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.
RBI ethical AI framework introduced in 2025 ensures transparency, accountability, and risk management in Indian financial sector AI systems. Learn key points for exams. RBI’s FREE-AI Framework: Pioneering Ethical AI in India’s Financial Sector Introduction to RBI’s FREE-AI Framework The Reserve Bank of India (RBI) has introduced the FREE-AI Framework, a pioneering initiative aimed at…
SBI IMPS charges update 2025 introduces nominal fees for online transfers above ₹25,000. Learn about exemptions, government account waivers, and digital banking rules for exams. SBI Introduces Nominal Charges on Online IMPS Transfers Above ₹25,000 The State Bank of India (SBI) has announced a revision in its Immediate Payment Service (IMPS) transaction charges for retail…
ICICI Bank minimum balance reduced 2025 after public outrage. Learn about revised MAB for urban, semi-urban, and rural accounts and implications for banking policies. ICICI Bank Reduces Minimum Balance Requirement After Public Outrage ICICI Bank, India’s second-largest private sector lender, has revised its minimum average balance (MAB) requirement for new savings account holders following widespread…
Global UPI services via bob इ Pay app by Bank of Baroda enable cross-border payments in 8 countries for NRIs and residents, supporting instant digital transactions. Bank of Baroda Introduces Global UPI Services via bob इ Pay App Introduction Bank of Baroda has significantly enhanced its digital banking services by introducing international Unified Payments Interface…
SRVA Investment in Government Securities – RBI permits non-residents to invest surplus balances from Special Rupee Vostro Accounts in G-Secs and Treasury Bills, boosting liquidity and rupee internationalization. 📰 RBI Greenlights Investment of SRVA Surplus Balances in Government Securities Introduction to the RBI’s New Directive On August 12, 2025, the Reserve Bank of India (RBI)…
Axis Bank Lock FD feature protects Fixed Deposits from digital banking frauds. Learn how to activate ‘Lock FD’ and secure your investments today. Axis Bank Introduces ‘Lock FD’ Feature to Combat Digital Banking Frauds Introduction Axis Bank has launched a pioneering feature called ‘Lock FD’ to safeguard customers’ Fixed Deposits (FDs) from the increasing threat…
RBI announces three major steps to enhance banking convenience and financial inclusion, including doorstep re-KYC camps, standardized claims, and upgraded Retail Direct platform. RBI Unveils Three Major Measures to Enhance Customer Convenience and Financial Inclusion Introduction On August 6, 2025, the Reserve Bank of India (RBI) announced three significant initiatives aimed at simplifying banking processes…
RemitFIRST2India by IDFC FIRST Bank NRI remittance to transfer money to India with zero fees, real-time tracking, and competitive forex rates. Learn features, benefits, and supported countries. 🏦 IDFC FIRST Bank Launches RemitFIRST2India: A Seamless Digital Remittance Platform Introduction: Empowering NRIs with Seamless Transfers IDFC FIRST Bank has introduced RemitFIRST2India, a cutting-edge digital platform designed…
ICICI Bank records the lowest attrition rate of 18% for FY 2024-25 among private banks, highlighting employee retention and banking sector stability. Learn key insights for government exam preparation. ICICI Bank Achieves Record Low Employee Attrition Rate for Third Consecutive Year Consistent Decline in Attrition Rates ICICI Bank has reported a significant achievement in employee…
ICICI Bank minimum balance hike from August 2025 raises the minimum average balance to ₹50,000 for metro accounts. Learn about penalties, customer impact, and banking policy changes. Introduction ICICI Bank has implemented a significant change in its savings account policies, effective from August 1, 2025. The bank has raised the Minimum Average Balance (MAB) requirement…
