. In his
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RBI Governor Urges CEOs to Prioritize Customer Service Amid Rising Complaints
RBI Governor Sanjay Malhotra has expressed concern over increasing customer complaints and urged bank and NBFC CEOs to become more
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RBI to Inject Rs. 1.87 Lakh Crore into Banking System
The Reserve Bank of India (RBI) has announced fresh liquidity measures totalling Rs. 1.87 lakh crore to ease potential liquidity
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Ajit Joshi Appointed as Executive Director of RBI
The Reserve Bank of India (RBI) announced the appointment of Dr. Ajit Ratnakar Joshi as Executive Director (ED), effective March
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FM Highlights Surge in Demand for Tech-Driven, Customised Banking
Finance Minister Nirmala Sitharaman has emphasised the growing demand for innovative and on-the-go banking services in India, driven by favourable
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Federal Bank Introduces Long-Term Annuity Deposit Scheme
Federal Bank has launched a new term deposit product, Annuity Deposits, offering resident customers a structured income over periods ranging
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PD Singh Appointed as India CEO of Standard Chartered Bank
Standard Chartered has named PD Singh as its new Chief Executive Officer for India, effective April 1, 2025. He succeeds
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SBI Reduces Lending Rates Following RBI’s Repo Cut
State Bank of India (SBI), the country’s largest public sector bank, has lowered its home loan interest rate by 25
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Banking Editorial April 2025
In a notable move, the RBI clarified that IndusInd Bank remains well-capitalised, even as it directed the bank to undertake
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