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SWIFT has come out with an interim report on the proof of concept (PoC) for real-time Nostro reconciliation using a SWIFT-developed distributed ledger technology...
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SWIFT has come out with an interim report on the proof of concept (PoC) for real-time Nostro reconciliation using a SWIFT-developed distributed ledger technology...
Singapore’s DBS Bank challenged the directive to pay integrated goods and services tax (IGST) on banking services provided to its head office in Singapore....
Kotak Mahindra Bank said it has completed the acquisition of 26% equity stake in life insurance subsidiary Kotak Mahindra Old Mutual Life Insurance from...
Union Bank of India has launched an Android app, Union Sahyog, as part of its drive to digitize various customer-facing banking services. The bilingual...
Standard Chartered Bank has opened its new Global Business Services (GBS) center in Bengaluru. The new center will complement the bank’s existing GBS centers...
The Reserve Bank of India is expected to launch a financial literacy drive in 80 blocks in 9 states on pilot basis to educate...
IndusInd Bank said microfinance institution Bharat Financial Inclusion has merged with it. The boards of directors of the two institutions had earlier approved the...
ICICI Bank will provide financial assistant to the tune of Rs 10 crore to the Indian armed forces and the first tranche of the...
Axis Bank said it has completed the acquisition of mobile wallet firm Freecharge. The bank also said Sangram Singh will be the CEO of...
YES Bank has entered into an MoU with Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi to further foster cross-border...