Banks will soon offer services 24X7 digitally: Big move from RBI to help customers
The Reserve Bank of India (RBI) said existing banks can open digital banking units to offer products and services in both self-served and assisted mode round-the-clock.
Apr 07, 2022, 20:09 PM IST
NITI Aayog proposes to bring Digital Bank
Government think-tank Niti Aayog proposed setting up of full-stack 'digital banks', which would principally rely on the internet and other proximate channels to offer their services and not physical branches, to mitigate the financial deepening challenges being faced in the country
Nov 25, 2021, 09:36 AM IST
Digital banking in Puducherry aimed at reducing corruption: Kiran Bedi
Puducherry Lt Governor Kiran Bedi has said that the territorial government's order to all departments to adopt digital transactions is a proof of its resolve to reduce corruption.
Dec 22, 2016, 10:15 AM IST
Demonetisation: Centre forms panel to boost digital economy
NITI Aayog vice-chairman Arvind Panagariya will head the panel.
Nov 25, 2016, 14:28 PM IST
Arun Jaitley asks banks to promote digital banking in 'mission mode'
Finance Minister Arun Jaitley on Thursday asked banks to promote digital banking in "mission mode", saying the principal objective of the government's reform is to curtail the use of physical currency.
Nov 24, 2016, 19:02 PM IST
Banks can halve transaction costs by going digital: Report
Banks in India can reduce costs by up to 50 percent per transaction in the next few years by redesigning their processes and systems for the digital age, structurally changing their cost base and instituting more aggressive cost management processes, says a report.
Apr 01, 2016, 17:02 PM IST
Union Bank takes digital initiatives with M-passbook
This will allow customers to instantly transfer funds to any account from the branch. The limit has been set at up to Rs 2 lakh per day.
Jul 06, 2015, 16:09 PM IST
SBI plans massive branch overhaul; to focus on digital banking
"The entire SBI branch network is undergoing a transformation. There will be changes in the branch location as well as depending on where the habitation is moving.
Jul 01, 2015, 21:20 PM IST
HDFC Bank unveils PayZapp online payment solution
"PayZapp, a payment solution, will revolutionise the way payments and purchases are done on the go today using mobile devices.
Jun 15, 2015, 14:20 PM IST
ATM use: HDFC Bank to stop paper slips,to send detailed SMSes
This is a part of the digital initiative for the bank, under which it had last year launched the 'Green PIN' scheme wherein card-users were given the PIN numbers electronically rather than in a printed kit, the official said.
May 31, 2015, 12:40 PM IST
