Online platform for G-secs trading launched by RBI
The Reserve Bank has introduced Internet-based platform for trading in secondary market of government securities for gilt account…
By Elets News Network · 02 Jul 2012RBI caps merchant discount rates for transactions via debit card
In order to encourage debit card transactions, the Reserve Bank of India has announced a cap on the…
By Elets News Network · 29 Jun 2012Point of sale service to be launched by MTS
Telecom firm MTS is all set to launch a service called mPOS (Mobile as Point of Sale).The company…
By Elets News Network · 28 Jun 2012Public sector banks must shift to e-payments: Finance Ministry
The finance ministry has asked state-run banks to stop making payments to their customers through cheques from July…
By Elets News Network · 28 Jun 2012Uniphore and Nuance to provide voice biometrics for banks
Nuance Communications, a voice and language solution provider, and Uniphore Software Systems, a software company which focusses on…
By Elets News Network · 27 Jun 2012Mobile card payment service by MTS
Sistema Shyam TeleServices Ltd launched MTS mPOS service designed to accept of card-based payments through mobile phones and…
By Elets News Network · 27 Jun 201280,000 ATMs to be opened by non-banking entities in next 8 months
According to finance ministry sources non-banking entities, which have been allowed by RBI to operate ATMs on behalf…
By Elets News Network · 24 Jun 2012RBI wants more SCB branches
The Reserve Bank of India said domestic scheduled commercial banks (SCBs) will have to allocate at least 25…
By Elets News Network · 22 Jun 2012‘Money-On-Mobile’ launches mobile payment services
My Mobile Payments Ltd (MMPL), a mobile payment service provider, announced the launch of ‘Money-on-Mobile’ (MOM), an M-Wallet…
By Elets News Network · 13 Jun 2012Mobile banking to be launched by Karnataka Bank
Karnataka Bank Ltd is coming up with mobile banking which will set in operation within the next two…
By Elets News Network · 05 Jun 2012