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
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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
RBI advises caution in meger of commercial banks
RBI supports mergers among commercial lenders but they have to be focused and strategic, RBI Deputy Governor S S Mundra…
14 DEC 2015
Cashless transactions exceed paper-based transactions
India’s journey towards becoming a cashless economy seems smooth, at least going by the figures released by RBI on virtual…
08 DEC 2015
NPCI proposes iris-based authentication system
For the first time in the country, the National Payments Corporation of India (NPCI) is planning to introduce an iris-based…
08 DEC 2015
Small govt transactions may go fully cashless
e-payments may be made mandatory for small government transactions In a move with far-reaching implications, the government has decided to…
08 DEC 2015
Paytm ropes in ICICI Bank, launches virtual prepaid cards
Paytm has launched virtual prepaid cards through which the users can make online as well as offline purchases. To provide…
08 DEC 2015
AIA group to buy 23% more into Tata AIA Life Insurance
AIA group has announced that it will raise stake in the Tata group life insurance venture to 49 per cent…
07 DEC 2015
IRDA to launch health insurance information portal
Aiming to bring all information relevant to health insurance on one platform, the Insurance Regulatory and Development Authority (IRDA) has decided…
07 DEC 2015
