Weekly Newsletter| 06 December 2016 | Volume 02 | Issue 47
STORY
Paytm’s wallet service to merge with payments bank
In the wake of registering an impressive growth post-demonetisation, Paytm has plans to merge its digital wallet service with payments bank. Post receiving the regulatory approvals...
CORPORATE ARTICLE
Adoption of Risk Based Supervision in Banking and Capital Markets
In 2013, RBI implemented Risk Based Supervision (RBS) for over 30 banks in India, and plans to extend it to the remaining banks...
LATEST NEWS
Hackers stealing customer information from 26 Indian banks: US report
Days after the biggest data breach in the India banking history, several banks including SBI, ICICI and HDFC Bank...
RBI’s order on 100% incremental CRR may spell trouble for banks
The Reserve Bank of India has recently ordered the banks to deposit Rs 3,24,000 crore as CRR that was mobilised by them post...
Free talktime for Airtel Payments bank account holders
To make a mark in the banking domain, Airtel Payment Bank, a new player in the banking space, is offering one-minute talk time to its customers with every rupee deposit in their savings account...
IIFL Finance to acquire Samasta Microfinance
India Infoline Finance Ltd (IIFL Finance) and its financial services firm IIFL Holdings Ltd are all set to to acquire Bengaluru-based microlender Samasta Microfinance Ltd...
YES Bank to launch m-banking for phones via SIM card solution
Amid the problems being faced due to demonetisation, payment providers are striving in innovating new digital payment...
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