S&P Global Ratings on Thursday said Indian banking sector profitability will stabilise at a healthy level, and asset quality will continue to improve. “Indian banks’ […]
Category: BFSI
India’s forex reserves comfortable for next 5-6 years, FTAs to generate surplus: Piyush Goyal
India’s free trade agreements (FTA) will help generate surpluses and the country is “comfortable” for the next five-six years in its foreign exchange position, commerce […]
Cash withdrawals at ATMs rise 235% since 2016 demonetisation
Mumbai: Cash is still king more than 76 months after demonisation. Cash withdrawals from ATM rose 235% to ₹2.84 lakh crore at the end of […]
Bankers seek fee on RuPay debit card use
India’s high-street banks have reached out to the government seeking a merchant discount rate (MDR) on RuPay debit cards on the grounds that it will […]
‘BRICS bank off to a good start in India, states seeking project funds’
India needs a comprehensive country strategy to guide the India-NDB (New Development Bank) partnership as state authorities are now more willing to take funds from […]
Mehsana Urban Co-op Bank crosses business mix of Rs 13,000cr
Gujarat based Mehsana Urban Cooperative Bank (Multi-State Scheduled Bank) crossed the business mix of more than Rs 13,000 crore and earned a profit of Rs […]
Google Pay launches RuPay credit cards support on UPI in India
Google Pay in conjunction with the National Payments Corporation of India (NPCI) on Tuesday rolled out support for RuPay credit cards on Unified Payments Interface […]
Aadhar or ID cards are not required for exchanging Rs 2,000 notes
If you are going to exchange Rs 2,000 notes, then you don’t need to show any government issued identity card like Aadhaar at the bank […]
Withdrawal of Rs 2000 to have favourable impact on deposits, interest rates: SBI study
An SBI study on Tuesday said the withdrawal of Rs 2000 currency note is likely to be a non-event but it will have a favourable […]
Paytm launches UPI SDK to enable customers pay directly within the merchant app
Paytm owner One97 Communications Limited today announced it has launched Paytm UPI SDK, which will allow customers of online merchants to make UPI payments directly […]