All posts by banking

DBS Bank, Xero collaborate to help SMEs

Reported by | Updated: July 1, 2020

DBS Bank of Singapore is partnering with Xero, the global small business platform, for encouraging more SMEs to adopt cloud-based accounting and software services. Offered in collaboration with Enterprise Singapore and Info-communications Media Development Authority (IMDA) under the SMEs Go Digital Program, eligible SMEs referred through DBS Bank will be offered 6 months of free […]

Yes Bank launches new digital wallet

Reported by | Updated: July 1, 2020

Yes Bank has launched ‘Yuva Pay’, a unique digital wallet to enable contactless payments. The bank has collaborated with UDMA Technologies is in line with its fast-track innovation efforts of enabling communities to experience the convenience of digital banking services. The digital wallet is issued under minimum KYC regulations, combined with bill payments via Bharat […]

Federal Bank builds houses for flood-affected

Reported by | Updated: July 1, 2020

Federal Bank recently provided 80 houses to the flood-affected people in Baswad and Rajapurwadi in Kolhapur, built under its CSR project. The bank undertook complete rebuilding of these damaged houses in these villages very badly affected by the floods that happened in September-October 2019. It had earlier announced a comprehensive package for rebuilding of these […]

Kotak Bank leverages the positive aspect of covid

Reported by | Updated: July 1, 2020

Shekhar Bhandari, president – Global Transaction Banking at Kotak Mahindra Bank, discusses the post-covid impact and the emerging opportunities in transaction banking: Ravi Lalwani: What is the impact of lockdown on the existing transaction banking business? How have you responded? Shekhar Bhandari: Covid created an initial shock across all major industries and segments and brought […]

SBI launches 3 YONO Branches

Reported by | Updated: June 30, 2020

State Bank of India has launched state-of-the-art ‘YONO Branches’ to coincide with its 65th anniversary a unique experience for its customers through a perfect assimilation of human interaction and digital integration. The YONO Branches are launched in Navi Mumbai, Indore and Gurugram as part of a pilot with the aim to improve customer experience. The […]

Q3: Axis Securities to go live with revamped digital platforms

Reported by | Updated: June 28, 2020

Working on AI-driven chatbots, a mobile app focused on traders & advisory platforms, reveals Vamsi Krishna, head of Digital Business, Product and Marketing: Axis Securities, a subsidiary of Axis Bank, is engaged in distribution of wide range of financial solutions and broking services to retail customers. Customers can avail wide range of lending solutions. Axis […]

CRGB expands digital footprint

Reported by | Updated: June 28, 2020

Plans to strengthen areas like audit, loan processing and asset management: Chhattisgarh Rajya Gramin Bank serves the entire state with its 613 branches, which is the largest bank network in the state. Sponsored by the State Bank of India, the bank came into being in 2006 with the amalgamation of erstwhile Bilaspur-Raipur Kshetriya Gramin Bank, […]

UCBs under RBI’s supervision: It will go a long way in improving their health and operating practices

Reported by | Updated: June 27, 2020

The government has made an announcement that all cooperative banks and multi-state cooperative banks will be brought under the supervision of the Reserve Bank of India (RBI). The move which will be applicable to 1540 such banks, is aimed at providing comfort to their depositors, union minister Prakash Javadekar has said in a press briefing, […]

FYERS goes for the cloud

Reported by | Updated: June 26, 2020

Implements zero-trust policies, VPN, VDI, multi-factor authentication and alerts to ensure security: FYERS, the technology focused stock broking firm, offers seamless trading platforms to traders and investors across all major Indian exchanges. It has a strong community of traders and investors and is currently powering thousands of customers to trade seamlessly, across all major Indian […]

Lenders & borrowers in hopeful anticipation

Reported by | Updated: June 26, 2020

Lenders explain the current scenario and the new outlook Covid has changed the ways of the world and education is one sector that is adversely impacted by the outbreak of the pandemic and the ensuing pandemonium. It is still uncertain whether traditional models are changing for ever or it is just a temporary phase. Online […]

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