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 […]
Tag: bfsi
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 […]
Uday Kotak clarifies his statement, calling dollar as “financial terrorist”
Kotak Mahindra Bank Chief Executive Officer Uday Kotak on Sunday clarified his statement which mentioned the dollar as the “biggest financial terrorist in the world”. […]