Banking sector wrap: Depositors switch to long term maturities in hunt for higher rates; commercial paper issuances slump on stricter SEBI norms
According to a Genpact report, the number of consumers that were comfortable with companies using AI to access personal data - if it improves their customer experience - jumped from 30 percent in 2017 to 54 percent in 2019.
India fared well below developed economies as well as its BRICS peers
The month of October has eight holidays in total, including the working offs on Saturdays and Sundays.
The depositors complained that they could not pay their bills, file taxes and even provide wages of labour
While you can ask and get details relating to your account via WhatsApp, you can’t carry out any transactions
The Nifty Bank index dropped more than 1,000 points intraday on October 1 to 28,077.35.
Effective October 1, SBI will also charge Rs 20 for transaction declines due to insufficient balance.
To allow the Lakshmi Vilas – Indiabulls housing merger or not? It’s a tough choice for RBI.
Weekly banking wrap: Finance Minister-private banks' meet outcome; RBI releases report on liquidity management framework and more
The Reserve Bank of India (RBI) on September 24 imposed operational restrictions on the PMC Bank.
Here are a few tips on how to act if you are a PMC Bank customer, as well as advice on how to bank prudently.
Visa Debit Card is accepted across the globe. Here’s how to apply for a visa debit card online in India. Also, check out the benefits, types & charges of visa debit card.
"The board of directors of the bank has approved the capital infusion up to Rs 800 crore by government by way of preferential issue of equity shares," it said in a regulatory filing.
The central bank, in a letter, has asked banks and NBFCs to stop granting unregulated entities access to consumer data held by credit information companies
Growth impact of recent government initiatives at best remains hazy.
The panel will decide whether the case is a criminal act or a genuine commercial decision and accordingly, recommend the future course of action.
Weekly wrap: RBI's new loan pricing norm may put banks in a fix, NBFCs' outlook remains grim and a checklist for customers of merging PSBs
Cloud4c is the cloud technology partner for Finacle's cloud infrastructure for the bank.
Some reports have pegged this opportunity to be close to $3-5 billion
What the government is mulling about multiple bank accounts is a logical follow up of what it did with PAN. Multiple accounts have been one of the major causes of banking frauds and NPA.
India's GDP grew five percent in April-June 2019, official data released on August 30 showed, due to the weak household spending and muted corporate investment.
In terms of volume, UPI-based transactions increased to 5,353 million in 2018-19 from 915.2 million, a jump of 83 percent in a year, according to the data.
While experts expect fewer job openings, the hiring of clerks is likely to be most affected
While the RBI has got its cricket players to present a rosy picture about dispute resolution, truth is it is in a position to influence the outcome of a dispute.