As Rs 2000 notes flow back, 80% stay within banking system
Bankers expect a 150-basis-point rise in deposit levels as the initial few days into the mandated exchange of ₹2,000 banknotes ...
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Tag: bfsi
Insistence of physical visits to bank branches may be avoided, says RBI committee
Insistence on physical visits, physical presentation of documents for closure of bank accounts may be done away with if the ...
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Bank of Baroda launches facility for cash withdrawals using UPI on its ATMs
Bank of Baroda on Monday announced launch of Interoperable Cardless Cash Withdrawal (ICCW) facility wherein a customer can withdraw cash ...
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Transfer of Sahara Life business unlikely to impact SBI Life’s balance sheet
Transfer of liabilities of around two lakh policies along with assets of Sahara Life is unlikely to have a major ...
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Gupshup.io enables UPI payments on feature phones; Accelerates financial inclusion for 320 mn feature phones users
Gupshup.io, the leading conversational engagement platform is bringing the convenience of UPI payments for India’s vast swathe of people using ...
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Increase in ransomware cases in banks, RBI tells Parliamentary panel
There has been an increase in ransomware cases in banks, and data exfiltrated from such attacks and made available in ...
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IOB-led lenders group puts Sion Panvel Tollways’ ₹862-cr bad loan on sale
Lenders, led by Indian Overseas Bank (IOB), are selling '862 crore of bad loans from Sion Panvel Tollways (SPTL), the ...
Read moreRBI imposes Rs 2.2-crore penalty on Indian Overseas Bank
Reserve Bank on Friday imposed a penalty of Rs 2.20 crore on state-owned Indian Overseas Bank (IOB) for non-compliance of ...
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ICICI Bank commits ₹1,200 cr to Tata Memorial centre, largest donation made under CSR by any Indian company
ICICI Bank on Friday announced a commitment to contribute ₹1,200 crore towards Tata Memorial Centre (TMC), to expand infrastructure at ...
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Karbon Card, a B2B payment solution provider, has launched the country’s first mobile-based expense management card.
The company said the new card will help startups and small businesses that are constantly facing challenges, causing disruptions in ...
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