Search For "banking system"
India lifted 800 million people out of poverty "simply by smartphone": UNG
Updated : 1 year, 7 months ago IST
"Rural farmers in India who never had a relationship with the banking system, are now able to transact all their businesses on their smartphone. They pay their bills, they receive payments for orders," Dennis Francis said.
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Fintech industry seeks collaboration with traditional banking system, eyes
Updated : 1 year, 7 months ago IST
Optimistically waiting for the key announcements of the Union Budget, the fintech sector anticipates provisions to promote fintech and traditional banking systems to come together for a robust financial ecosystem in the country.
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SBI raises Rs 10,000 crore through infrastructure bonds at 7.36 per cent
Updated : 1 year, 8 months ago IST
The bank said that the total number of bids received was 143 indicating wider participation and heterogeneity.
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India's non-banking financial sector grew by 10%; declined globally by 3 %
Updated : 1 year, 8 months ago IST
India's non-banking financial sector registered a growth of 10 per cent however globally the sector declined by 3 per cent, highlights a report by SBI.
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RBI says India's banking sector is sound and resilient, Gross NPA is below
Updated : 1 year, 9 months ago IST
India's banking system is robust and the gross NPA (Non-Performing Assets) of the schedule commercial banks and NBFCs are below 3 per cent highlighted RBI (Reserve Bank of India) Governor Shaktikanta Das during the Monetary policy announcement on Friday.
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Banks spending more to ramp up defences against cyberthreats: Moody's
Updated : 1 year, 11 months ago IST
Financial institutions are prime targets as they safeguard client wealth, facilitate transactions through payment networks and manage vast amounts of personal information.
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Indian banking system well-placed to support growth: RBI Governor
Updated : 2 years, 2 months ago IST
Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday that India's banking sector as a whole has emerged stronger from the unprecedented challenges of the recent COVID-19 pandemic and the subsequent geopolitics.
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Razorpay Becomes the First Indian FinTech to Receive the Coveted Data Secu
Updated : 2 years, 3 months ago IST
Bangalore (Karnataka) [India], November 30: Razorpay, India's Leading Omnichannel Payments and Banking Platform for Businesses has announced that it has received one of the most sought-after data security and compliance recognitions - 'System and Organisation Control 3 (SOC 3) Certification'
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'No Dues Certificate' makes beneficiaries once again credit-worthy under f
Updated : 2 years, 4 months ago IST
Assam Chief Minister Himanta Biswa Sarma on Monday attended the ceremonial distribution of relief under "Category-III" of the Assam Microfinance Incentive and Relief Scheme (AMFIRS) 2021 for beneficiaries of Dibrugarh district at an event held at Mancotta Playground in the historic upper Ass
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With a month left for exchange, 93 pc of Rs 2,000 notes returned to bankin
Updated : 2 years, 6 months ago IST
September 30 has been decided as the last date for the purpose of completing the exercise in a time-bound manner and to provide adequate time to the public. RBI may or may not revisit the September deadline based on the situation going ahead.
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PM Jan Dhan Yojana financial inclusion programme completes 9 years
Updated : 2 years, 6 months ago IST
PMJDY has brought the unbanked into the banking system, expanded the financial architecture of India and brought financial inclusion to almost every adult.
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RBI says 88 pc of Rs 2,000 notes returned to banking system
Updated : 2 years, 7 months ago IST
On May 19, the RBI decided to withdraw the Rs 2000 denomination banknotes from circulation but said it will continue to remain as legal tender.
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