arun jaitley

RIP Arun Jaitley Arun Jaitley, India’s ex finance minister, and an important leader in the PM Modi Govt. has passed away today, on Saturday. He was 66. Since few days, he was admitted in the AIIMS following complaints of…

Punjab National Bank can be merged with smaller banks With 144,952 branches of 159 scheduled commercial banks catering to the needs of about 1.3 billion people, the Indian banking system is one of the largest in the world. With the…

This year’s interim budget was presented by interim Finance Minister Piyush Goel, as our Finance Minister Arun Jaitley is undergoing treatment in the US. Piyush Goel was made the interim Finance Minister as on January 23rd, 2019.

For the first time in India, three major banks are being merged into one, and this can cause turbulence all over. Right from bank strike to opposition from bank employees, this 3-way merger has set a new precedent in Indian banking.…

Visa was established in 1958; Mastercard in 1966 and American Express in 1850. Ever since the concept of debit and credit cards came into existence in India (somewhere between 1986-87), these three cashless payment processing companies had…

Airtel Payments Bank, which was India’s 1st payments bank when they launched their operations in Rajasthan last November, has now been launched pan-India. Airtel has converted their 250,000 retail outlets into banking points, thereby…

Finance Minister Arun Jaitley announced the Union Budget for 2016-17 at the Parliament today. There was intense speculation regarding the budget, as business community, traders, and investors waited with bated breath about new announcements…