Ensure enough cash to meet cash demand post salary transfers...

Banks are expecting a huge number of footfalls due to expected disbursement in Jan Dhan accounts, women beneficiaries, pension accounts and PM Kisan beneficiari...


RBI changes SLBC convenors over merger of 10 PSBs into 4 fro...

The government on March 4 notified the amalgamation scheme as part of its consolidation plan to create bigger and stronger banks in the public sector


Bank of Baroda cuts personal, retail loan rates by 75 bps to...

The BRLLR linked to RBI Repo Rate is revised downwards in line with the reduction on Reserve Bank of India Repo Rate from 5.15 per cent to 4.40 per cent


Coronavirus lockdown: IBBI gives time-limit breather for IBC...

The government had recently raised the threshold for default from Rs 1 lakh to Rs 1 crore to prevent triggering of insolvencies


Bank of India cuts MCLR up to 25 bps across category, deposi...

RBI has expanded liquidity in the system sizably to ensure financial markets and institutions are able to function normally, in the face of Covid-related disloc...


Defaulting promoters may get lifeline, lenders may defer ple...

However, this isn't a blanket policy and will be implemented on a case-by-case basis; accounts granted relief will undergo supervisory review


Banks face operational hurdles in implementing 90-day loan m...

With branches and call centres working with skeletal staff, communicating to customers and documenting the process are key challenges


Indian Bank launches mobile ATM to help public deal with Cov...

Customers of other banks can also use the facility


Keep banking channels up and running; maintain smooth cash w...

Banks are expected to witness a surge in transactions across channels next week, owing to salary payments to employees


SBI raises $100 mn via green bonds amid volatile market cond...

The bond issue was done through private placement.


It is projected that In India User base in English by 2021 will be 199 million while Indian language internet user base will grow to 536 million, or 75 percent of India's internet user base. Nine out of every ten new internet user in India over next 5 years are likely to be Indian language user. Indian language user are defined as literate user who prefer primary language to read, write and converse. The country's constitution has 22 official languages. According to census report 53.6% of Indian population speak Hindi either as first or second language, in which 41% of them have declared it as their native language or mother tongue. 12.6% Indians declared that they can speak English as . . .


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