Finance

How The Three Fraudulent Transactions Happened At CUB

Hackers disabled the printer connected to SWIFT before the heist, says CEO Kamakodi Read more

Exposure To Rotomac Group ₹517 Cr: Allahabad Bank

Allahabad Bank has said that it has an exposure of ₹517 crore to the Rotomac group. In response to a clarification s... Read more

CVC Directive On Transfer Of Bank Staff Will Affect Year-end Operations: Unions

Petition the commission to defer the order till March 31 Read more

Wage Revision: IDBI Bank Staff Back On War Path As Impasse Continues

Management has been indifferent to the issue, says union; dharna planned outside head office in Mumbai today Read more

Spotlight On Weak Governance, Poor Risk Management At PSBs

Checks and curbs exercised by top bank officials have over the years been significantly diluted, says industry veteran Read more

LIC To Tune Into Radio With ₹12-15-cr Ad Spend

Looks to market services through advertiser-funded programmes Read more

Bank Staff Transfer Ruling Has To Be Revisited, Says Officers Union

To affect bank operations Read more

PNB Asks Nirav Modi To Come Up With Implementable Plans To Repay Dues

Punjab National Bank said this in its response to a mail written by Nirav Modi, who allegedly cheated the bank of Rs 11,... Read more

NatWest Tests AI-powered Digital Human To Answer Customer Queries

NatWest, a UK-based retail and commercial bank, has started advanced testing of an artificial intelligence (AI) driven d... Read more

Enough Assets To Meet Any Liability, Says PNB

State-owned PNB today said it has followed lawful avenues to recover its dues following the Rs 11,400-crore swindling ... Read more

ATM Interchange Fee Needs To Be Revised Upwards To Rs 18: Sanjeev Patel

The ATM interchange fee needs to go up to Rs 18 at least from the current Rs 15, said Sanjeev Patel, Chief Executive ... Read more

New NPL Framework May Push Up Banks Credit Costs, Undermine Earnings: Fitch

‘However, stronger regulatory efforts coupled with bank recap could help support a recovery over medium term’ Read more

Banco Santander To Use Appians Platform In The Cloud For Enterprise Process Improvement

Spanish banking group Banco Santander has agreed to use Appian’s platform in the cloud for enterprise process improvem... Read more

Temenos To Acquire UK Financial Technology Firm Fidessa

Swiss banking software provider Temenos has agreed to acquire UK financial technology firm Fidessa in a cash deal valued... Read more

Texcent Gets Remittance License From Monetary Authority Singapore

Payments company Texcent Asia has received remittance license from the Monetary Authority Singapore (MAS). Read more