Topics: Banking

Reports: Indian education institutions attacked most by hackers

Education domain is one of the most "at-risk" industries in India, with the sector accounting for more than 30 percent of cyber threats targeting...

NIUM launches its cross-border payments platform in Indonesia

With the attempt to strengthen its position in Southeast Asia’s cross-border payment space. NIUM (a formerly known as InstaReM) on Wednesday, said that “It...

Apple Pay faces heat in Europe, EU antitrust regulatory seeks for details

US tech giant, Apple Inc, faces another heat in Europe as the EU antitrust regulators have asked the online sales companies whether they have...

Mindtree introduces Blockchain-powered ‘Merchant On-Boarding’ solutions for Banks and Payment service providers

A Banglore-based technology service provider, Mindtree on Wednesday launched its new Blockchain-powered “Merchant On-Boarding” solutions for banks and payment service providers. In a statement issued...

Asian internet companies are competing with traditional banks on consumer finances

Asia’s internet firms are challenging the region’s traditional banks for consumer finances, tapping their massive user networks for business and following a trail blazed...

Exim Bank extends two line credit worth of $180 Mn for two projects of Ghana

The Exim Bank has extended two lines of credit (LoCs) worth USD 180 million to two projects in Ghana. The bank has given a USD...

To recover Rs 423 crore, SBI invites Express of Interest to sell two dud accounts

SBI has invited expression of interest from asset reconstruction companies and financial institutions to sell two non-performing accounts to recover dues of over Rs...

NTPC infuses Rs 2000 crore as short term loan in Canara Bank

One of India's largest state-run power utility company, NTPC on Friday has announced that it has agreed to infuse Rs 2,000 crore in...

SBI raised Rs 1,251 crore through Basel III-complaint bonds

One of India's largest public bank, State Bank of India has raised Rs 1,251.30 crore from Basel III-complaint bonds. In a regulatory filing on Friday,...

SEBI exempts the government from issuing an open offer for Union Bank shareholders

Markets regulator SEBI on Friday exempted the central government from making an open offer for the shareholders of Union Bank of India following capital...

Exim Bank grants $83 million in loans to Congo to finance three solar power projects in Central Africa

Exim Bank on March 19 said it has given a loan of $83.11 million to Congo to finance three solar power projects in the...

IT sector may see the growth of 9 percent in FY19-20

The information technology services sector is estimated to clock a flat growth of upto 9 percent in the fiscal year 2019-20, a report said...

RBI not in a favour of changing the name of IDBI Bank

The IDBI Bank's proposal for changing its name has not found any favour from the Reserve Bank of India, sources said. The board of...

Lakshmi Vilas Bank secures Rs 459 crore through QIP

India's private sector bank, Lakshmi Vilas Bank has announced that "It has raised Rs 459.59 crore through Qualified institutions placement (QIP)." Lakshmi Vilas Bank, in...

India’s largest bank SBI to suspend, internet banking services for few customers

India's largest bank, State Bank of India is planning to suspend the access of internet banking services for some of its customers who have...

World Bank is Employing Blockchain Technology

Contrary to the idea behind the genesis of blockchain–to make financial transactions without the need for a government or bank–the largest deployer of blockchain...

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