Aadhaar helped eradicate 99 lakh fake beneficiaries in Maharashtra
Aadhaar has helped in replacing 99 lakh bogus beneficiaries from Public Distribution System (PDS) with the help of Aadhaar-enabled PDS…
22 MAY 2018
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SBI’s Home Loans for NRIs: Eligibility, tenure and Key points
Sensing a sizeable market in Indian diaspora living and working overseas now, the State Bank of India (SBI), India’s largest…
21 MAY 2018
IDBI Bank gets two independent directors on its board
Following the resignation of two board members last week, public lender IDBI Bank has announced the appointment of two new…
21 MAY 2018
PayMate acquires digital lending platform Zaitech
PayMate, a start-up functioning in the business-to-business (B2B) payments space, has acquired digital lending platform Zaitech Technology, signalling its interest…
21 MAY 2018
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
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
