Payment disruption! UPI, IMPS temporarily unavailable due to ‘ransomware attack’ on C-Edge Technologies
IndusInd International Holdings seeks compliance from RCap CoC, administrator before paying Rs 2,750 cr
RBI’s new ATM transaction rules to come into effect from May 1: From new charges to revised limits – Here’s all you should know
BOB Financial opens up its entire RuPay Credit Card base for linking on UPI Credit Card on UPI gives our customers access to the ease and convenience of transacting on UPI while they continue… By PTIMay 31, 2023 16:40 IST
Credit Suisse bankers leaving by the hundreds every week Swiss newspaper Blick reported earlier on Wednesday that each day around 150 people worldwide were resigning from Credit Suisse while… By ReutersMay 31, 2023 15:34 IST
Credit Suisse aborts China bank plan to avoid regulatory conflict under UBS Credit Suisse had been planning over the last few years to set up a wholly owned local bank in China… By ReutersUpdated: May 31, 2023 11:16 IST
IIT Madras Research Park, RBI’s innovation centre working on voice-banking technologies The objective is to address the language barriers, a key challenge in financial inclusion for millions of Indians. By FE BureauMay 31, 2023 05:45 IST
Indian banks report higher number of frauds, total amount declines The Reserve Bank of India (RBI) said frauds have occurred predominantly in the category of digital payments which includes card… By Piyush ShuklaMay 31, 2023 00:30 IST
Gaps in governance at some banks: Shaktikanta Das Reserve Bank of India (RBI) governor Shaktikanta Das said on Monday that the central bank has come across instances wherein… By Piyush ShuklaMay 30, 2023 05:45 IST
Bank privatisation to happen as per schedule: Sitharaman She was speaking at a press conference in Mumbai on the achievements of the Narendra Modi government in the last… By FE BureauMay 30, 2023 03:15 IST
Kotak Bank relocates Mauritius domiciled fund to GIFT City Kotak Mahindra Bank has re-domiciled Alchemy India Long Term Fund to India’s GIFT City from Mauritius. By FE BureauMay 30, 2023 00:45 IST
Banks need to improve digitalisation and keep vigil on stressed asset: MoS Finance Minister of State for Finance Bhagwat K Karad on Monday said banks need to focus on digitalisation and keep a… By PTIMay 29, 2023 17:36 IST
RBI Governor Shaktikanta Das flags governance gaps, instances of stressed assets misreporting “During the course of our supervisory process, certain instances of using innovative ways to conceal the real status of stressed… By ReutersMay 29, 2023 12:42 IST
UPI Lite needs more push from banks These are early days for UPI Lite – the platform launched by the Reserve Bank of India (RBI) in September… By Ajay RamanathanMay 29, 2023 02:30 IST
After initial hiccups, 3 payments banks turn profitable When payments banks framework was issued in 2015, the Reserve Bank of India had given in-principle approval to 11 players. By Piyush ShuklaUpdated: May 29, 2023 11:55 IST
UPI to account for 90% of retail digital payments by 2026-27: PwC India report UPI is projected to account for 90 per cent of the total transaction volume in retail digital payments over the… By PTIMay 28, 2023 15:32 IST
RBI slaps Rs 84.5-lakh fine on Central Bank The bank also recovered SMS alert charges from its customers on a flat basis rather than on an actual usage… By FE BureauMay 27, 2023 02:30 IST
City Union Bank PAT up 4% to Rs 218 cr For FY23, the PAT grew 23% to Rs 937 crore from Rs 760 crore last year while total income clocked… By FE BureauMay 27, 2023 02:15 IST
Account aggregator transactions soar as lenders disburse Rs 6K cr About 8 million accounts have already been linked to account aggregators so far, while 10 million consent requests have also… By Piyush ShuklaMay 26, 2023 01:00 IST
Strong performance of Indian banks to continue: S&P S&P Global Ratings on Thursday said Indian banking sector profitability will stabilise at a healthy level, and asset quality will… By PTIMay 25, 2023 17:01 IST
HDFC Bank merger in 4-5 weeks; bank’s margin to drop, say analysts The bank expects NIM – a key profitability measure – to fall to 3.7%-3.8% in 2023-24 from 4.1% a year… By ReutersUpdated: May 25, 2023 14:18 IST
Trump administration begins hiring ‘deportation judges’ with salaries up to $207K to fast-track removals
