All posts by banking

Mobile Banking- A boon for end customer and Financiers

Reported by | Updated: September 27, 2013

“The PC Wars are over. Done. Microsoft won a long time ago.”  – Steve Jobs. Fortune, Feb. 19, 1996 The above statement from Steve Jobs aptly summarizes the fact that in the modern world, efforts are being put in newer channels in addition to those applied for improving desktop technology;customers are expecting smarterfunctionalities on their […]

ELECTRONIC BENEFIT TRANSFER AND AADHAAR ENABLED PREPAID CARD

Reported by | Updated: September 27, 2013

Pulak Sinha, General Manager (PS), State Bank of India, on Electronic benefit transfer and AADHAAR enabled prepaid cards. Introduction: With the emphasis on financial inclusion and extension of banking facilities in the hitherto uncovered areas, the reach of banking services has increased considerably and is poised to increase further. It has, thus, become imperative that […]

Managing Profitable Online Growth- by curbing online Frauds

Reported by | Updated: September 27, 2013

The dual effect of a slow global economic recovery combined with increased regulatory and compliance burden are causing banks to be watchful about every rupee they spend or invest. Despite these barriers, banks are expected to grow consistently in terms of revenue, market share and profits and at the same time adhere to regulations and […]

The Unforeseen Risk of Shared Services DDoS

Reported by | Updated: September 19, 2013

Rich Bolstridge Chief Strategist, Financial Services, Akamai Technologies A Distributed Denial-of-Service (DDoS) attack targeted at one website is bad enough. But what happens when that single attack possesses the distinct possibility of doing even more damage than originally intended. The kind of collateral damage is very real when you take into account IT architectures reliant […]

The Big-Bang Fraud

Reported by | Updated: June 28, 2013

“Indian Outsourcing Under lens”, reads the subject line of a major news daily’s blog. The article further cites the occurence of a 45 Million dollar heist. Apparently, the heist has perched itself as the major reason  to this subject-line and scores of online blogs. While everyone was preparing themselves to the New Year around the […]

Global Re-insurance Hub

Reported by | Updated: January 2, 2013

We must make india a Global Re-insurance Hub Prabodh Thakker, chairman, Aon Global Insurance Brokers, speaks about the challenges and opportunities in insurance and broking: The Manoj Agrawal: We had storm in Orissa and flood in Uttarkhand. From your industry point of view, what percentage of prospective customers turns into actual customers because of the […]

WEF honour for RBL Bank

Reported by | Updated: November 6, 2011

RBL Bank has won recognition by the World Economic Forum as a ‘Global Growth Company’ (GGC) 2014. The WEF’s honour for this year goes to the bank for being an innovative, dynamic, high-growth company with a robust business model and a strong executive leadership team. Companies in the GGC community are among the most influential […]

ICICI Group donates Rs 12 cr to PM Relief Fund

Reported by | Updated: November 6, 2011

ICICI Group contributed Rs 12 crore towards the ‘Prime Minister’s National Relief Fund’ for the people affected by the natural calamities in Jammu & Kashmir, Assam, Meghalaya and Andhra Pradesh. The donation comprises contribution from the salaries of the employees of ICICI Bank, ICICI Prudential Life Insurance, ICICI Lombard General Insurance, ICICI Prudential Asset Management, […]

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