BFSI Weekly Newsletter: July 28, 2015, Volume 02, Issue 29
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The National Payments Corporation of India (NPCI) has received in-principle approval to introduce interoperable cash deposit facility of up to Rs. 46,999 per customer, using the national financial switch. Read More





Canara Bank ups ATM installation target to 1,000 this fiscal
According to Finance Ministry data, Canara Bank had earlier planned to install 250 such machines in 2015-16. In the first quarter, the bank reportedly installed 506 ATMs. Read More
IndusInd Bank completes acquisition of RBS bullion financing business
With the acquisition, the bank is expected to enhance its position in the segment of diamond and jewellery financing. Read More
Bandhan Bank to open 14 branches in south Indian states
Bandhan Bank announced it will open 14 branches in the five southern states - Karnataka, Kerala, Tamil Nadu, Andhra Pradesh and Telangana. Read More
According to report, the bank is planning to start operation from October 1 with an initial loan book of around Rs 55,000 crore. Read More
Barclays has corporate banking hubs in Singapore, India, Hong Kong and Japan. According to report, the bank plans to increase revenues significantly. Read More


'Banker to Every Indian' Thrives on IT Tools

The initiative of 'Chhota ATM' has turned out to be a big success towards reaching out to remote areas. Read More

Sudhir Dubey
Chief General Manager (Mumbai Circle), Bank of India
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