Mobile banking Current Affairs, GK & News

India Post Payment Bank achieves 3.6 crore customers

The India Post Payment Bank, even amid COVID-19 pandemic, has attained 3.6 crores of customers. Till September 15, 2020, the bank had completed 38,500 crores of financial transactions. Highlights In August 2019, it had crossed the milestone of one crore customers. This has been achieved by the bank in just two years of launch. The ..

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ICICI Bank launches instant overdraft ‘InstaOD’ facility for Micro, Small and Medium Enterprises (MSME)

The ICICI Bank has launched instant overdraft ‘InstaOD’ facility for Micro, Small and Medium Enterprises (MSME) in a completely online and paperless manner. Customers can get overdraft facility up to Rs 15 lakh for a year anytime, anywhere using the bank’s Internet and mobile banking app. The new facility will enable a few lakh of ..

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Banking sector growth contingent on Innovative delivery model: PwC

According to a report by PwC (PricewaterhouseCoopers): · Innovative service delivery models, including mobile banking and ATMs, and the ability to satisfy customers will drive the growth of banking sector in the near future · The concerns over data security and lack of regulation clarity seeks urgent govt attention in order to encourage innovation in ..

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