ICICI, Axis Bank join SWIFT’s global payments innovation initiative
Global payments leader SWIFT has announced that ICICI Bank and Axis Bank have become the first Indian banks to sign up…
25 JUL 2016
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RuPay credit card launching in December
The National Payments Corporation of India (NPCI) is all set to launch RuPay credit card by this December, a top…
25 JUL 2016
SWIFT’s initiative to transform cross-border payments
As many as 73 banks worldwide have now joined SWIFT’s global payments innovation initiative, which is designed to improve the…
29 JUN 2016
UPI to become available for public use next month
National Payments Corporation of India’s (NPCI) Unified Payments Interface (UPI) which was launched in April is all set to become…
22 JUN 2016
Mobile banks for unbanked Gram Panchayats on cards in Odisha
In its bid to provide banking services in the unbanked gram panchayats, Odisha government is contemplating to join hands with…
21 JUN 2016
SBI possesses largest PoS network in India
Reserve Bank of India’s (RBI) latest data has brought cheers to country’s largest lender— State Bank of India (SBI) which…
31 MAY 2016
Kotak Mahindra Bank registers rise in earnings
Kotak Mahindra Bank has posted a 32 per cent rise in its net profit for the quarter ended March 2016.…
12 MAY 2016
New Development Bank inks ‘preferred partner’ MoU with ICICI Bank
Country’s largest private sector lender ICICI Bank has inked a Memorandum of Understanding (MoU) to establish a strategic partnership with…
06 MAY 2016
SBI launches mobile app to enable card-less payments
In a move to enable customers to make payments without swiping their cards on the point-of-sale (PoS) devices, State Bank…
05 MAY 2016
ICICI Bank cuts interest rates on bulk deposits by 15-25 bps
In a move that may dishearten people, ICICI Bank Ltd has slashed interest rates on bulk deposits by 15-25 basis…
03 MAY 2016
