IDFC FIRST Bank has partnered with Crunchfish to pilot a project to demonstrate offline retail payments
IDFC FIRST Bank, is set to be a part of RBI’s pilot project to enable offline payments. This project will...
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Enterprise
Medi Assist to acquire Raksha Insurance TPA in expansion push
Health insurance third-party administrator Medi Assist is set to acquire 100% stake in Raksha Insurance TPA in what could be...
Read moreReliance Capital lenders fear recovery below liquidation value
Lenders of bankrupt Reliance Capital fear their loan recovery could fall below the liquidation value of `12,500-13,000 crore for the...
Read moreSBI sells loan of Atibir Industries to CFM Asset Reconstruction Company
State Bank of India has sold ₹341 crore of principal loan outstanding from bankrupt Atibir Industries to CFM Asset Reconstruction...
Read moreCCI clears proposed investment by Qatar Investment Authority in BTS Investment 1 Pte
The Competition Commission of India (CCI) on Thursday said it has approved the proposed investment by Qatar Investment Authority in...
Read moreCanara Bank sells stake in Russian joint venture to SBI for Rs 121 crore
Canara Bank on Thursday said it has sold its stake in Russian joint venture Commercial Indo Bank LLC (CIBL) to...
Read moreTijoree Launches Smart & Transparent Banking for India’s Businesses
Tijoree, a fintech neobank, has announced its launch plans as it forays into the corporate neobanking space with its first...
Read moreBanks again fail to share subsidy with payments service cos
Two months after the National Payments Corporation (NPCI) steering committee decided on distribution of payments subsidy among banks and payment...
Read moreCredit Suisse crisis sends shivers amongst wealthy Indians
The Credit Suisse Group AG crisis is likely to make a dent on the way well-off Indians view international wealth...
Read moreBank fixed deposit (FD) interest rates could go up further, signals RBI
The intensifying competition among banks to expand their deposit base may force banks to increase fixed deposit rates going ahead,...
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