Finance

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

NMI To Acquire Payment Gateway Services Provider Creditcall

Payments enablement technology provider NMI has agreed to acquire Creditcall, a multichannel payment gateway and EMV sta... Read more

BankLabs Introduces +Pay To Automate Payments Streams For Construction Industry

BankLabs, a provider of mobile technology products for community banks, has launched +Pay, an automated payment stream b... Read more

Deutsche Bank Plans To Axe 250 Investment Banking Jobs

German banking and financial services firm Deutsche Bank is reportedly planning to cut up to 250 investment banking jobs... Read more

D.A. Davidson, MCF Corporate Finance Agree To Create Transatlantic Partnership

US-based full-service investment bank D.A. Davidson has partnered with MCF Corporate Finance, a European independent M&a... Read more

Passports Of Nirav Modi, Mehul Choksi Suspended In ₹11,300 Crore Bank Scam

CBI files FIR against Modi’s partner Mehul Choksi Read more

Nirav Modi Case: SBI Discloses $212-mn Exposure Through PNB

The country’s largest lender SBI today said it has an exposure of $212 million (about Rs 1,360 crore) in respect of ... Read more