Nokia offers to become back-end backbone for payments banks
Finnish communications and Information Technology firm Nokia is mulling to offer back-end support to payments banks who have recently obtained…
26 APR 2016
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RBI gives nod to Bharti’s payments bank unit
After receiving the Reserve Bank of India’s (RBI) final nod, Bharti Airtel’s payments bank venture– Airtel M Commerce Services Limited has become…
12 APR 2016
NPCI unveils unified payment interface
With an aim to revolutionise mobile banking in the country, the National Payments Corporation of India– an umbrella organisation for…
12 APR 2016
RBI slashes key rates, raises hopes of cheaper loans
Raising hopes that home and car loans could be cheaper sooner than expected, the Reserve Bank of India has cut…
05 APR 2016
RBI furnishes list of defaulters to Supreme Court
Complying with the directive of the Supreme Court, the Reserve Bank of India, RBI, has submitted a list of defaulters, who…
01 APR 2016
RBI on track towards handling bad loans, says IMF
The Reserve Bank of India (RBI) has taken right measures to deal with the state-run banks’ huge non-performing assets (NPAs)…
14 MAR 2016
Union Budget to focus on banking sector revival: SBI Research
The upcoming Union Budget seems to have focus on revival of banking sector by setting up of a ‘bad bank’…
23 FEB 2016
Central bank scraps registration of 26 NBFCs
The Reserve Bank of India (RBI) has canceled registration of around 26 non-banking financial companies (NBFCs), including Bajaj Auto Holdings…
23 FEB 2016
RBI will ease norms for funding to startups, says Governor
To facilitate growth of startup movement in India, the Reserve Bank of India (RBI) will ease regulations to allow startups to…
03 FEB 2016
Govt may infuse over Rs.70,000cr capital into PSBs
The Finance Ministry is considering infusing more than the announced Rs 70,000 crore in public sector banks to help strengthen…
25 JAN 2016
