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
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‘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
Vodafone launches M-Pesa PAY, new cashless payment gateway for Merchants
To promote digital India dream, Vodafone has recently launched M-Pesa PAY, a digital payment platform for merchants and retailers. The…
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
Ola Cabs, Yes Bank join hands to launch mobile ATMs in India
Private lender Yes Bank and cab hailing app Ola are all set to launch mobile ATMs to enable convenient cash…
12 DEC 2016
Adoption of Risk Based Supervision in Banking and Capital Markets
Adoption of Risk Based Supervision in Banking and Capital Markets In 2013, RBI implemented Risk Based Supervision (RBS) for over…
06 DEC 2016
Paytm’s wallet service to merge with payments bank
In the wake of registering an impressive growth post-demonetisation, Paytm has plans to merge its digital wallet service with payments…
06 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
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
