Union Bank takes digital initiatives with M-passbook & more
Union Bank of India launched a slew of initiatives such as immediate payment service (IMPS) through branches for its retail…
07 JUL 2015
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LIC targets 3 crore new policy sales this year worth around Rs 31,000 cr
Life Insurance Corporation (LIC) has set the target of selling as many as 3 crore new policies worth around Rs…
06 JUL 2015
Corporation Bank launches MUDRA Card based on Rupay platform
The Government has launched the MUDRA Card, based on Rupay platform. Hasmukh Adhia, Secretary, Department of Financial Services, Ministry of…
06 JUL 2015
MasterCard testing face recognition ‘selfie’ app
MasterCard is reportedly experimenting with a smartphone app that allows people to confirm their identity and authenticate online transactions via…
06 JUL 2015
50% Internet users globally feel branch banking is safer: Report
Almost half of internet users believe traditional over-the-counter banking is safer than banking online, according to a survey by Kaspersky…
30 JUN 2015
Banks come forward to finance entrepreneurs
The Bank of Maharashtra and MUDRA Bank have signed an agreement to finance new entrepreneurs and small businesses. In the…
29 JUN 2015
Banks can borrow from global financial institutions without RBI nod
The Reserve Bank of India (RBI) allowed banks to borrow from international financial institutions for general banking business without seeking…
26 JUN 2015
SBI appoints Anshula Kant as CFO
State Bank of India (SBI) has appointed Anshula Kant as its Chief Financial Officer (CFO). “Anshula Kant has been designated…
26 JUN 2015
Indian economy resilient but no room for complacency: RBI report
The Reserve Bank of India (RBI) released the Financial Stability Report (FSR) June 2015, the eleventh issue of its half…
26 JUN 2015
SAP to help banks, insurance cos enhance data analysis processes
SAP SE announced a new foundational offering that aims to help financial services and insurance companies better manage their integrated…
23 JUN 2015
