December 5, 2023
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Banking Current Affairs

Stay up-to-date on the latest Banking current affairs news and developments with our comprehensive coverage. Our Banking Current Affairs category covers the latest trends, policies, and regulations shaping the banking industry. Stay informed on the latest developments in finance, fintech, and digital banking. Follow our category for daily updates and expert analysis on the issues that matter most to the banking community.

"E-Surveillance Collaboration ICICI Bank"

E-Surveillance Collaboration: IVIS Partners with ICICI Bank for Enhanced Banking Security

Prateek05 mins

IVIS Partners with ICICI Bank to Boost Security with Advanced E-Surveillance Services IVIS, a leading provider of advanced surveillance solutions, has recently collaborated with ICICI Bank, one of India’s premier financial institutions, to reinforce security measures through cutting-edge e-surveillance services. This strategic partnership aims to elevate the security standards in banking operations, utilizing state-of-the-art technological…

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"RBI Bank of England agreement"

RBI Bank of England Agreement: Enhancing Bond Clearing & Settlement

Prateek06 mins

RBI Inks Pact with Bank of England on Bond Clearing Settlement The Reserve Bank of India (RBI) recently made headlines by entering into a significant pact with the Bank of England concerning bond clearing and settlement. This strategic agreement aims to facilitate and enhance the clearing and settlement of government securities in both countries. Such…

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RBI Action on Forex Trading

RBI Adds 19 More Entities to Unauthorized Forex Trading Platforms – Ensuring Regulatory Oversight

Prateek05 mins

RBI Adds 19 More Entities to its Unauthorized Forex Trading Platforms The Reserve Bank of India (RBI) recently expanded its scope of unauthorized forex trading platforms by adding 19 more entities to the list. This move comes as part of RBI’s ongoing efforts to curb unauthorized forex trading activities in the country. The entities added…

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HDFC Bank Director appointment

HDFC Bank Appoints Former NABARD Chairman Harsh Kumar Bhanwala as Director | Strategic Move for Rural Finance Growth

Prateek07 mins

HDFC Bank Appoints Former NABARD Chairman Harsh Kumar Bhanwala as Director In a significant move, HDFC Bank, one of India’s leading private sector banks, has appointed Harsh Kumar Bhanwala, the former Chairman of NABARD (National Bank for Agriculture and Rural Development), as its Director. This strategic decision by HDFC Bank’s board of directors marks a…

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RBI Payments Infrastructure Scheme

RBI Extends Payments Infrastructure Scheme: Enhancing Digital Financial Inclusion till Dec 2025

Prateek07 mins

RBI Extends Payments Infrastructure Scheme by 2 Years till Dec 2025; Expands Scope The Reserve Bank of India (RBI) has recently announced a significant extension and broadening of the Payments Infrastructure Development Fund (PIDF) scheme until December 2025. The PIDF, initially introduced in January 2019, aimed to encourage deployment of payment infrastructure in underserved areas….

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"Chandra Shekhar Ghosh reappointment Bandhan Bank"

Chandra Shekhar Ghosh Reappointed as Bandhan Bank MD & CEO: Ensuring Stability and Growth

Prateek04 mins

Bandhan Bank Board Approves Reappointment of Chandra Shekhar Ghosh as MD & CEO The Board of Directors at Bandhan Bank recently sanctioned the reappointment of Chandra Shekhar Ghosh as the Managing Director (MD) and Chief Executive Officer (CEO). This pivotal decision comes amid the bank’s strategic initiatives and Ghosh’s instrumental leadership since the bank’s inception…

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"RBI Abhyudaya Cooperative Bank"

RBI Takes Action Against Abhyudaya Cooperative Bank’s Governance Issues

Prateek05 mins

RBI Takes Action Against Abhyudaya Cooperative Bank’s Governance Issues The Reserve Bank of India (RBI) has recently taken stringent actions against the Abhyudaya Cooperative Bank due to governance issues that have raised concerns among stakeholders. This move by the RBI comes as a response to lapses in the bank’s governance and management, which have prompted…

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"Projected slowdown unsecured loans FY24"

Projected Slowdown in Unsecured Retail Loans for FY24: Economic Implications

Prateek06 mins

Anticipated Deceleration in Growth for Unsecured Retail Loans in FY24 The fiscal year 2024 is projected to witness a noticeable deceleration in the growth of unsecured retail loans. This forecasted decline comes as a significant concern within the financial sector, primarily due to various economic factors influencing consumer behavior and lending practices. Experts in the…

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"Private Banks Government Bond Purchase"

Private Banks Make Largest Single-Day Govt Bond Purchase: Impact on Exams

Prateek06 mins

“Private Banks Make Largest Single-Day Govt Bond Purchase in 7 Years” Private banks recently made a significant move in the financial market by executing the largest single-day government bond purchase seen in the past seven years. This move, highly noteworthy in the financial sector, showcases a pivotal shift in investment strategies among private banking institutions….

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"Government decision IDBI Bank"

Government Decision Impacts Banking Sector: IDBI Bank Asset Valuer Appointment Cancellation

Prateek05 mins

Govt Cancels IDBI Bank Asset Valuer Appointment; Bidding Fresh RFP to Be Issued The Government has recently taken a pivotal decision regarding the appointment of an asset valuer for IDBI Bank, canceling the existing appointment and announcing plans to issue a fresh Request for Proposal (RFP). This significant move has stirred discussions within the financial…

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