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
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SBI owns the world’s eighth-biggest online banking site
The State Bank of India, or SBI, has become the world’s eighth biggest online banking site, with the bank’s website,…
29 MAR 2016
OBC plans to acquire Rs170cr capital from LIC
The Oriental Bank of Commerce (OBC) has plans to raise Rs170cr capital by issuing 20 million shares to Life Insurance…
22 MAR 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
Microsoft targets Indian banks for cloud business
Technology giant Microsoft finds Indian market suitable for growth of cloud computing. Special focus is on financial services where companies…
15 MAR 2016
RBI on track towards handling bad loans, says IMF
The Reserve Bank of India (RBI) has taken right measures to deal with the state-run banks’ huge non-performing assets (NPAs)…
14 MAR 2016
Tougher law proposed to tame ponzi schemes
A high-level Inter-Ministerial Group assigned the task to suggest measures to curb ponzi schemes has submitted its report to the government. It has suggested…
14 MAR 2016
Evolis turns world leader in instant payment cards issuance
World’s top firm for personalisation systems of plastic cards, Evolis, has crossed a target of selling 50,000 systems for the…
27 FEB 2016
Govt to promote online payment through cards and digital means
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the introduction of steps to promote payments…
26 FEB 2016
SBI ties up with Snapdeal, to offer loans to eCommerce ventures
The State Bank of India is all set to launch SBI e-Smart SME to provide easy loan to online e-commerce…
23 FEB 2016
