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PTI
April 19, 2018
India has 19 crore adults without a bank account despite the success of the ambitious Jan Dhan Yojana, making it the world's second largest unbanked population after that of China, the World Bank said today.


PTI
April 19, 2018



BusinessToday.In
April 19, 2018
Revenue growth for the country's largest software exported is seen in Q4 at 2.2% Q-o-Q from 1.3% in the previous quarter, led by rampup of recently-won deals, brokerage Motilal Oswal said in a report. In Q3 of the last fiscal, the firm reported 1% percent rise in revenue to Rs 478.7 crore on QoQ basis. The revenue rose  9.1% from the year ago period.


Rajeev Dubey
April 18, 2018
An SBI report has said that India's currency shortfall may be Rs 70,000 crore, which is nearly three times the government's estimate.


BusinessToday.In
April 18, 2018
Nobody seems to know as to why the country is witnessing a cash crunch. The demonestisation is behind us. And the currency in circulation is at Rs 18.4 lakh crore, which is well over Rs 17.9 lakh crore at the time of note ban. But even this may not be enough to meet the rising demand of cash.


BusinessToday.In
New Delhi, April 17, 2018
The association also claimed people across the country are fearful over the proposed the FRDI (Financial Resolution and Deposit Insurance) bill, 2017, which proposes to create a framework for overseeing financial institutions like banks. It said people are hoarding money, especially Rs 2000 notes, instead of depositing it in banks.


BusinessToday.In
April 16, 2018
Infosys announced a conservative EBITA margin guidance of 22-24 percent for FY 19 (versus 24.3 percent in FY18), which analysts said spooked market. But the market seems to have got it all wrong. The lower guidance was expected by many under the leadership of Salil Parekh who took over the CEO of the $10 billion company on January 2 this year.


BusinessToday.In
April 16, 2018
At 9:37 am, the stock was trading at 1,125 level, 3.70% and 4% lower on BSE and NSE, respectively. On Friday, the stock closed 0.58% higher at 1,169 level on BSE before the earnings were announced in evening.


PTI
April 12, 2018



Anand Adhikari
April 12, 2018
Axis Bank is actually amongst the top five large banks in India in terms of overall performance. In a recent Business Today - KPMG Best Banks Study 2016-17, Axis Bank scored high on many of the key parameters.


Manu Kaushik
New Delhi, April 12, 2018
In the coming years, growth in India's domestic BPO market would be the biggest change maker. Parallel to the growth in the domestic BPO market, there has been a surge in demand for speech analytics in regional languages, says Ady Meretz.


Manoj Sharma
New Delhi, April 12, 2018
Sikha Sharma's term ends at a time when the country's third largest private bank is rocked with the problems of rising non-performing assets, leak of financial results, non-compliance with its asset classification norms, and falling profit.


Rajashree Rao
New Delhi, April 10, 2018
The blockchain is the invisible technology that is radically transforming the future of the world economy and gaining traction in the capital markets industries.


BusinessToday.In
April 10, 2018
Axis Bank's Shikha Sharma has had an illustrious career in banking, regardless of the rough patch that's hogging the headlines lately. Known for her calm and composed disposition, Sharma is not new to tough times.


BusinessToday.In
New Delhi, April 9, 2018
A payments bank is a new category of banks conceptualized by the Reserve Bank of India. Its main goal is to promote financial inclusion and increased access to financial services. It can't offer loans or credit cards. Watch BusinessToday.In's video to know what is a payments bank and how is it different from other categories of banks.


Devika Singh
New Delhi, April 9, 2018
TrulyMadly users will now be able to use Yoti to verify their personal details, such as name and age, which will boost the Trust Score on their profile, giving other daters assurance that the profile is genuine.


PTI
New Delhi, April 8, 2018
Around 34-crore post office savings account holders will be able to avail a full-fledged digital banking service from May as the government has approved linking such accounts with that of India Post Payments Bank (IPPB).


Karan Dhar
April 6, 2018
Though the banks have 'prohibited' their customers from dealing in crypto assets, experts believe there is no reason for investors to get jittery.


PTI
April 6, 2018



BusinessToday.In
April 5, 2018
Today, the Reserve Bank of India released a statement directing all regulated entities, including banks, to stop dealing with individuals and businesses dabbling in virtual currencies. This amounts to a ban on banks in dealing with companies or individuals that trade in cryptocurrencies.


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