Indian Banking Industry News & Updates

Axis Bank and IndusInd Bank aim to raise Rs 4,000 cr
Axis Bank and IndusInd Bank are planning to raise about Rs 4,000 crore in perpetual bonds and infrastructure bonds to make use of a window before the Reserve Bank of India's monetary policy next month that could signal the reversal of ultra-loose policy, said three people familiar with the matter.

26 Nov 2021
Yes Bank partners Amazon Pay for UPI, chooses AWS for payment processing
Yes Bank has partnered with Amazon Pay and AWS to offer UPI payment to users. In FY21, Yes Bank recorded a market share of around 40% by volume in the UPI ecosystem and around 30% by volume in the UPI merchant acquiring business thanks to the integration with PhonePe.

26 Nov 2021
Yes Bank collaborates with Amazon Pay and AWS to offer UPI payment services
Yes Bank on Thursday announced its collaboration with Amazon Pay and Amazon Web Services (AWS) to offer customers an instant real-time payment system through a UPI transaction facility.

26 Nov 2021
RBI tweak will lead to more NPAs for non-banking lenders: ICRA
The Reserve Bank of India’s modified norms on non-performing asset (NPA) recognition and upgration will lead to a spike in the NPAs of non-banking financial companies (NBFCs), including housing finance companies (HFCs), in the near term, ICRA has cautioned.

26 Nov 2021
HSBC to issue cards with recycled plastic as part of net zero plan
As part of its commitments to sustainability and a net-zero future, HSBC has launched India’s first credit card made from recycled PVC plastic (rPVC). The cards are issued in partnership with IDEMIA (a global cards manufacturer) and will help gradually eliminate single-use PVC plastic.

26 Nov 2021
RSS Feed
16 May 2022, Monday
14 May 2022, Saturday
13 May 2022, Friday
12 May 2022, Thursday
11 May 2022, Wednesday
10 May 2022, Tuesday
09 May 2022, Monday
07 May 2022, Saturday
06 May 2022, Friday
05 May 2022, Thursday
04 May 2022, Wednesday
03 May 2022, Tuesday
02 May 2022, Monday
30 April 2022, Saturday
29 April 2022, Friday
28 April 2022, Thursday
27 April 2022, Wednesday
26 April 2022, Tuesday
25 April 2022, Monday
23 April 2022, Saturday
22 April 2022, Friday
21 April 2022, Thursday
20 April 2022, Wednesday
19 April 2022, Tuesday
18 April 2022, Monday
16 April 2022, Saturday
15 April 2022, Friday
14 April 2022, Thursday
13 April 2022, Wednesday
12 April 2022, Tuesday

Corporate Office

405, TSL Corner
Local Shopping Complex
Sector G Mayur Vihar Phase III
Delhi - 110096, India

+91-11-49849324, +91-9958949710