Retail biz to account for 20% of advances, says IDFC Bank chief
The IDFC Bank hopes retail sector to account for one-fifth of advances and 10-12 percent of deposits by end of…
28 JUL 2016
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Yes Bank Q1 profit reaches Rs.731.8 crore, up 33%
Private sector lender YES Bank’s net profit grew 32.8 percent in the first quarter of this fiscal (FY17) to Rs.731.8…
28 JUL 2016
Centre infuses Rs 22,915 crore in PSBs
The Centre has infused Rs 22,915 crore in Public Sector Banks (PSBs) to ensure that they can step up credit,…
20 JUL 2016
SWIFT’s initiative to transform cross-border payments
As many as 73 banks worldwide have now joined SWIFT’s global payments innovation initiative, which is designed to improve the…
29 JUN 2016
Bankers meet central agencies to discuss resolution of bad loans
The Reserve Bank of India (RBI) on Wednesday convened a meeting between public sector banks, Banks Board Bureau, Central Bureau…
16 JUN 2016
Chillr’s ‘Mass Pay’ app to enable easy bulk payments
Chillr, a leading Indian mobile payment app, has launched a new payment service, called ‘Mass Pay’, to improve its services…
19 APR 2016
India Post picks up Deloitte as consultant for payments bank
Deloitte, a New York based multinational professional services firm, has been selected by India Post as their consultant to set…
15 MAR 2016
Accessing payment service ‘anytime, any place’
In the world of easy accessibility, it makes 24X7 banking a reality for common man, there are no holidays for…
04 FEB 2016
RBI will ease norms for funding to startups, says Governor
To facilitate growth of startup movement in India, the Reserve Bank of India (RBI) will ease regulations to allow startups to…
03 FEB 2016
RBI’s key lending rates on hold
India’s central bank has ahead of the federal budget for the next fiscal, taken a crucial step by keeping its…
02 FEB 2016
