ICICI Lombard eyes tech upgrade, partners Microsoft to automate audits of service calls
The deployment of Microsoft’s Azure AI tools will allow ICICI Lombard to improve the accuracy of its quality audits
Explained: Why demand for cash has surged during pandemic
This is largely happening because people withdraw in larger quantities and prefer to hoard, pre-empting medical or any other form of emergencies, which has ultimately increased cash in circulation
IBA approves appointment of SBI chief GM Padma Kumar Nair as first NARC CEO
Nair was selected as the preferred candidate by a five-member committee appointed by the Indian Banks’ Association (IBA) and is likely to get a five-year term
Google Pay US users can transfer money to India and Singapore
Google Pay app users in the US can now transfer money to friends and family in India and Singapore
Veteran HDFC executive Mathew Joseph to remain CRO for two more years
The mortgage lender HDFC has announced to extend Joseph’s tenure that was likely to end on June 1 this year by another two years
FSS and NIPL join hands to expand UPI global footprint
FSS, and NPCI International Payments (NIPL), the international arm of National Payment Corporation of India), have signed a strategic partnership to expand UPI (Unified Payment Interface) rails in international markets
Open SBI account online without visiting branch with YONO: Here’s how
State Bank of India, the country's largest lender has also launched a Video KYC-based account opening feature on its mobile banking app YONO.
Spice Money appoints former HDFC Bank country head Abhay Aima as new Advisory Board Member
Finteh firm Spice Money said that it has appointed former HDFC Bank country head Abhay Aima as a new Advisory Board Member.
RIL looks to ride NUE to foray into global digital payment biz
Planning new strides in the digital payment segment, Reliance Industries’ proposed New Umbrella Entity (NUE) for payments services, in a consortium with Infibeam Avenue, Google and Facebook has set its eyes on global launch.
Budget 2021 adequately supports SMEs, education and BFSI sectors, says top CXOs
Increasing the FDI limit to 74% from the current 49% in the insurance sector is a welcome move by the government which was long overdue, says BFSI leaders on the Union Budget 2021.
