BFSI Weekly Newsletter: November 3, 2015, Volume 02, Issue 43
Our unique, controlled business-to-business circulation reaches a wide and powerful audience with focus on current trends & technology in the BFSI sector. It is carefully distributed to high-readership areas in conjunction with typical business subscriptions and membership organisations.
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Remittance service start-ups choking forex inflow!
Growth of remittances is hindered by the high cost of sending money, says a World Bank report. A number of start-ups into the remittance space eat away a sizeable part of the money thus sent in... Read More





RBI advocates robust bankruptcy system
At this stage of development, banks will continue to remain central to the financial system and the corporate bond market will play a role, though not the predominant role, says a senior RBI official... Read More
Banks’ IT spend to go up 9.8% to Rs49.9k-cr in 2015
Indian Banking and securities companies are turning more tech-savvy as they are likely to increase focus in buying IT services, a move that will ultimately improve customer services, estimates Gartner... Read More
NPCI to receive funds from foreign, private banks
The National Payments Corporation of India is all set to receive funding from a host of foreign and private banks as it started increasing its paid-up capital by broad-basing its stakeholder base? Read More
Oxigen seeks to raise Rs 1,300cr for new online entity
Oxigen Services is planning to break away from its online business that runs Oxigen wallet into a separate company and is in talks with investors to raise Rs 1,300 crore to build a new brand?Read More


Fingerprints Can Err, Iris Can't
The iris technology is almost a foolproof identification technology, says Tamaal Roy, CEO, Biomatiques Identification Solutions, in conversation with Rachita Jha of Elets News Network (ENN).
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Tamaal Roy
CEO, Biomatiques Identification Solutions

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