Around 24 banks sign-in for Project Sashakt to combat NPAs
In a bid to speed up the recovery of Non-Performing Assets (NPAs), around 24 banks have signed inter-credior agreement (ICA)…
25 JUL 2018
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Federal Bank gets RBI’s nod, set to enter Bahrain, Kuwait, Singapore
Kochi-based private sector lender Federal Bank has received the final regulatory approval from the Reserve Bank of India (RBI) to…
23 JUL 2018
ATMs on fraud risk, 74% PSB ATMs run on outdated software
ATMs machines in India are running on high fraud risk and as high as 74 per cent of these machines…
21 JUL 2018
Allahabad Bank likely to shut Hong Kong branch
For rationalisation of its overseas operations, public lender Allahabad Bank is proposing to shut its Hong Kong branch. This move is…
21 JUL 2018
Here comes the Lavender: RBI to issue new Rs 100 notes soon
The Reserve Bank of India (RBI) will very soon be issuing Rs 100 banknotes of base colour Lavender. This will…
19 JUL 2018
FSS paves way for Digital India through eFinclusiv
In a bid to promote financial inclusion, leading payments and fintech brand FSS has announced the launch of eFinclusiv, a…
19 JUL 2018
Payswiff unveils its brand new Android PoS
India’s leading fintech firm Payswiff has launched its Android Point of Sale (PoS) in Hyderabad. The new device was unveiled…
19 JUL 2018
ICICI gets RBI’s nod to appoint Girish Chandra Chaturvedi as non-exec chairman
Private lender ICICI Bank has received the final nod from the Reserve Bank of India (RBI) to appoint Girish Chandra…
18 JUL 2018
Finance Ministry grants Rs 11,336 cr capital infusion in PSBs
The centre has given the final nod to the capital infusion of Rs 11,336 crore in five Public Sector lenders,…
18 JUL 2018
PhonePe acquires POS platform Zopper Retail
In a bid to ramp up its offline business, Flipkart’s digital payment arm PhonePe has acquired Zopper Retail-a Point of…
17 JUL 2018
