UPI transactions soar to record of Rs 29.9 lakh crores in MayUnified Payments Interface transactions reached record highs in May. Summer travel and the IPL fueled this surge. Value and volume of trans...
01 Jun, 2026, 12.56 PM IST
ATM cash loaders demand more money to cover increasing expensesCash logistics firms are urging banks for higher ATM replenishment fees due to escalating operational costs. Soaring fuel prices and increa...
27 May, 2026, 06.00 AM IST
Big banks urge RBI to rethink uniform forex exposure capIn recent interactions with RBI, officials of big state-owned and private sector banks have suggested a dynamic regulation on the unhedged ...
11 May, 2026, 06.00 AM IST
Fin services secy warns banks of mythos risksFinancial services secretary M Nagaraju warned the banking community about the potential risks posed by Anthropic's Mythos AI model. He emp...
08 May, 2026, 01.03 AM IST
Indian Banks' Association agree on 17% wage hike, saturdays off for employeesIndian Banks' Association and bank employee unions agreed on a 17% annual wage hike, costing public sector banks an additional Rs 8,284 cro...
09 Mar, 2024, 01.10 PM IST
Indian Banks' Association to push for more reforms, take over EASE agendaIndian Banks' Association or IBA has started its operational office in New Delhi. "IBA in times to come has a very important role to play a...
16 Sep, 2021, 11.17 AM IST
Finance ministry requests health, home ministries for vaccination of bank employees on priority basisOut of total strength of 13.5 lakh employees in the banking sector, about 600 unfortunate deaths due to COVID-19 were recorded, as per the ...
08 Apr, 2021, 09.13 PM IST
Indian Banks Association may approve 90-day moratorium for all NBFCsNBFCs and housing finance companies had shot off an urgent SOS to the RBI claiming that they will run out of cash by May-June if they don’t...
17 Apr, 2020, 07.55 PM IST
Indian Banks Association elects Rajnish Kumar as chairmanSBI's head Rajnish Kumar has been elected as the chairman of Indian Banks Association for fiscal 2019-20. UBI's G Rajkiran Rai, S S Mallika...
18 Oct, 2019, 10.44 PM IST
Rajasthan: Banking services hit as 30,000 employees go on two-day strikeHe added that the bank employees will tomorrow lodge a protest here at Ambedkar Circle.
30 May, 2018, 03.01 PM IST
Indian Banks Association discusses PNB fraud"The discussion centred around how to recover the money [from those involved in the fraud]," said a banker without disclosing the details.
17 Feb, 2018, 08.54 PM IST
Bank of Baroda aftereffects: CBI to engage with Indian Banks AssociationCBI Director Anil Sinha will be meeting heads of banks at a seminar where issues related to banking frauds will be discussed.
17 Feb, 2016, 09.36 PM IST
Indian Banks Association wants government to lower rates on small savings schemeThe Indian Banks Association (IBA) today said it has urged the Finance Ministry to bring down interest rates on small savings schemes such ...
25 May, 2015, 10.26 PM IST
Indian Banks Association to sign wage revision pact with banks unions on MondayBank unions will be formally signing the new wage revision agreement with the industry body Indian Banks Association (IBA) on Monday, one o...
22 May, 2015, 05.43 PM IST
Rating outlook upgrade to soften banks' cost of funds: Indian Banks AssociationIndian Banks Association CEO Tanksale said upgrade in the outlook comes at a time when banks in the country are looking at raising money fr...
26 Sep, 2014, 09.16 PM IST
- Indian Banks' Association recommends modifications in student loans
At a time when rising defaults from education loans are haunting Indian state-run lenders, the government has asked banks to increase their...
05 Aug, 2011, 02.11 AM IST
- Banks will meet 19 pc credit growth target for FY 2012: M D Mallya
The Chairman of the Indian Banks Association, M D Mallya, has said the industry will meet the credit growth target of a 19% jump in advance...
07 Jul, 2011, 03.01 PM IST