Second-factor authentication not needed for small transactions: RBI
The Reserve Bank of India reportedly said that banks can allow contactless card transactions upto Rs 2,000 without PIN authentication.…
16 MAY 2015
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Syndicate Bank appoints Arun Shrivastava MD & CEO
Syndicate Bank appointed Arun Shrivastava as Managing Director (MD) and Chief Executive Officer (CEO) of the bank. “Arun Shrivastava, earlier…
16 MAY 2015
Mahindra Finance eyes 50 per cent stake in proposed payment bank
Mahindra Finance eyes 50 per cent stake in proposed payment bank, for which a group entity has applied for a…
13 MAY 2015
KV Kamath appointed first chief of BRICS bank
India’s one of the well-known private bankers, KV Kamath has been appointed as the head of the New Development Bank…
12 MAY 2015
PMO to review steps to check loan frauds
The Prime Minister’s Office (PMO) has called a meeting of Finance Ministry officials on Thursday to review steps to tackle…
11 MAY 2015
Canara Bank, Oriental Bank of Commerce cut lending rates by up to 0.25%
The state-owned lenders Canara Bank and Oriental Bank of Commerce (OBC) cut base rates to 10 per cent, which will…
11 MAY 2015
HDFC enters top 10 list of consumer finance firms
After giants like American Express, Visa and Mastercard, HDFC has emerged as the only Indian company to enter among the…
11 MAY 2015
Denmark set to go completely cashless
With a view to reducing costs and increasing productivity for the businesses, Denmark will soon be giving shops and restaurants…
09 MAY 2015
SBI opens rupee exchange counters at Kathmandu airport
State Bank of India’s (SBI) subsidiary in Nepal has opened exchange counters at the Kathmandu airport to help Indians convert…
04 MAY 2015
RIICO reduces interest rates on term loan by 0.5%
Rajasthan Industrial and Investment Corporation (RIICO) has reduced the interest rate on term loan by 0.5 per cent with effect…
04 MAY 2015
