RBI’s order on 100% incremental CRR may spell trouble for banks
The Reserve Bank of India has recently ordered the banks to deposit Rs 3,24,000 crore as CRR that was mobilised…
01 DEC 2016
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RBL Bank, Oxigen wallet start micro ATM vans for doorstep transactions
To ease up the cash crunch situation post demonetisation, private sector lender RBL Bank and digital money wallet Oxigen have…
28 NOV 2016
Top private banks waive debit card charges for merchants
Leading private lenders ICICI Bank, Axis Bank and Yes Bank have now joined their other public sector counterparts for waiving…
24 NOV 2016
Government saved Rs 36,000 crore via JAM: Minister
The joint power of Jan Dhan, Aadhar and Mobile, also known as JAM, has helped the government save leakages worth…
16 NOV 2016
Axis Bank to launch ‘intelligent’ chat bots for customers
Axis Bank, the third largest private bank of India, has partnered with Singapore-based Fintech platform to launch intelligent ‘Banking Chat…
16 NOV 2016
12 things that emerged from Modi’s demonetisation review meeting
Amidst severe criticism from the Opposition and a section of discontented citizens, Prime Minister Narendra Modi chaired a high-level meeting…
14 NOV 2016
SBI gets old notes worth Rs 38,677 in just two days
The State Bank of India (SBI), India’s largest public sector lender, collected Rs 38,677 crore in deposits and exchanged old…
12 NOV 2016
IT Dept asks banks to report deposits over Rs 2.5 lakh
To keep a close eye on unaccounted money deposited in bank accounts, Income Tax (I-T) Department has asked various banks…
12 NOV 2016
All SBI ATMs likely to be functioning today
Giving some respite to the common people struggling to withdraw money from banks across the nation, India’s largest public sector…
12 NOV 2016
India’s first banking humanoid makes debut in Chennai
Taking artificial intelligence (AI) to a whole new level, India’s first banking robot Lakshmi has made a debut in Tamil…
11 NOV 2016
