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IDBI Bank first PSB to open IBU unit in GIFT

IDBI has become the first public sector bank to open its IFSC Banking Unit (IBU) at the International Financial Services Centre (IFSC) in Gujarat...

State Bank of India Launches ‘mVisa’

State Bank of India (SBI), country’s largest commercial bank, recently announced the launch of mVisa, a mobile-based payment solution. The service will enable customers to...

Indian Banking Sector Ripe for Innovative Technologies

The global outsourcing market in Banking, Financial Services and Insurance (BFSI) sector is forecasted to grow to a CAGR of 6.79% during the period...

Kotak Mahindra Bank opens IFSC banking unit at GIFT

Kotak Mahindra Bank Ltd. becomes the fourth bank to open its IFSC Banking Unit (IBU) at India’s first and only International Financial Services Centre...

Foreign funds can now invest more in YES Bank

New Delhi: YES Bank here on Monday said the foreign funds investment limit in the country's fifth-largest private sector lender has been increased to...

With 10 branches, first small finance bank start operations

The bank’s business is projected to increase four-fold from Rs 3,000 crore as on March 31, 2016 to Rs 12,000 crore and branch network...

DBS unveils India’s first mobile-only bank

DBS unveils India’s first mobile-only bank, targets 5-mn customers New Delhi: DBS Bank, Singapore’s largest bank, has unveiled digibank, India’s first mobile-only bank, targetting five million...

SBI Quick Introduces Facility to Control Debit Card Frauds

New Delhi: State Bank of India has launched a facility under “SBI Quick: SMS and Missed Call banking” service whereby the customer can choose...

Sebi mulls entry of banks, MFs in commodity markets

Sebi working on entry of banks, MFs, FPI in commodity markets Market regulator Securities Exchange Board of India (Sebi) is planning to allow new participants...

ICICI Bank plans to invest in Fintech startups

New Delhi: Private sector lender ICICI Bank has announced that it will invest in fintech startups, reported HT. It is interested in startups that work...

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