Tech Mahindra third of 11 entities to drop payments bank idea
With three of the 11 firms, which were granted licences by the Reserve Bank of India to launch payments bank,…
25 MAY 2016
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Bank unions propose nation-wide stir on July 29
In order to lodge protest against banking reforms proposed by the Union Government, United Forum of Bank Unions (UFBU) —…
12 MAY 2016
Building technologies for a better tomorrow: Integra Micro Systems
According to the Reserve Bank of India (RBI) statistics, around 40 per cent of the country’s population has access to…
04 MAY 2016
RBI to introduce mechanism to check electronic fraud
If everything falls in the right place, Reserve Bank of India (RBI) would soon introduce a regulatory mechanism to prevent…
04 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
Ujjivan gears up to open 100 branches to meet small bank licence norms
After launching a Rs 885 crore initial public offering (IPO), Microfinance firm— Ujjivan Financial Services Ltd has decided to open…
03 MAY 2016
Empowering weaker section of society
Narmada Jhabua Gramin Bank (NJGB), Chairman, K V Raghavendra, in an interview with The Banking and Finance Post magazine, talks…
30 APR 2016
Tech Transition Awaits Co-operative Banks
In the era of technological advancements and digital banking, cooperative banks are lagging behind major players because of various reasons.…
30 APR 2016
Reserve Bank’s concept paper on P2P lending soon
The Reserve Bank of India (RBI) is planning to come up with a concept note on peer-to peer (P2P) or…
26 APR 2016
Bank unions, IBA favour disclosure of defaulters’ names
In order to shame wilful defaulters, bank unions and the Indian Banks’ Association (IBA) have demanded disclosing of the list…
20 APR 2016
