Weekly Newsletter | 14 June 2016 | Volume 02 | Issue 22
In Focus
PSU banks need Rs 1.2 lakh-cr infusion from Govt, says Moody’s analysis
Moody’s Investors Service on Friday said that in order to strengthen balancesheets of public sector banks, Government will have to infuse...
Latest News
In a first, DCB Bank launches Aadhaar-enabled ATM in Bengaluru
In a bid to facilitate transaction without debit card and PIN, DCB Bank has unveiled Bengaluru’s first ATM that accepts Aadhaar number and Aadhaar fingerprint...
India Post Payments Bank to open 650 branches in all major districts
Communications and IT Minister Ravi Shankar Prasad has said that Department of Posts’ payment bank will establish 650 branches by September 2017...
IFC emerges as top contender to buy IDBI stake
International Finance Corporation (IFC)— private sector lending arm of the World Bank has become the top contender to buy around 15 per cent in government...
SBI, CaixaBank sign MoU to fund Indo-Spanish JVs
Country’s largest lender- State Bank of India (SBI) and Spain’s CaixaBank have signed an agreement to provide financial support to Indo-Spanish joint ventures (JVs)...
SWIFT for Corporate adoption accelerates for money transfer company
SWIFT has announced that there is surge in money transfer corporates in Asia-Pacific joining SWIFT, and this is a new segment market. ONEPIP, PayGate and MaxMoney...
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