Aadhaar Enabled Payment System (AEPS)
The Aadhaar Enabled Payment System (AEPS) allows users to access banking services using their Aadhaar number and biometric authentication. Managed by the National Payments Corporation…
Banking
PAN 2.0 Project Approved by Union Cabinet
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Banking Laws (Amendment) Bill, 2024: A Comprehensive Analysis
The Banking Laws (Amendment) Bill, 2024 is a significant legislative effort aimed at modernizing India’s banking sector and ensuring its alignment with contemporary economic and governance needs.…
State Bank of India $1.25 Billion Loan
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SBI, HDFC Bank, ICICI Bank: RBI’s 2024 D-SIBs List
The RBI reaffirmed SBI, HDFC Bank, and ICICI Bank as Domestic Systemically Important Banks (D-SIBs) for 2024, reflecting their critical role in India’s financial system.…
Domestic Systemically Important Banks (D-SIBs): Criteria, Challenges
In November 2024, the Reserve Bank of India reaffirmed State Bank of India, HDFC Bank, and ICICI Bank as Domestic Systemically Important Banks (D-SIBs), highlighting…
India Joins ARIN-AP for Asset Recovery Leadership
India has joined the Asset Recovery Interagency Network-Asia Pacific (ARIN-AP) Steering Committee through its Enforcement Directorate. This collaboration enhances India’s cross-border asset recovery efforts, aligning…
Basel Norms & India: Implementation, Challenges
In July 2024, the Reserve Bank of India (RBI) issued a circular introducing tighter liquidity norms for banks under the Basel III framework. These cha…
FBI Exposes Cryptocurrency Manipulation with Ethereum Token
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