Banks general
Barclays to be first UK bank to accept bitcoin
01 Sep 2015
Apart from not wanting to be left out, Barclays has also seen bitcoin’s potential to lower infrastructure costs, in he process becoming the first UK high street bank to accept bitcoins later this year
PMJDY adds 175 mn bank accounts with Rs22,000-cr deposits in first year
29 Aug 2015
The Pradhan Mantri Jan Dhan Yojana the biggest financial inclusion initiative in the world, has helped open more than 175 million bank accounts and raise deposits of more than Rs22,000 crore in these accounts
ICICI Bank unveils first guarantee-backed home loan product
26 Aug 2015
The new scheme has been launched in association with the India Mortgage Guarantee Corporation
Banks to shut on second, fourth Saturdays
21 Aug 2015
The move is part of the agreement arrived at the 10th bipartite wage settlement between the IBA and bank employees’ unions
RBI to issue small finance bank licences next month
20 Aug 2015
Unlike payments banks, small finance banks can provide basic banking services like accepting deposits and lending to the unbanked sections such as small farmers, micro businesses and unorganised sector enterprises
RBI allows India Post, 10 other entities to set up payments banks
19 Aug 2015
Energy-to-telecoms conglomerate Reliance Industries, Bharti Airtel, Vodafone and a joint venture of Aditya Birla Nuvo and Idea Cellular are also among successful applicants
Govt draws up 7-point reform plan for PSU banks
14 Aug 2015
The government plans to inject more accountability into PSU bank managements along with the proposed Rs25,000 crore capital infusion