Recent Highlights
All Stories for Imps
Manappuram Finance kick-starts doorstep gold loan delivery to customers in Delhi, Mumbai
• 6 years agoThe company will offer the doorstep gold loan facility across 50 branches each in Mumbai and in Delhi, it said in a release.
Digital payments: Lifting cap on ticket size of transactions will speed up sector growth
Vinay Kalantri • 6 years agoThe trend seems to be accelerating ever since the Reserve Bank of India that regulates the payment industry allowed interoperability among payment service providers sometime ago.
Digital payment transcations rise over 3-fold at 207% to 244.81 cr in August 2018: IT Ministry
Fp Staff • 6 years agoExisting payment modes such as debit cards, credit cards, Immediate Payment Service (IMPS) and Pre Paid Instruments(PPI) have registered substantial growth as well.
Narendra Modi to launch India Post Payments Bank on 1 September; to leverage reach of 1.55 lakh post office branches
• 7 years agoThe payment bank will be used by the government to distribute NREGA wages, subsidies, pension etc
India Post Payments Bank to start operations soon with 650 branches, 17 cr accounts
• 7 years agoThe payments bank will gradually link all 1.55 lakh post offices in the country to offer the service.
Paytm to invest Rs 5,000 cr over next 3 years to grow bank transfers, other payments facilities
• 7 years agoPaytm is aiming to process Rs 60,000 crore in monthly bank transfers alone by the end of this year.
Digital transactions in India have crossed 1 billion mark indicates RBI report; UPI sees biggest growth
Tech2 News Staff • 7 years agoThe RBI report says that UPI transactions were only 2 million in December 2016 and by December 2017 that number had risen to 145.5 million.
SBI gives more time to associate bank customers to collect new cheque books; validity of old ones ends on 31 December
Fp Staff • 7 years agoSBI customers can visit their nearest SBI branch for collecting new cheque book or they can log in to mobile banking app for the purpose
SBI changes names, IFSC codes of around 1,300 branches across major cities
• 7 years agoPost the merger of its five associates, State Bank of India has changed names and IFSC codes of nearly 1,300 of its branches.
Digital payment up in India after demonetization; debit cards see a decline in usage
Ians • 7 years agoInvestment banking firm Jefferies on Monday said there is growth in digital payment mode by bank customers post-demonetisation.