Data breach: Finance Ministry demands report in 10 days
The Reserve Bank of India (RBI) and various other agencies involved in the country’s largest banking security breach are taking…
24 OCT 2016
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US regulators propose tough cybersecurity plan for big banks
Aiming to protect big American banking institutions with $50 billion or more in assets from cyber attacks, three federal banking…
24 OCT 2016
FM promises strict action on debit card security breach
In a bid to pacify around 3.2 million debit card users affected by India’s greatest banking security breach, Finance Minister…
22 OCT 2016
RGVN Microfinance to step into small finance bank operations
RGVN Microfinance (North East) Ltd is gearing up to commence its small finance operations by mid-January. It is awaiting the…
20 OCT 2016
SBI, Axis and BSE admit facing cyber threat
Financial institutions namely State Bank of India, Axis Bank and BSE, admitted of having faced cyber threat in the last…
20 OCT 2016
PNB housing bags Sebi’s approval for Rs 2500 crore IPO
India’s leading housing firm PNB has received a nod from capital markets regulator Sebi’s to raise Rs 2,500 crore through…
13 OCT 2016
ICICI Bank adapts blockchain technology for banking transaction
ICICI Bank has become the first of its kind bank in India to adapt blockchain technology for completing a banking…
13 OCT 2016
Utkarsh Micro Finance raises Rs 395 crore, adheres to RBI norm
Adhering to RBI’s norm pertaining to banking operations,small finance bank license holder Utkarsh Micro Finance has raised Rs 395 crore…
13 OCT 2016
Banks go innovative to ensure loan repayments
Finding a way out on the Reserve Bank of India ’s notification of not shaming the loan defaulters,several banks are…
12 OCT 2016
Standard Chartered bank to grow commercial banking business by 10 %
The country’s largest foreign lender bank in terms of branches, Standard Chartered, is now aiming to expand its corporate client…
12 OCT 2016
