banking in India


Paytm Bank Gets RBI Nod To Operate As Bharat Bill Payment Operating Unit

Banking - Published date: .

So far, Paytm Payments Bank Ltd (PPBL) has been undertaking this activity under in-principle authorisation from RBI Read more

Paytm To Be Key Beneficiary Of Govt's UPI Incentive Scheme: Morgan Stanley

Banking - Published date: .

The Union Cabinet on Wednesday approved the incentive scheme of Rs 26 billion for promotion of RuPay Debit Cards and low... Read more

No Charge On UPI Payments Via RuPay Credit Card For Up To Rs 2,000: NPCI

Banking - Published date: .

There will be no charge for RuPay credit card use on Unified Payments Interface (UPI) for transactions up to Rs 2,000 in... Read more

PNB, IDBI Bank Get Govt-appointed Directors On Their Boards

Banking - Published date: .

The government has nominated new directors on the boards of Punjab National Bank (PNB) and IDBI Bank, following the cess... Read more

Utkarsh Small Finance Bank Reports Rs 38 Cr Profit For Apr-Sept FY22

Banking - Published date: .

The bank on Monday reported nearly 52 per cent decline in net profit Read more

ICICI Pru In Discussion For Onboarding Account Aggregator System: Official

Banking - Published date: .

ICICI Prudential Life Insurance Company Ltd (ICICI Pru Life) is in discussion for onboarding the Account Aggregator syst... Read more

IDFC First Bank Aims Retail Loan Book Growth Of 25% On Long-term Basis

Banking - Published date: .

IDFC First Bank reported a net profit of Rs 452 crore in 2020-21. There was a net loss of Rs 2,864 crore in FY20. Read more

Google Pay To Allow Users To Open Fixed Deposits On Its Platform

Banking - Published date: .

American tech giant Google has recently partnered with fintech startup Setu to let users open fixed deposits (FDs) throu... Read more

AMNS India Executes Paperless Bill Discounting Transaction With ICICI Bank

Banking - Published date: .

AMNS India on Sunday said its has executed "a paperless bill discounting transaction" in partnership with ICICI Bank. Read more

Enterprise Services Emerge As 'new Value Engine' For Telcos: Report

Banking - Published date: .

As digital transformation has gathered an unprecedented pace amid the pandemic, enterprise services have emerged as the ... Read more

SBI Card Sees Over 50% Transaction From Online Payments, Says CEO

Banking - Published date: .

SBI Card has been seeing over 50% of its transactions via online payments such as on groceries, insurance premium, and h... Read more

ICICI Pru Life Confident To Double Value Of New Business Premium In FY23

Banking - Published date: .

To attain the objective set in April 2019, the second-largest private sector life insurer will continue to increase its ... Read more

Snapdeal Partners NPCI To Enable Doorstep QR Code Payments For Orders

Banking - Published date: .

Snapdeal said it has partnered with National Payments Corporation of India (NPCI) to allow shoppers to make QR-based dig... Read more

ICICI Bank Sells 2% Stake In Subsidiary ICICI Securities For Rs 310 Crore

Banking - Published date: .

ICICI Bank on Friday said it has sold 2 per cent stake in its subsidiary firm ICICI Securities Ltd (I-Sec) through an op... Read more