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Standard Chartered Chief Executive Bill Winters this month branded the banks income and profit unacceptable, as below-forecast third-quarter results underlined the challenges facing his overhaul.

Standard Chartered Bank opens new GBS centre in Bengaluru

Bank's strategy to invest USD3 billion over three years in technology and systems which it announced in 2015.

10 Oct 2017 9:02 AM GMT

In various seminars conducted by the police as part of its corporate social responsibility, it has asked the younger lot to make an effort to make older citizens understand the pros and cons of online and cashless transactions.

India 4th in online fraud, digital adoption still high

Out of the three sectors, Indian retail merchants experienced high fraud rates of as much as 5 per cent of total Gross...

22 Nov 2017 9:29 PM GMT

Digital finance also offers major technological and infrastructure challenges. Sparse populations, inconsistent network coverage, insufficient capital for building new business models and customers lack of trust and comfort with technology can stand in the way of success, particularly in remote or undeserved communities.

AU Bank launches Account Opening on WhatsApp

New initiative to enable customers with innovative and convenient digital banking experience in partnership with Karix...

6 Aug 2019 12:28 PM GMT

Covid-19 crisis provides an opportunity to revive, re-invent and move more banking products and services to the digital platforms, former RBI deputy governor HR Khan said.

Paper currency now seen as a COVID risk, former RBI man says banks...

Reliance Jio, with its new ties to Facebook , already hopes to use Whatsapp for cash transactions. Banks should jump on...

15 May 2020 4:47 PM GMT

The account opening process is fully digital, allowing you to open an account in minutes with just your Aadhaar card and PAN.

Quick steps to open a savings account online

With the advent of digital technology, routine tasks such as opening a new savings account have become very quick and...

18 Dec 2023 4:32 AM GMT

NiYO endeavors to inculcate the habit of disciplined savings by providing wealth products like Mutual Funds and Digital Gold wherein investments can even be done in low denominations.

NiYO fosters financial inclusion amid 4 Lakh salaried employees

NiYO announced the launch of NiYO payroll card across all the major locations in Maharashtra

19 Dec 2018 6:59 AM GMT

According to an official communiqu©, the government has asked all heads of departments (HoDs) to start e-payments of services in offices under their control stating that service providers such as BSES, Tata Power, Delhi Jal Board and MTNL have agreed to accept bill payments through electronic mode. (Photo: File | Representational)

How online payment gateways are battling cyber threats

Indian digital payments market is forecasted to grow five-fold by 2023 to more than $1 trillion.

15 Dec 2018 7:00 AM GMT

NiYO strengthens its leadership team with two new hires

NiYO is a fintech startup conceptualized in 2015 that offers digital banking solutions for salaried employees across...

10 Dec 2018 11:32 AM GMT

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Financial Literacy Week to begin tomorrow

Besides, banks have been asked to also create awareness about Banking Ombudsman scheme of the RBI.

3 Jun 2018 9:45 AM GMT

Reliance Jio will start offering cashback and benefits totalling Rs 2,599 from Friday to its Jio Prime members opting for recharge of Rs 399 and above. (Photo: AFP)

SBI, Jio extends partnership to digital payments area

SBI and Jio has a joint venture for payment bank- Jio Payments Bank.

2 Aug 2018 2:19 PM GMT

Infosys has said that its Rs 13,000-crore buyback offer will open on November 30 and end on December 14. (Photo: AFP)

Infosys deploys digital banking solution at Australian Military Bank

The comprehensive digital banking solution stack has been implemented in a fully software-as-a-service (SaaS) model.

25 Sep 2018 6:24 AM GMT

RBI Governor Urjit Patel

Working on plan to slash online charges: Urjit Patel

RBI Governor met the panel to answer questions about the November 8 abolition of 500 and 1,000-rupees notes.

20 Jan 2017 10:15 AM GMT