SBI plans to launch mobile wallet ‘Batua’ soon
The largest lender of the country—State Bank of India (SBI)—will be launching a wallet service called ‘SBI Batua’ for the…
12 NOV 2015
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No. of bank accounts shoots up, but 43% lie dormant
Following the government’s rigorous efforts to ensure one bank account for every household across the country, India has seen a…
10 NOV 2015
SBI reports 25 per cent net profit in Q2
The State Bank of India net profit rose to 25 per cent to Rs. 3879.07 crore for the second quarter…
09 NOV 2015
RBI raises concern over rising defaults in education loan
The rising defaults in the education loans have raised an alarm for Reserve Bank of India Governor Raghuram Rajan. Speaking…
09 NOV 2015
RBI advocates robust bankruptcy system
At this stage of development, banks will continue to remain central to the financial system, and the corporate bond market…
28 OCT 2015
RBI calls application for bill payment service operators
The Reserve Bank of India has invited applications from entities engaged in bill payments and desirous to operate as Bharat…
21 OCT 2015
Smart phones to turn debit, credit cards soon
If everything goes as planned, you won’t need to carry your debit or credit card every time you want to…
20 OCT 2015
ICICI Bank tops chart in mobile banking transactions
Leaving its peers behind in terms of highest number of mobile transactions, India’s largest private sector lender— ICICI Bank has…
20 OCT 2015
IRDA wants banks to share ‘Bancassurance’ mis-selling responsibility
The trend of selling insurance products through commercial banks, or Bancassurance, may be at risk, as the Insurance Regulatory &…
20 OCT 2015
Banking on Rural Odisha
“The e-Governance initiatives of the Government are now yielding desired results. By deploying new ICT systems, the Cooperation Department is enabling…
21 MAR 2014
