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
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Supreme Court orders ED action against 800 errant firms
The Supreme Court appointed Special Investigation Team (SIT) on black money has ordered the Enforcement Directorate (ED) to act against…
23 JUL 2016
Better interest margins push Vijaya Bank Q1 profit up 13%
Public sector Vijaya Bank has reported a 13.37 per cent rise in net profit to Rs 161.66 crore for the…
23 JUL 2016
Income Tax Dept to act tough against high value non-PAN deals
The Income Tax Department is all set to act on certain high-value non-PAN transactions that were reported to it under…
23 JUL 2016
India retains No. 1 position with $68.9bn remittances
The recent decline in remittances globally has not affected India’s position of world’s number one remittance source as Indians in…
19 APR 2016
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
Third-party motor vehicle insurance costlier by 10-40%
The Insurance Regulatory and Development Authority of India’s (IRDAI) has decided to hike third party motor insurance premiums for 1000CC…
29 MAR 2016
State-run banks to get Rs. 5,050Cr govt support
The state-run banks are likely to get a sum of Rs.5,050Cr from the Government of India to be spent on…
29 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
