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Kotak Mahindra Bank becomes first Destination Bank to launch debit card-based e-mandate on NPCI’s API platform

The Kotak Mahindra Bank (KMB) has become the first Destination Bank to go live with Net Banking and...

📅 April 25, 2019

SEFL and Bank of Baroda to co-lend through iQuippo

Bank of Baroda and city-based Srei Equipment Finance Ltd will collaborate to offer joint loans for infrastructure equipment...

📅 April 19, 2019

RBI launches a 5G Lab for banking and financial sector

The Institute for Development and Research in Banking Technology (IDRBT), an arm of Reserve Bank of India (RBI),...

📅 April 17, 2019

RBI permits Reinsurance brokers to open Foreign Currency accounts

RBI has permitted Reinsurance brokers to open non interest bearing foreign currency accounts with banks for undertaking transactions....

📅 April 16, 2019

RBI tweaked LCR norms to boost liquidity

In a bid to further improve the cash position of banks, the Reserve Bank of India (RBI) has...

📅 April 9, 2019

A third of Scottish banks lost

Since 2010, around a third of the scottish banks have been closed. This raises concerns about people’s access...

📅 March 26, 2019

Pakistan to receive loan of 2.1 billion US$ from China

Pakistan will receive 2.1 billion US$ loan from China by 25th March to provide a boost to its...

📅 March 23, 2019

SBI inked a pact with Bank of China

State Bank of India has inked an agreement with Bank of China to intensify business interactions between both...

📅 March 21, 2019

SBI launches doorstep banking service for senior citizens over 70 years of age and differently-abled customers

The State Bank of India (SBI) has launched doorstep banking service for senior citizens over 70 years of...

📅 March 15, 2019

PNB ranked first among public sector banks in implementation of reforms agenda

The BCG-IBA report titled ‘EASE Reforms for Public Sector Banks’ has measured the performance of each Public Sector...

📅 March 4, 2019

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