Latest Updates

Rajnish Kumar elected as Indian Banks Association’s new chairman

Public sector lender the State Bank of India’s Chairman Rajnish Kumar has been elected as Indian Banks Association (IBA) new chairman for fiscal 2019-20. The...

Former IMF chief Christine Lagarde named head of European Central Bank

European Union leaders have appointed Christine Lagarde as the new head of the European Central Bank. At European Central Bank, Lagarde will be replacing...

NBFCs

Sachin Bansal

Sachin Bansal acquires Chaitanya Rural, becomes CEO

Flipkart’s co-founder Sachin Bansal has acquired majority stake in Bengaluru-based microfinance company Chaitanya Rural Intermediation Development Services (CRIDS). With this, he entered the world...
rbi

RBI combines key departments to strengthen regulation for banks, NBFCs

In a bid to curb the menace of rising financial frauds, the Reserve Bank of India (RBI) has merged several of its departments. To tighten...

Digital Payments

WhatsApp

WhatsApp set to meet data localisation norms, soon to roll out...

The social messaging app WhatsApp will soon be allowed to roll out its payments service as it is set to meet the data localisation...
Vikas Varma

Mastercard India names Vikas Varma as Chief Operating Officer

Global payments player Mastercard has elevated Vikas Varma as its Chief Operating Officer. Vikas is associated with Mastercard since 2005 and held several leadership...

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