Fiscal Year:
 | FreeCharge sold to Axis Bank for ~400 cr New Delhi: Indian private lender Axis Bank is expected to acquire the mobile wallet app Freecharge in a deal worth Rs 350-400 crore (US$ 54.3-62.1 million). ... | July 27, 2017 |
| | New Delhi: Indian financial institutions sanctioned loans worth Rs 137,449 crore (US$ 21.3 billion) and Rs 180,528 crore (US$ 28 billion) to small and micro enterprises in FY16 and... | July 19, 2017 |
| | Bank customers won't have to bear loss from fraudulent transactions: RBI New Delhi: The Reserve Bank of India (RBI) has announced plans to limit customer liability in online banking frauds by asking banks to credit the amount involved in the unauthorise... | July 07, 2017 |
| | India gets good ranks on FSB's reform report card to G20 New Delhi: India is listed as a compliant or largely compliant country with respect to priority area reforms by the Financial Stability Board (FSB). ... | July 04, 2017 |
| | Digital payments surge 55% in 2016-17, says Niti Aayog's Ratan Watal New Delhi: Digital payments in India rose 55 per cent in volume and 24.2 per cent in value year-on-year in FY 2016-17, stated Mr Ratan Watal, Principal Advisor, Niti Aayog. ... | July 04, 2017 |
| | UPI transactions cross 10 million mark in June, says NPCI New Delhi: The number of transactions on Unified Payments Interface (UPI), a payment system for instant fund transfer between two bank accounts on the mobile platform, crossed the ... | July 04, 2017 |
| | Govt banks devise three-tier plan for bad loan resolution Mumbai: The public sector banks have devised a three-tier strategy to resolve the stressed asset cases totalling Rs 10 trillion (US$ 155.05 billion) and quicken the recovery proces... | June 23, 2017 |
| | Bank credit grows at 6.02%, deposits at 11.19% Mumbai: Bank credit grew 6.02 per cent year-on-year to Rs 76.58 trillion (US$ 1.18 trillion), whereas bank deposits increased 11.19 per cent year-on-year to Rs 105.77 trillion (US$... | June 22, 2017 |
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