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|
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|
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|
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|
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|
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|
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|
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|