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
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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
Banking sector NPAs inflate by 32% in FY18
Non Performing Assets in the banking sector has inflated by 32 percent and reached to Rs 3.46 lakh crore in…
16 MAY 2018
Cryptocurrency exchange aggregator CoinSwitch launches India operations
In a bid to bring transparency and simplicity in the trade of crypto-assets, Bangalore-based CoinSwitch has unveiled its operations in…
16 MAY 2018
Allahabad Bank seizes CEO Usha Ananthasubramanian’s executive powers
Public lender Allahabad Bank has seized the executive powers of its Chief Executive Officer Usha Ananthasubramanian. The Centre has directed…
16 MAY 2018
‘Google One’ to enable low-cost data storage in Cloud
In a bid to offer low-cost storage plan to its users, Google has launched “Google One”.The tech giant has launched…
15 MAY 2018
Cabinet reshuffle: Piyush Goyal gets additional charge of finance
Minister for Railways Piyush Goyal was given an additional charge of Ministry of Finance during a cabinet reshuffle which saw…
15 MAY 2018
