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.
Cyber Resilience and Digital Payment Security Controls for Payment System Operators (PSOs) In recent years, the increasing reliance on digital payment systems has brought forth new challenges in terms of cybersecurity and data protection. To address these concerns, the Reserve Bank of India (RBI) has introduced draft master directions on cyber resilience and digital payment…
RBI Launches “100 Days, 100 Pays” Campaign to Settle Unclaimed Deposits The Reserve Bank of India (RBI) has recently launched a new initiative called “100 Days, 100 Pays” to address the issue of unclaimed deposits in banks. With this campaign, the RBI aims to ensure that rightful depositors receive their money and promote financial inclusivity….
Government Plans to Sell Up to 3% Stake in Coal India: What You Need to Know The Indian government has recently announced its plans to sell up to a 3% stake in Coal India Limited, one of the country’s largest coal mining companies. This decision has generated significant interest, particularly among students preparing for government…
Rise in Fake Rs 500 Notes Detected in India – RBI Annual Report Reveals In the recently released annual report by the Reserve Bank of India (RBI), a concerning trend has come to light. The report highlights a significant rise in the detection of counterfeit Rs 500 notes circulating in India. This news has caught…
Government Approves Digital Communication Framework between Banks and CEIB In a significant move towards strengthening communication channels between banks and the Central Economic Intelligence Bureau (CEIB), the government has recently approved a digital communication framework. This step aims to enhance information exchange and combat financial fraud effectively. The framework will streamline the process of sharing…
Indian Bank ICCL | Indian Bank Joins ICCL as Clearing and Settlement Bank Indian Bank, one of the leading public sector banks in India, has recently joined the Indian Clearing Corporation Limited (ICCL) as a clearing and settlement bank. This development holds significant importance in the banking sector, especially for students preparing for government exams….
ADB Loan and India Sign $141.12 Million Loan for Industrial Corridor Development in Andhra Pradesh The Asian Development Bank (ADB) and the Government of India have recently signed a loan agreement worth $141.12 million for the development of an industrial corridor in Andhra Pradesh. This strategic partnership aims to boost economic growth, enhance regional connectivity,…
RBI Approves Merger of Maratha Co-op Bank with Cosmos Co-op Bank The Reserve Bank of India (RBI) has recently given its approval for the merger of Maratha Co-operative Bank with Cosmos Co-operative Bank. This decision comes as a significant development in the banking sector, with implications for both the banking industry and aspiring candidates preparing…
RBI Withdrawal ₹2000 Banknotes: RBI Announces Withdrawal of ₹2000 Banknotes from Circulation In a recent development that has caught the attention of government job aspirants, the Reserve Bank of India (RBI) has made a significant announcement regarding the withdrawal of ₹2,000 banknotes from circulation. This decision holds implications for candidates preparing for various competitive exams,…
RBI Collaborates with GFIN to Prevent Greenwashing The Reserve Bank of India (RBI) has joined forces with the Global Financial Innovation Network (GFIN) to combat the growing issue of greenwashing in the financial sector. Greenwashing refers to the practice of presenting misleading information about a product or service’s environmental benefits. The collaboration aims to create…
