Business Correspondent Of Axis Bank

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Ease biz correspondent norms: Private banks

Private sector banks have sought relaxation in the present norm that limits the deployment of business correspondents within 15 km range of a branch to give them flexibility in operations to meet......

Bharti Airtel to apply for payment bank

Top mobile operator Bharti Airtel on Thursday said it will apply for a payment bank licence, while private sector lender Kotak Mahindra Bank will have a 19.9 per cent stake in the proposed banking......

Questions raised on viability of Mor panel's banking report

The committee’s suggestion that existing commercial banks be allowed to hold payment banks as subsidiaries is also seen as unviable by RBI and the finance ministry.The Union finance ministry......

Lax security led to card-skimming frauds: RBI

The recent instances of illegal debit card-skimming leading to money theft from other bank accounts can be attributed to non-practice of authentication processes in the jurisdiction where the money......

Mobile transactions to soar in India

Payments and banking transactions through mobile phones in India are expected to touch $350 billion (Rs 1,560 crore) by 2015, according to The Boston Consulting Group (BCG), a global management......

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Business Correspondent Of Axis Bank

News for Business Correspondent Of Axis Bank

Ease biz correspondent norms: Private banks

Bharti Airtel to apply for payment bank

Questions raised on viability of Mor panel's banking report

Lax security led to card-skimming frauds: RBI

Mobile transactions to soar in India

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