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…
26 DEC 2016
Banking in India
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RBI takes U-turn, revokes Rs 5000 deposit limit for all KYC accounts
After facing severe flak for its controversial rule on cash deposit restrictions, Reserve Bank of India (RBI) reverses the limit…
21 DEC 2016
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)…
21 DEC 2016
‘Over Rs.5000 in old notes to be deposited only once before Dec 30’
Finance Ministry and the Reserve Bank of India (RBI) have directed cash deposits exceeding Rs 5,000 in old notes can…
20 DEC 2016
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…
19 DEC 2016
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,…
13 DEC 2016
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…
13 DEC 2016
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…
10 DEC 2016
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…
06 DEC 2016
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…
24 NOV 2016
