Page-3 of Topic: Financial services
India Post Payments Bank to be converted into Small Finance Bank
Indian Posts has made a decision to convert India Post Payments Bank into Small Finance Bank. This will enable the Bank to offer small loans to customers. Payment...Andhra Bank partners with Floatbot to launch AI chatbot “ABHi”
The Andhra Bank has partnered with Floatbot to offer an Artificial Intelligence-powered virtual assistant for online banking users. The AI chatbot named “ABHi” – made by Floatbot –...Anshula Kant appointed as MD & CFO of World Bank (WB)
Anshula Kant, Managing Director of State Bank of India (SBI), has been appointed as MD and Chief Financial Officer (CFO) of the World Bank (WB). She will be...V G Kannan head of RBI committee to review ATM charges
The Reserve Bank of India (RBI) has constituted a high-level committee under IBA Chief Executive V G Kannan to examine ATM charges and fees by banks amid demands...RBI allows modern currency chests to hike service charges
The Reserve Bank of India (RBI) has allowed large modern currency chests to increase the service charges on cash deposited by non-chest bank branches from the existing rate...Nandan Nilekani committee submits report on digital payments to RBI
A Reserve Bank of India (RBI) – appointed committee headed by Aadhaar architect Nandan Nilekani submitted its report on promoting digital payments to RBI Governor Shaktikanta Das on...
SBI’s new rules on saving accounts and short-term loans effective from May 1
State Bank of India (SBI) has moved to a new interest rate regime on large savings account deposits with balance above Rs 1 lakh as well as short-term...
‘FSS Voice Commerce’ Real-Time Voice Banking Platform launched
FSS (Financial Software Services) has unveiled ‘FSS Voice Commerce’ which is a real-time voice banking platform to provide customers with personalized banking interactions. This platform uses machine-learning language...
RBI proposed strict rules to open and run current accounts of corporate borrowers
Reserve Bank of India (RBI) would propose strict rules on opening and operating current accounts of corporate borrowers to prevent the diversion of funds. RBI had notified that...Bimal Jalan committee to review Economic Capital Framework (ECF) for RBI
The six-member expert committee led by former RBI governor Bimal Jalan was appointed on December 26, 2018 to review the Economic Capital Framework (ECF) for the Reserve Bank...
