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Tags Posts tagged with "Banking in India"

Tag: Banking in India

IDFC Bank introduces Aadhaar synced cashless merchant solution

Getting one step closer to digitisation, private lender IDFC Bank recently announced the nation-wide launch of Aadhaar-linked cashless merchant solution that uses a retailers'...

RBI takes U-turn, revokes Rs 5000 deposit limit for all KYC...

After facing severe flak for its controversial rule on cash deposit restrictions, Reserve Bank of India (RBI) reverses the limit partially for all KYC...

300 District co-op banks come under ED’s scanner for deposit discrepancies

Acting against Reserve Bank of India’s (RBI) alert on sudden surge in deposits in co-operative banks, the Enforcement Directorate (ED) has started investigating around...

‘Over Rs.5000 in old notes to be deposited only once before...

Finance Ministry and the Reserve Bank of India (RBI) have directed cash deposits exceeding Rs 5,000 in old notes can be deposited only once...

Govt. to launch UPI enabled Aadhaar-linked e-payments app soon

Making way for the digital India dream, the central government will soon launch a mobile application to facilitate Aadhaar-linked digital payments. The Government will reportedly...

100 banks bond with National Financial Switch network

Making way for smooth flow of ATM based cash transaction, 100 banks have recently joined National Financial Switch (NFS) network, the largest interoperable ATM...

Mobile banking usage visibly higher than last FY: RBI

Mobile banking transactions have reported a phenomenal rise in the first eight months of the current financial year. Mobile banking transactions in the reported period...

Now transfer money through mobile number using Mypoolin 

Mypoolin, the new peer-to-peer and group payments startup, is offering a new user-friendly way to transfer money to bank accounts through mobile numbers. "A person...

Free talktime for Airtel Payments bank account holders

To make a mark in the banking domain, Airtel Payment Bank, a new player in the banking space, is offering one-minute talk time to...

Jan Dhan deposits register 30 times surge post demonetisation

Pradhan Mantri Jan Dhan Yojana accounts have registered 30 times surge in deposits post demonetisation. According to the sources, PMJDY accounts have increased by...
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