🗎 RBI / MoF / Govt. Policies

📝  Banking sector needs to address governance gaps to meet upcoming challenges: RBI Dy Guv
📝  RBI panel suggests a host of customer-centric initiatives for banks
📝  RBI launches financial inclusion dashboard
📝  Banks’ boards should ensure that managements are held accountable for their actions: RBI Deputy Governor
📝  Insistence of physical visits to bank branches may be avoided, says RBI committee
📝  Banks told to ensure nominees for all accounts & lockers
📝  RBI committee proposes extending Deposit Insurance to PPIs
📝  There is a need for standardisation of ATM interface, recommends RBI committee
📝  Underserved, marginalised populations more vulnerable to cyber risks: RBI Deputy Governor
📝  Banks’ digital payments frauds nearly double in FY23
📝  Editorial. RBI should adopt calibrated approach on CBDC
📝  Bank account can’t be frozen for KYC lapse, says Reserve Bank of India panel
📝  RBI looks to ease KYC pain, deter mis-selling by banks
📝  RBI to bank boards: Replace management if required to ensure governance
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🏦 PSB / Pvt Banks

📝  Bank of Baroda launches facility for cash withdrawals using UPI on its ATMs
📝  Andhra Pradesh Grameena Vikas Bank gets new Chairman
📝  SBI to extensively use business analytics, AI/ML
📝  City Union Bank to upgrade its digital lending process
📝  SBI launches Project Kuber in Bengaluru
📝  Canara Bank starts process to sell non-core assets via IPOs
📝  Banks told to ensure nominees for all accounts & lockers
📝  HDFC Bank suspends top official after video of him abusing colleagues during online meet went viral
📝  HDFC Bank suspends senior executive for unruly behavior
📝  Kotak Bank launches Réserve, a premium account for the super rich
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🏦 Co-operative Banks / RRBs

📝  RBI imposes monetary penalty on Sawantwadi Urban Co-operative Bank, here's why
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🏦 Foreign Banks / FIIs / I-Banks

📝  HSBC India launches new campaign with cricketer Virat Kohli
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🏦 Development Banks

📝  NaBFID defined as public infra investee for insurance companies
📝  SIDBI launches mission EVOLVE in association with NITI Aayog, World Bank, others for loans to EV MSMEs
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💳 ATMs / Credit Cards

📝  SBI Card board's approves raising funds up to ₹3,000 cr via NCDs
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🔍 Rating / Research

📝  Finance Ministry, ADB organise workshop on Expected Loss-based Credit Rating Mechanism
📝  RBI may again pause repo rate at this week's policy meet: SBI Research
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🗎 NBFCs / FIs / MFI

📝  Greaves Finance introduces ‘evfin’ platform for EV financing
📝  Ecofy partners Piaggio Vehicles to provide financing on electric three-wheeler range
📝  Maruti Suzuki, Bajaj Finance sign MoU for vehicle financing
📝  NBFCs can do better than banks for next 1-2 years: Aman Chowhan
📝  Muthoot Microfin to provide loan in 30 minutes through app
📝  Mahindra Finance sets healthy pace in May, but risks remain
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UPIs / Wallet / FinTech

📝  Paytm disbursements rise 169% on year
📝  Paytm reports 118% YoY growth in merchants subscribing to payment devices during April, May
📝  BharatPe appoints Kohinoor Biswas as head of its consumer lending business PostPe
📝  Deloitte flags sourcing from inappropriately approved vendors at BharatPe
📝  After online payments, digital loans, now P2P lending under RBI lens
📝  How fintech is revolutionizing startup funding in India
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🗠 Bourses

📝  BoB to trim stake in NSE for at least ₹661 crore
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Crypto

📝  Bitcoin falls below $26,800; Litecoin, BNB decline over 2%
📝  Crypto giant Binance controlled ‘independent’ US affiliate’s bank accounts
📝  JP Morgan collaborates with Indian banks to enable blockchain-backed dollar transactions
📝  Binance charged by US SEC for non-compliance with security laws
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🗠 Mutual Funds / AMCs

📝  Edelweiss Mutual Fund launches Edelweiss Multi Asset Allocation Fund
📝  Asset base of ESG-focussed funds drops by Rs 2,020 cr in FY23
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🗎 Equities, Pvt. Equity / Hedge Funds

📝  Equity markets climb in early trade amid rally in global stock indices
📝  Sidbi's India Microfinance Equity Fund doesn't find many takers
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🗎 Govt. Securities / Bonds

📝  RBI to conduct 4-day VRRR worth Rs 1 lakh crore on June 5
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✈ International

📝  Cryptocurrencies slump after SEC files charges against Binance
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