Banking & Finance

Tranche 3 lending for improving railway sector Kenichi Yokoyama (in tie) and Indian officials with signed loan documents. India and the Asian Development Bank (ADB) have signed a US$120 million loan agreement for double-tracking and electrification of railways tracks along...

34% CAGR growth for B2B commerce transaction Commerce Secretary Rita Teaotia has called for an over-arching national e-commerce policy to tap the huge opportunities in this segment. Teaotia said while the B2C commerce transactions in India were growing rapidly at...

Govt fast track solar development Modi and Macron in Varnasi on 12 Mar 2018 when they inaugurated the solar plant at Mirzapur. Bidding of 225 MW solar power plants will be opened on 12th April, 2018 as part of developing...

287 projects in tendering stage About 287 Smart City projects worth Rs. 14,296 crores are in tendering stage and works on-ground is expected to start very soon, a release from the Press Information Bureau said on 14 Mar 2018. Since...

India among drivers of global economy, Narendran Thirty one percent of companies in India are considering a different organisational structure, according to key findings of a joint study by Willis Towers Watson (NASDAQ: WLTW) and Confederation of Indian Industry (CII)....

Tech for merchants to take instore and online payments   To meet the needs of the rapidly evolving and growing payments technology landscape in India, Verifone (NYSE: PAY) and Ezetap have formed a partnership for Indian merchants. The parntership will...

IBBI and RBI to implement Code, 2016 The Insolvency and Bankruptcy Board of India (IBBI) signed a Memorandum of Understanding (MoU) with the Reserve Bank of India (RBI). The MoU was signed by Sudarshan Sen, Executive Director of the RBI...

A lot to learn from US experience of 2007-8 All out efforts must be made by banks, regulators, government and India Inc to limit the collateral damage from the alleged fraud in PNB, said the ASSOCHAM. ASSOCHAM cautioned over-reaction by...

Real-time solutions for digital payments ACI Worldwide (NASDAQ: ACIW) and AGS Transact Technologies (AGSTTL) have unveiled ‘Transactions 2025,’ with in-depth insights into India’s digital payments revolution. It outlines the key growth drivers for digital payments in India’s burgeoning banking and...

RBL to introduce innovative features Commerce-enabling technology, First Data (NYSE:FDC), will help RBL Bank migrate their credit card customers to its latest proprietary VisionPLUS® software providing end-to-end card processing services for the bank. “We are delighted to form this new...