RBI Governor stresses on use of technology to cut costs
In an award function organised by the Institute for Development and Research in Banking Technologies, RBI Governor Raghuram Rajan emphasised…
24 OCT 2015
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RBI calls application for bill payment service operators
The Reserve Bank of India has invited applications from entities engaged in bill payments and desirous to operate as Bharat…
21 OCT 2015
Smart phones to turn debit, credit cards soon
If everything goes as planned, you won’t need to carry your debit or credit card every time you want to…
20 OCT 2015
ICICI Bank tops chart in mobile banking transactions
Leaving its peers behind in terms of highest number of mobile transactions, India’s largest private sector lender— ICICI Bank has…
20 OCT 2015
IRDA wants banks to share ‘Bancassurance’ mis-selling responsibility
The trend of selling insurance products through commercial banks, or Bancassurance, may be at risk, as the Insurance Regulatory &…
20 OCT 2015
RBI to issue more bank licences, says Mundra
After clearing the decks for 23 new entities to foray into the banking space, the Reserve Bank of India (RBI)…
20 OCT 2015
PM inaugurates IDFC Bank, talks of banking sector reforms
Prime Minister Narendra Modi formally launched IDFC Bank in New Delhi on Monday. IDFC Bank, which received a universal banking…
20 OCT 2015
Insurance index needed to measure financial, social progress: Study
The government should set up an index for insurance penetration to be quantified as a measure of financial and social…
19 OCT 2015
Kotak rolls out mobile banking app with no internet
As part of its digital banking initiative, Kotak Mahindra Bank (KMB) has announced the launch of a mobile solution that requires…
14 OCT 2015
Jan Dhan deposits cross Rs. 25000 crore mark
Deposits in accounts opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY) have exceeded Rs. 25,000 crore which has come…
14 OCT 2015
