Updated : 2 years, 2 months ago IST
New Delhi [India], August 3 (ANI): The Banking Regulation (Amendment) Bill 2017, was passed in Lok Sabha on Thursday.
New Delhi [India], August 1 (ANI): Reserve Bank of India (RBI) has issued a Cyber Security Framework in Banks, making it mandatory for banks to put in place a Board-approved cyber-security policy, which covers the risks from cyber threats and the measures to address these risks.
Updated : 2 years, 3 months ago IST
New Delhi [India], July 24 (ANI): Union Finance Minister Arun Jaitley on Monday introduced a bill to authorise the direct banking companies to resolve the problem of stressed assets.
New Delhi [India], June 28 (ANI): Rajasthan's fastest growing NBFC licensed by RBI, Finova Capital has announced on-boarding Rahul Sahney and Anurag Agrawal as Chief Operation Officer and head of Credit and Operations at Finova Capital.
Updated : 2 years, 4 months ago IST
New Delhi [India], June 22 (ANI): With the ongoing digital drive in India, the number of users opting for online banking is expected to double to reach 150 million mark by 2020, from the current 45 million active urban online banking users in India, according to a report drafted by Facebook
New Delhi [India], June 20 (ANI):The crippling financial implications of online banking security incidents have been brought to light by the latest Kaspersky Lab report into cyber security threats in the financial sector.
Updated : 2 years, 5 months ago IST
Bengaluru (Kolkata) [India], May 16, (ANI): Despite downplay of rasomware WannaCry's impact by the Centre; IT experts have cautioned users that the number of effected organizations is expectedly to rise rapidly.
New Delhi [India], May 5 (ANI): The Narendra Modi-led government on Friday notified the ordinance to amend the Banking Regulation Act, empowering the Reserve Bank of India (RBI) and banks to initiate bankruptcy proceedings against chronic defaulters.
New Delhi [India], May 2 (ANI): Union Finance Minister Arun Jaitley on Tuesday applauded the Adhaar enabled payment system, saying that the unique concept, which is only available in India, allows its citizens to link their bank accounts by using their thumbs.
New Delhi [India], Apr 26 (ANI): India's leading Bitcoin and Blockchain company Unocoin on Wednesday announced taking a step closer towards a frictionless experience in buying Bitcoin for Indians.
Updated : 2 years, 6 months ago IST
New Delhi [India], Apr 19 (ANI): According to credit rating agency ICRA, the Reserve Bank of India's (RBI)'s revision in the prompt corrective action (PCA) framework for the banks is a positive and a welcome step, given the operating and financial profile of some of the banks.
Updated : 2 years, 7 months ago IST
By Pinaki Das