Off-grid lighting programme launched by IFC
IFC, a member of the World Bank Group, has launched a programme aimed at providing off-grid lighting to…
By Elets News Network · 04 Jun 2012Apply online in RBI’s foreign exchange dept
RBI has started an application tracking system (ATS) in foreign exchange department which allows customers to file application…
By Elets News Network · 04 Jun 2012Yes Bank introduces online recurring deposits scheme
Yes Bank has launched an online recurring deposits (RD) scheme which will allow customers to calculate their monthly…
By Elets News Network · 01 Jun 2012Uttarakhand banks to be connected by CBS link by March 2013
Core Banking Solutions (CBS) is to connect all cooperative banks in Uttarakhand by March 2013. The initiative is…
By Elets News Network · 23 May 2012RBI allows ultra small banks in rural areas
In order to improve financial inclusion in unbanked rural areas, the Reserve Bank of India has allowed banks…
By Elets News Network · 18 May 2012India is ranked 21st among 34 countries surveyed for m-commerce
The MasterCard Worldwide study MasterCard Mobile Payments Readiness Index (MPRI) has been released today. The survey relies on…
By Elets News Network · 15 May 2012SMS-based mobile wallet for remittance between Nepal and Australia
A new mobile wallet based on SMS text messaging has been announced by MHITs, a mobile developer and…
By Elets News Network · 07 May 2012TRAI reduces tariff for digital cable TV
From July 1 a new tariff structure for digital cable systems will come into effect in the four…
By Elets News Network · 01 May 2012RBI allows intra-bank account portability
The Reserve Bank of India has asked banks to allow intra-bank account portability in cases where full KYC…
By Elets News Network · 28 Apr 2012UPPCL launches online payment facility for consumers
The UP Power Corporation Limited (UPPCL) has announced the launch of the service through which electricity bills could…
By Elets News Network · 25 Apr 2012