India’s financial inclusion will soon add another successful case study. This time, the second iteration of India’s financial inclusion program is poised to connect millions […]
Category: BFSI
Willing to tie up with NPCI; GoI has been vital catalyst: Alfred Kelly, executive chairman, Visa
Visa Inc is open to cooperating with even the National Payments Corp of India (NPCI) as it looks to expand its footprint locally, its executive […]
Centre confident of meeting FY23 fiscal gap target of 6.4%
The Centre is expected to achieve the FY23 fiscal deficit target of 6.4% of gross domestic product (GDP) despite a downward revision in national income […]
FM Nirmala Sitharaman asks ADB to support India with more concessional climate finance
New Delhi: Finance minister Nirmala Sitharaman on Tuesday impressed upon Asian Development Bank (ADB) to support India with more concessional climate finance, stating that the […]
Carlyle, India’s Premji Invest eye stake in auto loan firm TVS Credit: Sources
Private equity firm Carlyle and Indian billionaire Azim Premji’s investment unit are in separate talks to invest about $150 million in TVS Credit Services, an […]
Public sector banks weigh consolidating foreign business at Gift City
The government has asked state-run lenders to explore consolidating their overseas business currently done through foreign branches in the International Financial Services Centre (IFSC) housed […]
Airtel Payments Bank rolls out face authentication for AePS
Airtel Payments Bank has rolled-out face authentication for AePS (Aadhaar-enabled Payment System) at its 500,000 banking points as part of its collaboration with the National […]
India, Russia to explore possibility of accepting RuPay and Mir cards
India and Russia will explore the possibility of accepting RuPay and Mir cards in each other’s country for hassle-free payments amid sanctions imposed by the […]
NARCL progress hit on government guarantee delay
Renewal of federal guarantees, which expired last fiscal, is delaying the takeover of bad loans by the state-backed National Asset Reconstruction (NARCL), said people familiar […]
Large corporates will never be allowed to open a bank in India: N Vaghul
Large corporates will never be allowed to open a bank in India, veteran banker N Vaghul has said. Vaghul said India has learnt from its […]