After working together on Jio Payments Bank, Reliance Jio and the State Bank of India have decided to widen the scope of their partnership to online banking services and loyalty programmes.

This initiative aims to facilitate those who can't stand in long ATM queues or are not in a position to perform bank-related tasks themselves. Cases related to elderly becoming victims of theft, snatching, robbery, etc, while they do bank-related work, are on the rise.

The Instant Money Transfer service by State Bank of India allows the bank's customers to make wire transfers by providing just the basic details of the beneficiary.

IDBI now has to expand and exploit the safe-bet retail business to improve its share of retail banking both in terms of retail advances, as also low-cost current and savings accounts (CASA).

A new breed of fintech lenders is creating a niche segment.

Fintech players are making a mark in the lending business but need a sustainable business model.

The SC is scheduled to hear the petition against the RBI circular on July 20, but had agreed for an early hearing on July 3 on a separate petition filed by Internet and Mobile Association of India, which considers the cryptocurrency exchanges as its members.

How financial technology companies are transforming the banking sector.

The much-awaited report by the Justice BN Srikrishna-led committee for a data protection framework for India is expected by the end of the month.

It has gained 3.47% during the last five days. The stock has gained 42% during the last one year and 31.91 percent since the beginning of this year. The firm inked a $690 million deal with M&G Prudential, the UK and European savings and investments business of Prudential Plc, to digitally transform their business and deliver enhanced service for its UK savings and retirement customers.

Banking services took a hit on the second consecutive day of the nationwide bank strike which was called by employees' unions of state-run banks.

The Telecom Regulatory Authority of India (TRAI) plans to use blockchain technology to contain unsolicited calls and messages; with petrol and diesel price rise likely to hit inflation, the banking regulator may now be forced to tighten the monetary policy and hike interest rates in its June 6 meeting and one out of every five Indians in the age group of 27-37 who are the most prolific in using digital banking apps, reported a digital banking fraud in the past year. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.

Banks are joining hands with fintech companies to provide new services to customers.

A month after Tata Consultancy Services made history as the first listed Indian IT firm to hit market capitalisation of over $100 billion (Rs 6.78 lakh crore), it has now become the first desi company ever to breach the Rs 7 lakh crore mark, albeit briefly.

The Narendra Modi government in November 2016 had banned old currency notes of Rs 500 and Rs 1,000, which comprised over 80 per cent the country's cash, to curb black money and promote digital transactions.