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Category: BANKING

India Emerges as Global Powerhouse in Fast Digital Payments with UPI Leading the Charge: IMF
BANKING

India Emerges as Global Powerhouse in Fast Digital Payments with UPI Leading the Charge: IMF

BIZNAMA NEWS20 July 2025

India Emerges as Global Powerhouse in Fast Digital Payments with UPI Leading the Charge: IMFIn a resounding validation of India’s…

Rupee appreciates by 17 paise to close at 85.81 paise against US dollar
BANKING

Rupee appreciates by 17 paise to close at 85.81 paise against US dollar

BIZNAMA NEWS15 July 2025

In the Forex market, the rupee today appreciated by 17 paise to close at 85 rupees and 81 paise against…

Disinflation Deepens in India: June CPI at 2.1%, Debate Over RBI’s Next Move Intensifies
BANKINGECONOMY

Disinflation Deepens in India: June CPI at 2.1%, Debate Over RBI’s Next Move Intensifies

BIZNAMA NEWS14 July 2025

R. Suryamurthy India’s retail inflation in June unexpectedly plummeted to its lowest level since January 2019, rekindling speculation about further…

India making fastest payments globally due to massive UPI adoption: IMF
BANKING

India making fastest payments globally due to massive UPI adoption: IMF

BIZNAMA NEWS11 July 2025

AM,N The International Monetary Fund (IMF) note has emphasised that India is making faster payments than any other country in…

No directions to Banks to close inactive PM Jan Dhan accounts-FM
BANKING

No directions to Banks to close inactive PM Jan Dhan accounts-FM

BIZNAMA NEWS8 July 2025

AMN The Finance Ministry today clarified that no direction has been given to banks to close inactive Pradhan Mantri Jan…

BANKING

World Bank ranks India 4th among the world’s Most Equal Societies

BIZNAMA NEWS5 July 2025

World Bank has placed India among world’s Most Equal Societies. According to the World Bank, India’s Gini Index stands at…

RBI withdraws ₹1 lakh crore via VRRR auction amid surplus liquidity
BANKING

RBI withdraws ₹1 lakh crore via VRRR auction amid surplus liquidity

BIZNAMA NEWS4 July 2025

The Reserve Bank of India-RBI has removed 1,00,010 crore rupees from the banking system through the seven-day variable rate reverse…

Rising Crypto Literacy: Indian Campuses Become Hotbeds for Blockchain Learning
BANKING

Rising Crypto Literacy: Indian Campuses Become Hotbeds for Blockchain Learning

BIZNAMA NEWS2 July 2025

R. Suryamurthy Indian universities are rapidly integrating cryptocurrency and digital finance education into their curricula as the country positions itself…

Indian Bank waives off Minimum Balance Charges on Savings Accounts
BANKING

Indian Bank waives off Minimum Balance Charges on Savings Accounts

BIZNAMA NEWS2 July 2025

Chennai In a significant customer-centric initiative, Indian Bank has announced the complete waiver of minimum balance charges across all Savings Bank accounts, effective…

BANKING

SBI Complete 70 years of service; FM Sitharaman congratulates

BIZNAMA NEWS1 July 2025

Union Finance Minister Nirmala Sitharaman has congratulated the State Bank of India (SBI) on completing 70 years of service today.…

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