Meena Hemchandra was appointed as the Executive Director of Reserve Bank of India (RBI). With this appointment she will be in charge of RBI’s department of banking supervision,...
Researchers from China have successfully developed the first automated teller machine (ATM) with facial recognition technology. The machine has unique security feature which does not allow users to...
India’s largest banking entity State Bank of India (SBI) has launched Online Customer Acquisition Solution (OCAS), an online platform to apply for loans. This online platform will enable...
India’s largest private sector lender Industrial Credit and Investment Corporation of India (ICICI) Bank has launched voice password facility for users. This service will facilitate its customers to...
India’s largest public sector lender, State Bank of India (SBI) has signed memorandum of understanding (MoU) with e-commerce giant Amazon. The MoU seeks to identify and tap the potential...
ICICI Bank’s first branch in China was inaugurated in Shanghai, a major global financial hub. It was inaugurated by Prime Minister Narendra Modi in the presence of ICICI Bank’s...
India’s largest lender, State Bank of India (SBI) has launched contact-less credit and debit cards sbiINTOUCH. sbiINTOUCH is based upon latest near-field technology (NFC) that enables customer to...
Lok Sabha on 13 May 2015 passed The Negotiable Instruments (Amendment) Bill, 2015 by a voice vote. The Bills amends the Negotiable Instruments Act, 1881 in order to...
Indian Army and Bank of India (BOI) on 8 May 2015 signed Memorandum of Understanding (MoU) on the Defence Salary Package. The signed MoU is a revised version...
India’s largest lender State Bank of India (SBI) has launched a RuPay Platinum debit card in association with National Payment Corporation of India (NPCI). The card initially would...
