NEWSLETTER, Tuesday 22nd August 2023
The financial landscape is ever-evolving, driven by technological advancements, regulatory shifts, and changing customer expectations.
Shaktikanta Das, Governor of the RBI, unveiled a centralised web platform named UDGAM on Thursday to allow people to "search their unclaimed deposits across multiple banks at one place."
The Reserve Bank of India approved PR Seshadri's appointment as Managing Director and Chief Executive Officer of South Indian Bank for a three-year term beginning October 1, 2023.
Worldwide, the Indian fintech industry ranks number two in deal volumes, attracting funds comprising 14 per cent of the total global funding.
The Reserve Bank of India (RBI) to launch the pilot project for public tech platforms for frictionless credit today.
Canara Bank launches UPI Interoperable Digital Rupee mobile application as a part of the RBIs Central Bank Digital Currency (CBDC) pilot project.
Equitas Small Finance Bank Ltd, a private sector bank, intends to expand into credit cards and personal loans as part of its consumer finance portfolio.
YES BANK launched its cutting-edge mobile banking app, iris by YES BANK, with the goal of redefining the country's digital banking ecosystem.
U GRO Capital expanded its focus in Karnataka on micro loans to small enterprises.
Indian Bank recently operationalised 10 startup cells across the country to meet ecosystem's specialised requirements.
HDFC Bank, India's leading private sector bank, introduced the 'One Pune', a contactless pre-paid card in collaboration with Maharashtra Metro Rail Corporation Limited (MAHA-Metro) for Pune Metro Rail Project.
In today's rapidly changing world, achieving financial independence is a key goal for individuals and families.
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