Use your phone for shopping, to pay bills as UPI goes live

UPI is a payment solution, which empowers a recipient to initiate the payment request from a smartphone. The National Payments Corporation of India (NPCI) on Thursday said the Unified Payments......

Banks Board Bureau to be set up in 4 months: FinMin

The government will soon set up an autonomous Banks Board Bureau, a super authority for public sector unit lenders to recommend board level appointments and advise on strategies for raising funds......

All-women bank set to have a pan India presence

The number of Bhartiya Mahila Banks (BMB), the country's first all-women bank chain, will touch 80 branches across the country with 20 exclusive ones in rural areas by March this year, a top......

Quick recap: Factors that played spoilsport for banks in 2014

In terms of banks' loan growth, the past year has possibly been the worst in about a decade. Data show as of December 12, credit grew 10.8 per cent year-on-year, compared with 14.9 per cent during......