H N Sinor quits Bank Board Bureau
In an unexpected move, veteran banker H N Sinor has quit as the member of Bank Board Bureau (BBB). The…
13 MAY 2017
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MobiKwik to spend Rs 500 crore on merchant and user acquisition
Digital payments giant MobiKwik has announced the investment of Rs 500 crore by 2018 towards merchant and user acquisition. “We…
12 MAY 2017
Digital payments jump by 57% in FY17
Indicating an acceptance towards a cashless society, digital payments have reported an increase of 57% year-on-year in the last fiscal.…
12 MAY 2017
YES Bank join hands with CashKaro to offer coupon-less cashback
Private sector lender YES Bank has partnered with CashKaro, the country’s largest to cash-back firm to launch the first card-linked…
09 MAY 2017
Union Bank records 12.5 % net profit rise in Jan-March
Robust growth in non-interest income and reversal in tax provisions helped the Union Bank of India to record a 12.5…
09 MAY 2017
SBI slashes home loan rates in affordable housing push
The State Bank of India (SBI) has cut rates on home loans of up to Rs30 lakh by 25 basis…
09 MAY 2017
Centre assessing PSU banks’ recapitalisation needs
The government is re-assessing recapitalisation requirement of the State-owned banks reeling under stressed assets worth Rs 6 lakh crore with stricter…
09 MAY 2017
Airtel collaborate with Ola for joint digital offerings
Telecom giant Bharti Airtel has partnered with Ola to offer a range of digital services to customers. Airtel Payments Banks…
09 MAY 2017
EPFO rules revised to enable e-payments
In a bid to promote the usage of digital payments, the labour ministry has amended the social security schemes run…
09 MAY 2017
New Delhi trails Beijing by 13 years: China
Stating that India’s present Gross Domestic Product is roughly that of China in 2004, Chinese ambassador to India Luo Zhaohui…
08 MAY 2017
