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Latest Articles in banking

Axis Bank Q3 Profit Rises 25%, But Lags Estimate

Net profit rose to Rs 7.26 billion ($113.86 million) for the quarter ended December, from Rs 5.80 billion a year ago

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Connecting The Dots

Goals101 is taking intelligent banking to the next level by bridging the gap between brands, banks and its customers

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Crypto And Banking

OryxPrive’s coin aims to bring the best of both worlds by leveraging blockchain & information technology

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IDFC Bank-Capital First to Merge

The deal is a win-win for both; all eyes on RBI now

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Renewing your Motor Insurance Policy? Here Are 4 Things To Keep In Mind

It would be wise to keep these four points in mind the next time you pay the insurance premium for your cherished vehicle

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Pros And Cons Of Having Multiple Savings Accounts

Multiple savings accounts provide higher flexibility, better cash management, more offers and even enables you to save money through lower fee and charges

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State Bank Of India: Coming Together

SBI gained hugely from the merger of its associate banks even as it focussed on retail

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Banks Are Intensively Engaging In Digitisation Of Banking Transactions In Rural India

Educating the merchants who will be using these payment methods for their day to day business transactions by demonstrating various payment methods

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HDFC Bank Plans To Raise Up To $3.75 Billion From Share Sales

As part of the planned fundraising, HDFC Bank will issue up to 85 billion rupees worth of shares to HDFC Ltd on a preferential basis, while the remainder will be raised via modes including American Depositary Receipts and a share sale in India to institutional investors

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UIDAI Suspends Airtel, Airtel Payments Bank's eKYC Licence

In its strongest action yet, the UIDAI has temporarily barred Bharti Airtel and Airtel Payments Bank from conducting Aadhaar-based SIM verification of mobile customers using eKYC process as well as e-KYC of payments bank clients.

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Deadline For Linking Of Aadhaar With Various Services Extended

The apex court said the Constitution Bench would commence final hearing from January 17 on the petition challenging the Aadhaar scheme itself

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Bitcoin Soars Then Falls Back; Banks Raise Risk Concerns

Miners of bitcoins and other virtual currencies help keep the systems honest by having their computers keep a global running tally of transactions. That prevents cheaters from spending the same digital coin twice

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Mallya's Offer To Pay Back Chunk Of Loan Was Rejected By Banks, Claims Defence

The Crown Prosecution Service arguing on behalf of the Indian government countered that assertion, indicating that the reason such a repayment offer would have been rejected was that the banks knew Mallya had the means to pay back the entire amount due

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