The Union Government has allowed Small Finance Banks and Payments Banks to offer Atal Pension Yojana (APY). Recently, 10 Small Finance Banks and 11 Payment Banks have got...
Usha Ananthasubramanian, MD and CEO of Allahabad Bank, has been elected the first woman chairman of Indian Banks’ Association (IBA) for the year 2017-18. She succeeded Jatinder Bir...
Dilip Asbe has been appointed as the new Managing Director and CEO of National Payments Corporation of India (NPCI). Prior to this, Asbe was CEO-in-charge of NPCI. He...
To promote digital transactions, the union cabinet has recently decided to bear the Merchant Discount Rate (MDR) applicable on digital payments via debit cards, etc., up to Rs...
The Union government has engaged private lender ICICI Bank to enable online payments at 470 mandis integrated with national portal of electronic National Agriculture Market (e-NAM). At present,...
Private sector lender Axis Bank has recently launched instant international payment services using Ripple’s enterprise blockchain technology solution for retail and corporate customers. The bank has launched a...
The Reserve Bank of India (RBI) has recently released its 4th bi-monthly monetary policy statement for the year 2017-18. As per the monetary policy statement, the policy repo...
Rajnish Kumar, the Managing Director of SBI, has been appointed as the new chairman of the State Bank of India (SBI) for a period of three years. He...
B Sambamurthy, the former Director and CEO of the Institute for Development and Research in Banking Technology (IDRBT), has been appointed as new interim Chairman of the National...
The Airtel Payments Bank (APB) has become the India’s first payments bank to integrate the UPI on its digital platform. This will add to customer choice and convenience...
