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BusinessToday.In
New Delhi, September 20, 2018
Air India is just about managing to stay afloat on the Rs 30,000 crore bailout package extended by the previous UPA regime in 2012 for a decade.


Reuters
New Delhi, September 20, 2018
The Danish bank detailed compliance and control failings amid growing calls for a European Union crackdown on financial crime after a series of money laundering scandals which have attracted the attention of USauthorities.


Mail Today Bureau
New Delhi, September 13, 2018
The government also issued a statement thatthe rupee would not be allowed to crash to an unreasonable level which further bolsteredsentiments and enabled the rupee to climb back to 72.18 vis-a-vis the US dollarat the end of the day to settle at 51 paise higher than the previous day'sclose.


BusinessToday.In
September 7, 2018
One97 Communications on Friday announced its partnership with financial services major Visa to enable credit card payments across banks via the Paytm app.


BusinessToday.In
New Delhi, September 7, 2018
This development comes just 10 months after Paytm acquired a stake in CreditMate, a Mumbai-based fintech startup focussed on enabling its dealer partners to seamlessly assess, approve, process and distribute two wheeler loans to customers with no formal credit history.


BusinessToday.in
New Delhi, September 6, 2018
This development comes at a time when WhatApp Payments and Amazon's plans to launch its own UPI payment service in the country have run into regulatory trouble.


Anand Adhikari
New Delhi, September 4, 2018
Given the competitive landscape, the new India Post Payments Bank has to differentiate its offering in terms of technology, faster delivery and building a long term sustainable business model.


PTI
New Delhi, September 3, 2018
RBI Governor Urjit Patel decided to follow \"wisdom of an owl\" as he went on to conduct the \"deep surgery\" initiated by his predecessor Raghuram Rajan to clamp down on loan defaulters.


BusinessToday.In
New Delhi, September 3, 2018
Payments banks can only accept deposits of up to Rs 1 lakh per customer in a savings/current account.


BusinessToday.In
September 3, 2018
The employees of Reserve Bank of India (RBI) will go on a two-day mass leave on September 4 and 5.


Anand Adhikari
New Delhi, September 3, 2018
The Non Banking Finance Companies sector with over 11,000 players of all shapes and sizes is showing reduced numbers.


BusinessToday.In
September 1, 2018
The India Post Payments Bank will deliver door-to-door banking services in rural and far-flung areas, said PM Modi while launching the initiative.


BusinessToday.in
New Delhi, August 31, 2018
Rupee plunges to record low of 71 against US dollarThe Indian rupee collapsed to a fresh record low of 71 against the US dollar for the first time ever by falling 26 paise on persistent demand for the US currency amid rising crude prices, news agency PTI has reported.Rupee is worst performing currency in Asia on year-to-date basis. Rana Kapoor to remain Yes Bank CEO and MD till further notice from RBIPrivate sector lender Yes Bank today said it has received RBI's approval for the ...


BusinessToday.In
August 30, 2018
A 165-page dossier submitted to the United States Bankruptcy Court Southern District of New York may have finally blown the lid off biggest banking fraud in Indian history.


BusinessToday.In
New Delhi, August 29, 2018
This deal has also raised eyebrows since Buffett had long refused to invest in the tech space saying that it was too difficult to predict which tech businesses will prosper in the long run.


BusinessToday.In
New Delhi, August 29, 2018
Gross NPAs of banks may improve to 10% in March 2019 as resolution process picks up paceThe gross non-performing assets (GNPAs) of the banking sector is likely to improve to 10 per cent in March 2019, from 11.52 per cent as on June 30, 2018, as nearly 60 per cent of the bad loans of the sector are under active resolution, a report has said. The net NPA is also expected to decrease to 4.3 per cent, from 5.92 per cent as of June-end this year, ICRA said in its report. The rating age...


BusinessToday.In
August 29, 2018
Such analysis was not possible before as the government did not have the data organised in a manner that could allow such comparisons.


Nidhi Singal
New Delhi, August 28, 2018
Announced during the fourth edition of 'Google for India' keynote at New Delhi, this new feature is accessible in 28 languages including English, Hindi, Bengali, Marathi.


BusinessToday.In
August 28, 2018
Digital payments in India is now poised for a great leap forward as global tech giants slug it out for a bigger slice of the pie.


Nidhi Singal
New Delhi, August 28, 2018
For online merchants, Google Pay will be supported at over 2000 online apps and sites including Goibibo, FreshMenu, Nykaa, Redbus, BookMyshow and Uber.


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