Don't waste your time going through the whole newspaper to get to know the most important news related to Banking Use Shomish App or website to know all news related to Banking We put the news daily to save your time. Read each news within 10 Second time. You can read news related to Sports, Business, Technology, Politics, International, National, State etc.
Manoranjan Mishra is the new executive director of the RBI.
Manoranjan Mishra has been named the new Executive Director by the Reserve Bank of India (RBI), with effect from November 1, 2023. Mishra brings a wealth of experience to the central bank with his appointment, having worked for the RBI for more than thirty years and having a solid background in a variety of banking and finance-related fields.
- posted by Admin |
- 6th Nov 2023
The Changemaker of the Year Award goes to RBI.
The Changemaker of the Year award was given to the Reserve Bank of India (RBI). On behalf of the RBI, Governor Shaktikanta Das accepted it. The award was given out as part of the Hindu Businessline Changemaker Awards 2023, which were held on November 3 at the ITC Maurya in New Delhi.Governor Das emphasized the proactive measures taken by the RBI to combat the COVID-19 pandemic.
- posted by Admin |
- 6th Nov 2023
SBI starts a national initiative to revive inactive accounts.
To reactivate dormant accounts, State Bank of India (SBI) has started a statewide drive. The bank claims that an account goes dormant and needs a re-KYC procedure to be activated if there are no transactions for more than two years. Promoting frequent transactions is the campaigns primary goal in order to keep accounts from going dormant.
- posted by Admin |
- 4th Dec 2024
Manish Jain is appointed Executive Director of YES Bank.
YES Bank declared that Manish Jains appointment as the banks Executive Director (Whole-Time Director) has been authorized by the Reserve Bank of India (RBI). Jains appointment will take effect on December 11, 2024, and run for three years, ending on December 10, 2027. The board of directors of the bank made the proposal, and the shareholders of YES Bank will now have to approve it.
- posted by Admin |
- 16th Dec 2024
The RBI took action to stop online money transfer mistakes.
The implementation of a name check feature for National Electronic Fund Transfer (NEFT) and Real Time Gross Settlement (RTGS) transactions has been announced by the Reserve Bank of India (RBI). The facility, which would resemble systems like UPI and IMPS, attempts to lower fraud and errors. This will permit the sender to verify the beneficiarys name prior to starting a transaction.
- posted by Admin |
- 1st Jan 2025
Rajat Verma was named DBS Bank Indias CEO.
As of March 1, 2025, Rajat Verma has been named the next CEO of DBS Bank India. He will assume this role following the retirement of Surojit Shome. Since taking over in 2015, Shome has led DBS India through a number of significant transformational initiatives, such as the 2016 opening of Digibank, the countrys first mobile-only bank.
- posted by Admin |
- 2nd Jan 2025
