Citrus launches easy-to-use SplitPay solution
Citrus has launched SplitPay, an automated marketplace payment solution that can be implemented by any marketplace business across various categories.…
22 DEC 2015
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RBI tells banks to enable mBanking at ATMs by March 31
The Reserve Bank of India has asked the banks participating in the National Financial Switch (NFS) to enable customer registration…
21 DEC 2015
India biggest remittance receiver in 2015, says World Bank
India became the largest remittances receiving country at USD72bn this year followed by China at USD64bn, the World Bank has…
21 DEC 2015
RuPay cards: Visa, MasterCard accuse govt of monopolistic practice
Used as a major tool in the execution of government’s ambitious financial inclusion programme, Pradhan Mantri Jan-Dhan Yojana, RuPay debit…
21 DEC 2015
A year flies by for prestigious govt programme PMJDY
The ambitious financial inclusion project of the current government, namely the Pradhan Mantri Jan Dhan Yojana (PMJDY), has flown through…
18 DEC 2015
1.25 lakh post offices to get ATMs, says minister
Work is on to install autimated Teller Machines (ATMs) and micro ATMs at over 1.25 lakh post offices across the…
18 DEC 2015
Finance Ministry to invest Rs5,000cr into PSBs
The Ministry of Finance will invest Rs500cr in public sector banks (PSBs) to boost their capital. However, it will depend…
15 DEC 2015
SBI works on plan to turn into fully digital bank
In keeping with the changing times and to beat the competition from the private sector banks, the largest public sector…
14 DEC 2015
PSU banks slack in acting against wilful defaulters
Cases of wilful defaults are on the rise, with the number of such defaults in public sector banks (PSBs) reaching…
14 DEC 2015
EPFO funds to cross Rs.10 lakh-crore mark this month
Savings of the employees of various organisations towards port-retirement benefits is set to cross Rs.10 lakh-crore mark by year-end, according…
14 DEC 2015
