Page 50 of Banking

Internet banking is one of the oldest modes for online merchant payment transactions and is a preferred channel for payments…

Public-sector banks’ employees are set to get a 17% rise in salaries after the Indian Banks’ Association (IBA) and bank…

RBI said the share of women borrowers in total credit is relatively low, but it is growing at a robust…

The report said that the industry saw a robust growth of 24.6 per cent over the last financial year, while…

10-20 basis points higher than Certificate of Deposit rates

The loan-to-deposit ratio for the sector is at a five-year high of 81 per cent, which makes deposit growth as…

Gurugram-based business consulting and services company surveyed 2,000 merchants using payment applications for accepting payments across 12 cities.

In October 2022, RBI asked ARCs to increase their net owned funds to 200 crore by March 2024 and 300…

Q&A: Prashant Kumar, MD & CEO, YES Bank

The minister made the suggestion at a meeting with startup and fintech eco system entities that was attended by top…

RBI has asked Paytm Payments Bank, the banking unit of Paytm to wind down its business by March 15, leading…

The CBI had charge-sheeted Ramchandra Shridhar Joshi, then Chief Manager posted in Walkeshwar Road Branch, Mumbai, in 1996 in two…

In a statement, the RBI said a penalty of Rs 2 crore has been imposed on the State Bank of…

The fintech space has revolutionalised the financial sector in the country.

The FSDC discussed various issues related to the formulation of strategy to implement the FSDC decisions and the Union Budget…

Lender targets up to 15% loan, 25% deposit growth in FY24