Fiscal Year:
 | Note ban effect: Debit cards preferred over credit cards, account for 60% of card spend Mumbai: Debit cards have replaced credit cards as the primary mode of payment post demonetisation, accounting for 60 percent of the total card spending as compared to 42 per cent p... | March 27, 2017 |
| | IndusInd said to be in advanced talks to acquire Bharat Financial Mumbai: IndusInd Bank Ltd. Plans to acquire Bharat Financial Inclusion Ltd, a micro-finance company, in a share swap deal, which will help IndusInd to target banking clients in rur... | March 10, 2017 |
| | Canadian pension funds buy 1.5% stake in Kotak Mahindra Bank Mumbai: The Canada Pension Plan Investment Board (CPPIB) and the Caisse de Depot Quebec (CDPQ) have acquired a 1.5 per cent stake in Kotak Mahindra Bank from Mr Uday Kotak, Executi... | March 09, 2017 |
| | TransUnion Cibil launches credit ranking for MSMEs Mumbai: TransUnion Cibil has launched credit ranking for micro, small and medium enterprises (MSMEs), which will give credit ranking to MSMEs on a scale of 1 to 10 on the basis of ... | March 01, 2017 |
| | RBI proposes lower MDR from April 1 to keep digi-pay momentum Mumbai: The Reserve Bank of India (RBI) has proposed to keep merchant discount rate (MDR) for debit-card transactions on the basis of merchant turnover instead of the present trans... | February 17, 2017 |
| | NPCI expects all public sector banks to join BHIM by February-end New Delhi: The National Payments Corporation of India (NPCI) plans to integrate all public sector banks (PSBs) to the usage of Bharat Interface for Money (BHIM) app by end of Febru... | February 08, 2017 |
| | Ujjivan Financial Services launches small finance bank Bengaluru: Microfinance firm Ujjivan Financial Services Ltd has announced starting of banking services across its branches under the name of Ujjivan Small Finance Bank Ltd, thus be... | February 07, 2017 |
| | Budget 2017: Arun Jaitley pushes for a cashless economy New Delhi: Finance Minister Mr Arun Jaitley has proposed various measures to quicken India's transition to a cashless economy, including a ban on cash | February 02, 2017 |
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