BFSI Weekly Newsletter: February 3, 2015, Volume 02, Issue 05 | ||||
Engagement Platform to chart the growth path for banking, financial services and insurance industry in India.
Stay abreast with Challenges, Innovations and Opportunities in the BFSI sector.
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RBI had extended the deadline for the submission of applications to open small finance banks and payments banks to 2 February from 16 January.
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For retail term deposits in 7-45 days maturities interest rates have been increased by
100-175 points. Read More HDFC Bank is planning to introduce a new app, Chillr, which will allow users to send money to any contact in their phone books, 24 hours a day, seven days a week.
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The government has invited applications for appointment of whole-time members at Insurance Regulatory and Development Authority of India (IRDA).
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As many as 11.5 crore bank accounts have been opened under the PMJDY, exceeding the enhanced target of 10 crore and covering 99.74 per cent of households.
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Cashing in on Tech Edge
Ours is the first private bank to offer a solution to farmers using a RuPay card. As a bank, we act as partners and trusted advisors to our clients, so as to leverage the utility and effectiveness of cutting-edge technology.
Tushar Trivedi
Executive Vice President, Kotak Mahindra Bank |
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