IBM bags $40mn deal from BTI Payments
Technology giant IBM has bagged a 7-year deal worth $40 million (about Rs 270.3 crore) from Bank Tech India (BTI)…
18 JAN 2016
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Bandhan Bank opens its first Lucknow branch
Bandhan Bank, the first example in India of a microfinance entity transforming into a commercial bank, has registered its presence…
16 JAN 2016
SBI, Snapdeal join hands to offer loan to sellers
To offer easy working capital to e-commerce players, the State Bank of India (SBI) has announced launch of SBI e-Smart SME…
16 JAN 2016
RBI nods introduction of more services on ATMs
The Reserve Bank of India has allowed banks to extend all their banking products and services through their automated teller…
15 JAN 2016
SBI walks extra mile for facilitating startups
With a view to pushing the concept of entrepreneurship by guiding and counselling new entrepreneurs in starting a new company…
15 JAN 2016
SBI opens its branch in South Korea
To enable strong economic collaboration between two countries, nations largest lender State Bank of India has opened its first branch…
14 JAN 2016
Matching financial moves through payment system
The new payment avenue for the uncarded and unbanked population is vital for the financial ecosystem nowadays, shares Gaurav Mittal,…
12 JAN 2016
UK’s CDC invests USD 50mn in Indian MicroFin institution
Making way into becoming a small finance bank, CDC, a microfinance institution of UK-based development finance entity, has invested $50…
12 JAN 2016
Union Bank unveils DigiPurse on mobile
To help consumers avail services, like transactions, bill payments, etc., in an optimum way digitally through their mobile, nationalised bank…
12 JAN 2016
Vodafone appoints Rahul Bhagat to conceptualise payments bank
To ensure that the telecom giant Vodafone India gets support to conceptualise the payment banks for the organization, it has…
11 JAN 2016
