PNB Issued Over 41K LoUs Since 2011: FinMin
Scam-hit Punjab National Bank (PNB) had issued as many as 41,178 Letters of Undertaking (LoUs) since 2011, of which 1,5... Read more
Shriram Transport Raises ₹ 1,830 Cr Via Bonds
Shriram Transport Finance Company today said it has raised ₹ 1,830 crore by issuing bonds on a private placement bas... Read more
New Tool To Switch On/off Cards To Check Fraud
Amidst rising instances of online frauds, a new software tool allows credit/debit card customers to switch on or off t... Read more
NBFCs Urged To Comply With Money Laundering Rules
Unregistered NBFCs pose a risk to the financial system Read more
Steward Bank Selects NetGuardians' Software To Fight Financial Crime
Zimbabwe-based Steward Bank has selected NetGuardians' software in its fight against cyber-fraud. Read more
ASI, Virgin Money To Create New JV For Asset Management Services
Virgin Money has agreed to establish a joint venture (JV) with Aberdeen Standard Investments (ASI), the investment arm o... Read more
Royal Bank Of Canada Launches API Developer Portal
Royal Bank of Canada (RBC) has become the first bank in the country to launch an Application Programming Interface (API)... Read more
BBVA Tests Biometrics Facial Recognition Payments System
Spain-based Banco Bilbao Vizcaya Argentaria (BBVA) has launches its invisible payments strategy. Read more
Finantix Buys Asian Fintech Start-up Smartfolios
Finantix, which provides enterprise solutions in wealthtech, insurtech and regtech, has acquired smartfolios, a quant en... Read more
Saxo Bank, Valuable Capital Partner On Investment Services
Denmark-based fintech specialist Saxo Bank has collaborated with Hong Kong-based Valuable Capital Group to provide inves... Read more
Bank Of Lithuania Seeks Proposals For Blockchain Platform Development
The Bank of Lithuania is inviting software developers from Lithuania and across the world to submit their proposals for ... Read more
Do The New Changes To SALT Affect Your Taxes?
After the release of the Tax Cuts and Jobs Act (TCJA) last December, I’ve heard the acronym SALT more frequently than... Read more
Tax Reform: You May Notice A Bigger Net Paycheck In 2018
If you are like me, you probably wish you had just a little bit more in each paycheck. You tell yourself, if I only had ... Read more
YES Bank Sells 2.17% Stake In Fortis Healthcare
Private sector lender YES Bank has sold 2.17 per cent stake in Fortis Healthcare, out of over 17 per cent stake it acq... Read more
There Cant Be Parallel Inquiry By Courts, Centre Tells Supreme Court In PNB Fraud Case
The Centre today told the Supreme Court that there cannot be a “parallel inquiry” and “parallel monitoring” by... Read more