SBI plans to launch mobile wallet ‘Batua’ soon
The largest lender of the country—State Bank of India (SBI)—will be launching a wallet service called ‘SBI Batua’ for the…
12 NOV 2015
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No. of bank accounts shoots up, but 43% lie dormant
Following the government’s rigorous efforts to ensure one bank account for every household across the country, India has seen a…
10 NOV 2015
Fintech investment up $3.5bn in Asia-Pacific: Accenture
Investments in financial technology (fintech) across Asia-Pacific have increased to nearly $3.5 billion in first nine months of 2015, according…
09 NOV 2015
IDFC Bank sees sizable expansion over next five years
New private sector IDFC Bank is looking to fill up the space, which has been a constraint for the public sector…
09 NOV 2015
SBI reports 25 per cent net profit in Q2
The State Bank of India net profit rose to 25 per cent to Rs. 3879.07 crore for the second quarter…
09 NOV 2015
RBI raises concern over rising defaults in education loan
The rising defaults in the education loans have raised an alarm for Reserve Bank of India Governor Raghuram Rajan. Speaking…
09 NOV 2015
Exim Bank of India signs MOC with GoCoop
Export-Import Bank of India (EXIM Bank) today signed a Memorandum of Cooperation (MOC) with GoCoop Solutions and Services Pvt. Ltd.…
06 NOV 2015
Retail banks buckle up for innovation race, globally
A global not-for profit organisation, Efma has launched the seventh annual study of ‘Innovation in retail banking’ which highlights that…
05 NOV 2015
Deepak Singhal is new RBI Executive Director
The Reserve Bank of India has appointed Deepak Singhal as the Executive Director of the bank ,with effect from Nov…
03 NOV 2015
Remittance service start-ups choking forex inflow!
Remittances from the Indians staying abroad have been the country’s traditional source of enriching the foreign currency reserves, with the…
03 NOV 2015
