BFSI Weekly Newsletter: June 16, 2015, Volume 02, Issue 23
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HDFC Bank claimed to have done a global first by rolling out a mobile phone application that will aggregate merchants' applications.

For details click here.






Utility bills valid address proof to open account: RBI
The Prevention of Money Laundering (Maintenance of Records) Rules, 2005 has been amended to provide additional relaxations for the purpose of proof of address. Read More
Western Union partners with Yes Bank to boost international remittances
Western Union is the first global money-transfer company to offer direct-to-bank services from retail agent locations and online through its website. Read More
India Post to issue 5 lakh new debit cards in next two months
The Department of Posts (DoP) started started issuing the cards from last year. So far, 10,000 debit cards have been issued. Read More
HDFC Securities appoints Dhiraj Relli as MD & CEO
Relli takes over this position from Aseem Dhru, who has moved to HDFC Bank as Group Head – Business Banking, Rural, Commodity and Agri-lending businesses. Read More
Vodafone India has joined hands with Jaipur Rugs-country's largest rug manufacturer June 9 to facilitate payments and improve the lives of many poor artisans. Read More


Pioneers in Co-op Banking in Goa

With a large number of branches operating at the village level, the Goa State Co-operative Bank has been trying its best to reach out to everyone in the State. Read More

Ulhas B Phaldessai
Chairman, Goa State Co-operative Bank
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