Centre expects banks to write back over Rs 1 lakh cr with clearance of 12 major NPAs
Union Ministry of Finance is expecting the banks to get back over Rs 1 lakh crore with the resolution of…
21 MAY 2018
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Infosys joins hands with 7 banks for blockchain-based solution
To prevent possibilities of bank frauds, and optimising efficiency in services’ delivery, Infosys recently formed a blockchain –based trade finance…
18 MAY 2018
PayPal acquires payments startup iZettle for $2.2 bn
PayPal is planning to buy Swedish online commerce startup iZettle in a deal worth $2.2 billion. US-based brand PayPal, a…
18 MAY 2018
Finance Minister Piyush Goyal places 11 PSBs under RBI’s ‘Prompt Corrective Action’
To put a check on the deteriorating financial health of banks in the country, Union Minister of Finance Piyush Goyal…
18 MAY 2018
Freecharge eyes entry into lending and insurance space
With a view to broaden its existing basket of offerings, digital payments facilitator Freecharge is said to be mulling its…
18 MAY 2018
RBI modifies norms for setting up IFSC Banking Units
In a bid to set up International Financial Services Centres (IFSCs) Banking Units (IBUs), the Reserve Bank of India (RBI)…
18 MAY 2018
Paytm bags 100 million KYC compliant customers
Country’s digital payments major Paytm has announced that more than 100 million of its mobile wallet customers have completed Know-Your-Customer…
17 MAY 2018
SBI receives over 26 lakh applications for PO, clerk exams
The public sector lender the State Bank of India (SBI) received more than 26 lakh applications for the recently announced…
17 MAY 2018
Bitcoin to exploit 5% of world’s electricity by 2018 end: Study
The rising electricity demands of Bitcoin have attracted as much attention as the fluctuating value of the most speculated virtual…
17 MAY 2018
Deutsche Bank takes over Fintech Startup Quantiguous
Private lender Deutsche Bank has acquired Mumbai based fintech startup Quantiguous. However, the size of the deal has not been…
17 MAY 2018
