India's first small finance bank launched

Capital Small Finance Bank, India's first small finance bank, is launched. It opened 10 new branches on its inaugural day.

RBI amends guidelines for corporate PPIs The Reserve Bank of India allowed banks to issue Prepaid Payment Instruments (PPIs) to unlisted
India Post gets payments bank licence to start services India Post has received payments bank licence from Reserve Bank of India to start roll-out of b
Foreign investors with Permanent Residency Status In an effort to grease the tracks for foreign investments, India has decided to grant Permanent
Cyber Security threat Botnet is a network of malicious software's that can steal information, take control of device
Guidelines to regulate direct selling industry The Centre has released model guidelines on direct selling, which among other things, prohibit s
Issuance of Rupee denominated bonds overseas In order to provide more choices of investors to Indian entities issuing Rupee denominated bonds

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