Banking
The Reserve Bank of India has revised the prompt corrective action (PCA) plans for all scheduled commercial banks (SCBs). The revised framework will be...
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Banking Frontiers
News
Discover Financial Services, a digital bank and payment services provider, has appointed Bharat Panchal as Chief Industry Relations & Regulatory Officer — India. Panchal,...
Banking
The Central Bank of the UAE (CBUAE) has amended the Commercial Transactions Law regarding decriminalisation of bounced cheques. Under the amendments, to come into...
Banking
Standard Chartered Bank has launched a special sign language service proposition for hearing-impaired priority segment clients in the country. Currently, the bank has trained...
Sticky Post
Many organizations have started a variety of off-beat employee engagement programs with diverse objectives. Says Nagina: “With offerings like MindFi (a mindfulness app subscription)...
Banking
Unity Small Finance Bank Limited, a joint venture between Centrum Financial Services Limited and payments app BharaPe, has begun operations as a small finance...
Banking
In tier 4 cities, cash is used as a mode of payment in 90% of e-commerce transactions, compared to 50% in tier 1 cities....
Banking
Ministry of Finance (DFS) vide its order dated 29.10.2021 has advised broad guidelines to be adopted by all PSBs on “Staff Accountability Framework for...
Banking
Banks may open current accounts for borrowers who have availed credit facilities in the form of cash credit/overdraft from the banking system, the RBI...
Digital Transformation
The Unique Identification Authority of India (UIDAI) has organised the ‘Aadhaar Hackathon 2021′ from October 28 to 31. Through technological innovations, the event aims...
