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80% players comply with RBI data localisation norms:  sources

Nearly 80 percent of the companies from the payment industry has complied with the deadline of the norms for local storage of data issued...


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SBI set to buy loan assets worth up to Rs 45,000 crore from NBFCs

India’s largest lender the State Bank of India (SBI) is planning to purchase loan assets worth Rs 45,000 from Non-Banking Financial Companies (NBFCs) for...

Ex-SBI Chief Arundhati Bhattacharya likely to join Piramal’s financial services

Former State Bank of India (SBI) Chairman Arundhati Bhattacharya is most likely to join Piramal’s financial services business after her cool-off period ended last week. Bhattacharya, 62, is...

Digital Payments

India’s IMPS tops the global payments innovation list

India's real-time Money Transfer Platform IMPS has ranked as the top global payments innovation by US-based research firm Fidelity National Information Services (FIS). IMPS was...

Paytm to invest Rs 200 crore to boost UPI usage 

Digital payments giant Paytm has planned to make an investment of Rs 200 crore to boost the usage of Unified Payments Interface (UPI) based...
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