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BankingTech FinTech

Small-savings inflows are down to a trickle

February 27, 2021 at 04:51PM
Collections seen inching up by 3% y-o-y in FY21 on falling rates, rising equities
via Business Line – Money & Banking https://bit.ly/3ksOUSW
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BankingTech FinTech

‘Insurance sector transforming, stakeholders must work together’

February 27, 2021 at 04:12PM
BCG and India Insurtech Association report highlights fundamental shifts
via Business Line – Money & Banking https://bit.ly/3svsBik
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BankingTech FinTech

United India Insurance reclassified as public shareholder of Axis Bank

February 27, 2021 at 03:33PM
State run United India Insurance Company has been reclassified as a public shareholder of Axis Bank from its earlier position as a promoter shareholde
via Business Line – Money & Banking https://bit.ly/3syGXym
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BankingTech FinTech

Matam Venkata Rao appointed as MD & CEO of Central Bank of India

February 26, 2021 at 04:05PM
The Centre has appointed Matam Venkata Rao as Managing Director & CEO of Central Bank of India for a period of three years.He is currently an Exec
via Business Line – Money & Banking https://bit.ly/3kt7c6Q
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BankingTech FinTech

G-Sec yields continue to rise

February 26, 2021 at 03:40PM
The Government Securities (G-Sec) market continued to be spooked by a host of factors, including oversupply of G-Secs, rising US Treasury yields and o
via Business Line – Money & Banking https://bit.ly/3q63ql3
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BankingTech FinTech

Umbrella entity for retail payments: Race for licence gathers momentum

February 26, 2021 at 01:13PM
SurabhiEven as the Reserve Bank of India extended the timeline to apply for a licence as a pan-India umbrella entity for retail payments to March 31,a
via Business Line – Money & Banking https://bit.ly/3ksDy1y
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BankingTech FinTech

New umbrella entity for retail payments: RBI extends timeline to make application up to March 31

February 26, 2021 at 10:43AM
The Reserve Bank of India on Friday extended the time to make application for authorisation as a pan-India new umbrella entity for retail payments to
via Business Line – Money & Banking https://bit.ly/3dNgTvg
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BankingTech FinTech

Kotak Mahindra Bank picks up 9.99% stake in Ferbine Private Ltd

February 25, 2021 at 04:14PM
Tata Sons promoted company set up to apply to RBI for a license for umbrella entity for retail payments
via Business Line – Money & Banking https://bit.ly/3qUdaA3
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BankingTech FinTech

Recent advisory on social-media posts ‘not to curtail freedom of expression’, says ICAI

February 25, 2021 at 12:55PM
KR SrivatsThe CA Institute has said that its recent advisory on social-media posts cannot, by any stretch of imagination, be termed as curtailing/infr
via Business Line – Money & Banking https://bit.ly/3usVtJU
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BankingTech FinTech

IRDAI asks insurers to offer standard personal accident cover from April 1

February 25, 2021 at 12:50PM
Our BureauFrom April 1, general and health insurers will have to offer Standard Personal Accident Insurance Product. As per the final guidelines issue
via Business Line – Money & Banking https://bit.ly/2MsDn9Q