Author: editor
To ensure that our payment systems remain resilient to conventional and emerging risks, specifically those relating to cyber security, it is proposed to issue guidelines on Cyber Resilience and Payment Security Controls for Payment System Operators, RBI Governor Shaktikanta Das said.
“At present the facility of cardless cash withdrawal through ATMs is limited only to a few banks. It is now proposed to make cardless cash withdrawal facility available across all banks and ATM networks using the UPI,” Das said.
Digital banking products and services would generally mean those financial products/services whose designs and fulfilments have nearly end-to-end digital life cycle with the initial customer acquisition / product delivery necessarily taking place digitally through self-service or assisted self-service.
The funding will be used to expand the team and launch new cross-border products
The feature will help partners of Digit ecosystem to use this tool to further amplify customers’ trust in the policy being issued on the insurer’s behalf.
Ashish Singhal, Co-chair of BACC and Founder-CEO of CoinSwitch Kuber said, “We fear the lack of provision to offset losses will drive away users from KYC-compliant exchanges and platforms to the peer-to-peer grey market, which would defeat the purpose of the new tax.
The bank will offer maximum financing on vehicle as per individual’s requirements with EMI options with a repayment tenor of up to seven years. The bank said it has designed certain exclusive features for Tata Motors car buyers availing the car finance option.
According to iGTB CEO, Mr Manish Maakan, “Adoption of iGTB’s Virtual Accounts 2022 proves the agility of this platform to exponentially grow the customer experience through technology, and provide a whole new way for banks to market cutting-edge products to new clients and SMEs.
We are delighted to collaborate with CSK to introduce a co-branded credit card, which offers the CSK fans a bouquet of exclusive privileges, said Sudipta Roy, Head – Unsecured Assets, ICICI Bank
Bombay Stock Exchange (BSE) signed an MoU with Federal Bank, to promote listing of SMEs & Startups on the BSE, SME & Startup platform.