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
Financial Services
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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
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
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
Bank of Baroda appoints its new MD & CEO Capital Markets
Public sector lender Bank of Baroda has announced the appointment of Ratnesh Kumar as the new Managing Director and CEO…
10 NOV 2016
PNB likely to quit IBA wage packages to retain talent
Planning to move out of the conventional Indian Banks Association (IBA)-led wage settlement, the state-run Punjab National Bank (PNB) is…
09 NOV 2016
