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RBI Governor Shaktikanta Das cuts Interest Rates by 40 Basis Points; Now Repo Rate is at 4%, Lowest in 20 Years

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Yes Bank launches India’s Largest Banking API Developer Platform ‘YES Fintech Developer’

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Private lender YES BANK announced the launch of “YES Fintech Developer”, India’s largest banking API developer platform. The new banking api developer platform also provides a boost to the YES Bank’s effort of co-creating innovations with fintechs, startups and the developer ecosystem to enhance customer experience.

ICICI Bank eyeing Expansion to open 450 Retail Branches by March 2020

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ICICI Bank said on Monday that it would open 450 new branches in the current financial year to expand its retail network. Of these, 320 branches have been made operational for customers, while 130 branches will be opened soon.

Cryptocurrencies Totally Banned In Indian Banks; RBI Will Soon Launch Their Own Digital Currency