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Transfer of funds through cheques has been a long-standing practice worldwide. Efficient clearance of interbank cheques is crucial for a quicker payment and settlement system. It cuts costs and ...
MUMBAI, March 17 (Reuters) - India's banking system continues to be stable and resilient, and lenders have built sufficient buffers to shield themselves from any unforeseen stress, the governor of the ...
Mumbai-based TransBnk offers a foundational layer of microservices, enabling use cases such as treasury, liquidity, and escrow management to be built upon.
India's central bank plans to allow lenders to remotely lock mobile phones bought on credit if the borrowers default on those ...
Editor’s note: This is the second of a six-chapter article on the economy of India, published this week. In “lombard street”, published in 1873, Walter Bagehot, then editor of The Economist, wrote ...
Nomura projects India’s loan growth to rise to 12% YoY by FY26, driven by stabilising asset quality, RBI policy easing, ...
Postmen transformed into agents of financial inclusion through India Post Payments Bank and digitalisation of services ...
While digitization has transformed banking for Indian consumers, corporate banking has been left in the slow lane — still relying heavily on clunky infrastructure, paper trails, and spreadsheet-heavy ...