Banking

Currency in circulation declined during the Diwali week, supposed to be a busy shopping period, for the first time in 20 years this year. This can be explained by the growing preference for digital payments. The report where…

According to a report by KPMG, 66% CEOs in India expect a recession next year. However, 58% of them believe that the economic downturn will be mild and short. As per KPMG in 2022 India CEO Outlook, the major concerns faced by the…

As compared to the sales of gold and silver jewelry last year Karwa Chauth, this festival saw a jump of around 36 per cent. Due to covid, the business had taken a toll, but this news has brought the much-needed sigh of relief to the…

Google has always taken security very seriously. This time around, the company has introduced a new passkey feature for Android devices and Chrome to offer additional security to users. Instead of using passwords, users will now be…

In a move that it said would help in bringing financial services and literacy to more citizens in the country, India launched 75 digital banking units in villages and small towns across the country on Sunday. Digital Banking Unit In…

The privatization of IDBI Bank will reportedly begin by March and is expected to end by the next financial year.  Strategic disinvestment process for multiple PSUs is going on in parallel. In 2019, LIC acquired a controlling stake in…

Kia India has announced that it is recalling 44,174 units of its latest offering, Kia Carens to inspect a potential issue in the air bag control module software on Tuesday. Kia Recalling Kia Carens If the automaker finds…

A recent NPCI circular directed that no charge will be applicable for RuPay credit card use on Unified Payments Interface (UPI) for transactions up to Rs 2,000 in line with the RBI guidelines. How Does It Work? When it comes to…

The Reserve Bank of India notified on Thursday that it canceled the license of Maharashtra-based Laxmi Co-operative bank, saying that the lender does not have adequate capital and earning prospects. Members and non-members of such…

According to the data complied by Tracxn, the month of August for startups in India was a tough one as funding rounds declined 20 percent when compared with July 2022. The Funding Winter is Here As compared to the previous month,…

As the world's largest cryptocurrency nosedives again amid global economic turmoil, it has been reported that more than half of all Bitcoin daily trading volumes are reportedly fake. 50% of Trading Volume Fake More than 50% of…

Indian IT Giant Wipro is inviting applications for Freshers for hiring across India. Multiple batches 2020/2021/2022 are invited to apply for the position. So if you are interested or in case know someone who might be, then…

A Meta Platforms Inc (META.O) spokesperson said that the company is setting up a new group that will focus on creating products and features for its Facebook, Instagram and WhatsApp platforms that people will be able to purchase …

A new bounty programme has been announced by Google, wherein any researcher who spots a vulnerability in Google’s Open Source projects will be given a huge reward. This reward will be of as much as $31,337, which comes to be around…

For the second month in a row, SpiceJet employees alleged a delay in the disbursal of salaries on Wednesday. In its defense, the budget airline mentioned that the payments were being made in a "graded format". SipceJet Delayed In…

Maruti Suzuki is gearing up to launch as many as 3 new SUVs to establish its huge presence in the SUV segment.  These 3 SUVs are Brezza, Maruti YGF Mid-Size SUV, Baleno Cross, and Maruti Jimny. As per reports, they will be launched…

In a bid to improve the quality of services provided to tourists visiting Chhattisgarh, the state government has decided to invite bids for over 20 state-owned resorts and motels in the state from private investors. The heavily…

RBI has lifted restrictions imposed on American Express Banking Corp after the latter demonstrated satisfactory compliance to RBI rules. The restrictions were imposed based on an order dated April 23, 2021 in accordance with RBI…

On August 23, NDTV said there was no consent from its founders for the exercise of rights by Vishvapradhan Commercial Pvt Ltd (VCPL) to acquire 99.50 percent control of RRPR Holding Pvt Ltd (RRPRH). VCPL Acquiring Stake In NDTV …

It has been a little over 2 years, that the post covid virus hit world, is working remotely. Adjusting to the WFH setting was already difficult and challenging, but now the working populace seems to have taken a liking to it. It is…