Poonawalla Fincorp and IndusInd Bank Launch Co-Branded RuPay Credit Card Introduction of the New Credit Card Poonawalla Fincorp Limited and IndusInd Bank have collaborated to launch a new co-branded credit card named the ‘IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card’. This card aims to enhance the customer experience by offering various rewards and…
Yes Bank Launches YES Grandeur: Elevating Banking for Elite Customers Yes Bank has recently introduced a premium banking proposition named YES Grandeur, aiming to cater to the discerning needs of elite customers. This initiative comes as a strategic move by Yes Bank to expand its services and enhance its clientele base. With YES Grandeur, the…
RBI Lifts Restrictions on Bank of Baroda’s (BoB) World Mobile App The Reserve Bank of India (RBI) has recently lifted the restrictions imposed on Bank of Baroda’s (BoB) World Mobile App. This decision comes after the bank complied with the regulatory norms and rectified the issues pointed out by the central bank. The lifting of…
NeoBank Revolut India Receives In-Principle Approval for PPI License from RBI The Reserve Bank of India (RBI) has granted an in-principle approval to NeoBank Revolut India for a Prepaid Payment Instrument (PPI) license. This move marks a significant development in the fintech sector in India. NeoBank Revolut, known for its digital banking services, has been…
JK Bank Introduces Virtual ATM Facility in Collaboration with PayMart India In a groundbreaking move, the Jammu and Kashmir Bank has announced the introduction of a virtual ATM facility in collaboration with PayMart India. This innovative initiative aims to revolutionize banking services by providing customers with convenient and secure access to their funds through virtual…
Karnataka Bank and Clix Capital Forge Digital Co-Lending Partnership via Yubi Platform In a strategic move to enhance digital lending capabilities, Karnataka Bank has joined forces with Clix Capital to establish a robust co-lending partnership facilitated through the innovative Yubi platform. This collaboration marks a significant milestone in the banking sector, especially in the context…
RBI Imposes ₹5.4 Crore Penalty on Paytm Payments Bank The Reserve Bank of India (RBI) recently imposed a penalty of ₹5.4 crore on Paytm Payments Bank, one of the leading digital payment banks in India. This decision by the RBI has significant implications not only for the banking sector but also for students preparing for…
SBI Introduces Mobile Handheld Device to Drive Financial Inclusion The State Bank of India (SBI), one of the largest public sector banks in India, has taken a significant step towards furthering financial inclusion with the introduction of a revolutionary mobile handheld device. In this article, we will delve into why this news is important, provide…
SBI Revolutionizes NRI Banking: Digital NRE & NRO Account Setup via YONO In a significant move that will revolutionize NRI banking, the State Bank of India (SBI) has introduced a seamless digital process for setting up NRE (Non-Residential External) and NRO (Non-Residential Ordinary) accounts through its YONO (You Only Need One) platform. This innovative step…
Axis Bank Introduces Infinity Savings Account with Zero Domestic Transaction Fees Axis Bank has recently unveiled its new savings account offering, the “Infinity Savings Account,” which comes with a remarkable feature – zero domestic transaction fees. This move has significant implications for students preparing for various government exams, including those aspiring to become teachers, police…
