Capital Local Area Bank to be India’s first small area finance bank
Jalandhar-based Capital Local Area Bank (CLAB) is set to become India’s first small area finance bank (SFB) by commencing its operations…
08 MAR 2016
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SWIFT India goes live
SWIFT India Domestic Services Pvt Ltd (“SWIFT India”) celebrated its go-live ceremony. SWIFT India is a joint venture created by…
08 MAR 2016
Flipkart launches its digital wallet ‘Flipkart Money’
Taking one step forward in the direction of digital payment business, Flipkart has launched its own digital wallet – ‘Flipkart…
04 MAR 2016
Payworld launches cash point for ATM-scarce areas
Most people holding a Debit / Credit card of commercial banks face challenges in withdrawing cash when they travel to…
04 MAR 2016
Govt will explain tax on PF withdrawls
Even as the announced Budget 2016-17 is favouring much the rural sector, few of the tax proposals announced by Finance…
01 MAR 2016
FM allocates Rs 25,000cr for state-run banks’ recapitalisation
Announcing the Union Budget 2016, the Finance Minister, Arun Jaitley, has allocated Rs 25,000 crore towards the recapitalisation of high-levels…
01 MAR 2016
Evolis turns world leader in instant payment cards issuance
World’s top firm for personalisation systems of plastic cards, Evolis, has crossed a target of selling 50,000 systems for the…
27 FEB 2016
Economic survey reveals mobile coverage across states
Enhanced mobile payments technology, along with 4G introduction will prove to be a game changer, facilitating the implementation of government’s…
27 FEB 2016
LIC buys 59 per cent of NTPC’s OFS
The Life Insurance Corporation of India (LIC) bought a majority of shares in a five per cent NTPC stake sale…
27 FEB 2016
Govt to promote online payment through cards and digital means
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the introduction of steps to promote payments…
26 FEB 2016
