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India’s Need for Pro-Crypto Banking, Roadmap for Base: Interview with Coinbase’s Jessse Pollak
Jesse Pollak, a senior Coinbase official, praises Indian developers in the crypto, DeFi, and blockchain space, calling them highly 'sophisticated' in their understanding and innovation within distributed ledger technology (DLT).
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Latest Developments In Banking Sector Crisis. All You Need To Know
Silicon Valley Bank is being largely acquired by another US lender in the latest fallout from three weeks of turbulence in the financial sector.
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Major Central Banks Diversifying Away From Dollar: Report
Efforts to develop mutual insurance schemes against shocks resulting from shifts in the US monetary policy too may lead to a more multipolar monetary system, Credit Suisse said in a report.
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"As Son Grows Older, He Acquires Father's Business": Deepak Parekh On HDFC-HDFC Bank Merger
Deepak Parekh, Chairman of the mortgage lender HDFC said that he had spent "two sleepless nights" prior to the big development
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Google’s Device Lock Controller App Allows Banks, Creditors to Remotely Lock Payment Defaulter’s Phone
Google has silently developed an app called Device Lock Controller to let banks and credit providers remotely lock your device if you don’t make payments. The app uses Android’s DeviceAdminService API to remotely restrict access to the device.
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Google Pay Now Lets Kotak Mahindra Bank Customers Make Payments Using Visa Credit, Debit Cards
Google Pay in India now allows Kotak Mahindra Bank customers to make payments using their Visa credit and debit cards. The new development is based on a tokenisation process that Google introduced to the Google Pay app back in September last year.
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Google Pay's NFC-Based Card Payments Option Rolling Out in India
Google Pay in India is seen allowing some users to add their NFC-powered credit and debit cards as a payment method in addition to the existing bank account option. The new development would help Google initiate tokenized payments cards.
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Customers Can Now Use IMPS, NEFT To Pay Dues, Says Yes Bank
Crisis-hit private sector lender Yes Bank said on Tuesday that customers can now make certain payments through its instant money transfer services National Electronic Funds Transfer (NEFT) and Immediate Payment Service (IMPS). In a post on Twitter in morning, Yes Bank said its customer can pay "their credit card dues" and "loans from other bank acc...
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Shadow Banking Credit Disbursal To Remain Weak In India: World Bank
Total NBFC sanctions fell to Rs 1.9 lakh crore at the end of September from Rs 2.9 lakh crore during the same period last year.
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Flipkart, Axis Bank Credit Card To Be Launched This Month: Cashback, Other Benefits Explained Here
E-commerce major Flipkart has partnered with private sector lender Axis Bank to launch a co-branded credit card. The new co-branded card - powered by payments processor Mastercard - will offer benefits such as a 5 per cent cashback on purchases made on Flipkart, Myntra and 2GUD platforms and a 1.5 per cent cashback at more than 4000 restaurants acr...
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Nirmala Sitharaman To Meet Agriculture Ministry Officials On Tuesday
Under the scheme, interest subvention is provided to NABARD, regional rural banks, cooperative banks, public sector banks and scheduled private sector banks for providing short-term credit to farmers at a subsidised rate of interest.
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India Never Imposes Development Projects On Any Country: VK Singh
India has offered 262 concessional Lines of Credit (LOCs) amounting to USD 25.7 billion to 61 countries and it never imposes any developmental projects on any nation, minister of state for External Affairs VK Singh said today.
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Banks Barred From Issuing Credit Guarantees After PNB Fraud: Latest Developments
In a major clampdown on banks after the Punjab National Bank (PNB)-Nirav Modi case, the Reserve Bank of India (RBI) on Tuesday barred banks from issuing letters of undertaking (LoUs) even as fresh details emerged about possibly the biggest fraud in India's banking history. Besides, the government revealed on Tuesday that alleged fraudster Mr Modi, ...
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Fitch Lowers India's Growth Forecast To 6.9% From 7.4% For FY18
The credit rating agency expects economic activity to accelerate in second half of fiscal year.
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Demonetisation Has Hit Business: Tata Steel
Tata Steel has taken an initiative to support the government's move to develop a cashless society and is installing 10,000 POS, credit/debit card swipe machines in rural areas.
-
India’s Need for Pro-Crypto Banking, Roadmap for Base: Interview with Coinbase’s Jessse Pollak
Jesse Pollak, a senior Coinbase official, praises Indian developers in the crypto, DeFi, and blockchain space, calling them highly 'sophisticated' in their understanding and innovation within distributed ledger technology (DLT).
-
Latest Developments In Banking Sector Crisis. All You Need To Know
Silicon Valley Bank is being largely acquired by another US lender in the latest fallout from three weeks of turbulence in the financial sector.
-
Major Central Banks Diversifying Away From Dollar: Report
Efforts to develop mutual insurance schemes against shocks resulting from shifts in the US monetary policy too may lead to a more multipolar monetary system, Credit Suisse said in a report.
-
"As Son Grows Older, He Acquires Father's Business": Deepak Parekh On HDFC-HDFC Bank Merger
Deepak Parekh, Chairman of the mortgage lender HDFC said that he had spent "two sleepless nights" prior to the big development
-
Google’s Device Lock Controller App Allows Banks, Creditors to Remotely Lock Payment Defaulter’s Phone
Google has silently developed an app called Device Lock Controller to let banks and credit providers remotely lock your device if you don’t make payments. The app uses Android’s DeviceAdminService API to remotely restrict access to the device.
-
Google Pay Now Lets Kotak Mahindra Bank Customers Make Payments Using Visa Credit, Debit Cards
Google Pay in India now allows Kotak Mahindra Bank customers to make payments using their Visa credit and debit cards. The new development is based on a tokenisation process that Google introduced to the Google Pay app back in September last year.
-
Google Pay's NFC-Based Card Payments Option Rolling Out in India
Google Pay in India is seen allowing some users to add their NFC-powered credit and debit cards as a payment method in addition to the existing bank account option. The new development would help Google initiate tokenized payments cards.
-
Customers Can Now Use IMPS, NEFT To Pay Dues, Says Yes Bank
Crisis-hit private sector lender Yes Bank said on Tuesday that customers can now make certain payments through its instant money transfer services National Electronic Funds Transfer (NEFT) and Immediate Payment Service (IMPS). In a post on Twitter in morning, Yes Bank said its customer can pay "their credit card dues" and "loans from other bank acc...
-
Shadow Banking Credit Disbursal To Remain Weak In India: World Bank
Total NBFC sanctions fell to Rs 1.9 lakh crore at the end of September from Rs 2.9 lakh crore during the same period last year.
-
Flipkart, Axis Bank Credit Card To Be Launched This Month: Cashback, Other Benefits Explained Here
E-commerce major Flipkart has partnered with private sector lender Axis Bank to launch a co-branded credit card. The new co-branded card - powered by payments processor Mastercard - will offer benefits such as a 5 per cent cashback on purchases made on Flipkart, Myntra and 2GUD platforms and a 1.5 per cent cashback at more than 4000 restaurants acr...
-
Nirmala Sitharaman To Meet Agriculture Ministry Officials On Tuesday
Under the scheme, interest subvention is provided to NABARD, regional rural banks, cooperative banks, public sector banks and scheduled private sector banks for providing short-term credit to farmers at a subsidised rate of interest.
-
India Never Imposes Development Projects On Any Country: VK Singh
India has offered 262 concessional Lines of Credit (LOCs) amounting to USD 25.7 billion to 61 countries and it never imposes any developmental projects on any nation, minister of state for External Affairs VK Singh said today.
-
Banks Barred From Issuing Credit Guarantees After PNB Fraud: Latest Developments
In a major clampdown on banks after the Punjab National Bank (PNB)-Nirav Modi case, the Reserve Bank of India (RBI) on Tuesday barred banks from issuing letters of undertaking (LoUs) even as fresh details emerged about possibly the biggest fraud in India's banking history. Besides, the government revealed on Tuesday that alleged fraudster Mr Modi, ...
-
Fitch Lowers India's Growth Forecast To 6.9% From 7.4% For FY18
The credit rating agency expects economic activity to accelerate in second half of fiscal year.
-
Demonetisation Has Hit Business: Tata Steel
Tata Steel has taken an initiative to support the government's move to develop a cashless society and is installing 10,000 POS, credit/debit card swipe machines in rural areas.
