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Articles for Banking & Finance

Experts Call For Reforms As RBI Ombudsman Complaints Jump 68%

The complaints disposed at the Offices of RBI Ombudsman have an average turnaround time (TAT) of 33 days during FY23, which has improved from 44 days during FY22

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RBI Restricts Federal Bank & South Indian Bank From Issuing New Co-branded Credit Card

In a stock exchange filing on Wednesday, Federal Bank stated that it is currently addressing the issues and will await regulatory approval before issuing new credit card

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RBI Penalises Bandhan Bank, Bank Of India With Monetary Fine For Rule Violations

The regulator has also imposed a penalty on Indostar Capital Finance along with BoI and Bandhan Bank for rule violations.

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PC Jeweller One Time Settlement Proposal Accepted By SBI

The NCLT on 9 January was informed that there have been certain developments in settlement talks between PC Jeweller and SBI over repayment of the latter's loan

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Anita Pai & Neeta Mukerji Appointed As Additional Directors In Fino Payments Banks

One-third of the Bank’s Board comprises women directors out of the total Board strength of eight members now.

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80% Of Top Banks Don’t Inform Users About Collection Of PAN, Aadhar Data In Privacy Policy: Report

Education loan is an avenue where an individual’s PII is particularly vulnerable

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Bitcoin Hits Record High Of $73,000 Despite US Inflation Concerns

Despite data showing a solid 0.36 per cent increase in US consumer prices for February, surpassing expectations for a 0.3 per cent rise, investors remained optimistic about Bitcoin's future prospects

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Bandhan Bank Appoints Rajinder Kumar Babbar As Executive Director, Chief Business Officer

Rajeev Mantri joined the Bank as chief financial officer (CFO) and Santosh Nair as Head of consumer lending and mortgages

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