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DIGITAL BANKING EMBARGO
Kotak Bank shares gain after RBI lifts curbsIn April 2024, the central bank took supervisory action on Kotak Bank, directing the lender to "cease and desist" onboarding new customers ...
Digital Ops Embargo: Kotak Bank says most of the work is doneThe bank acknowledged that not all of its assumptions regarding the impact of the ban aligned with its initial expectations. However, the o...
Kotak Mahindra Bank bets on deeper ties with customersKotak Mahindra Bank addresses the impact of RBI embargo on margins and unsecured loan business. Plans for branch expansion and deposit mobi...
PayU India FY24 consolidated revenue rises 22% to $1.1 billionProsus's fintech arm, PayU, reported a consolidated revenue increase of 22% in FY24, reaching $1.1 billion. This growth can be attributed t...
Paytm’s UPI payments: Two contrasting trendsWhile the payment app has grown exponentially as the beneficiary bank on UPI, on the issuance side it had stagnated from mid last year.
ETtech Explainer: The headlong rush for a payment aggregator licenceWhat does this payment aggregator licence mean? And why is it so significant for payment companies? ET explains.
After a year of regulatory ban, Razorpay, Cashfree secure RBI nod for payment aggregator businessUPI payments giant Google Pay, Mumbai-based expense management platform Enkash, payment gateway company Paymentz and Bengaluru-based neo ba...
RBI ban on onboarding customers via app can affect growth trajectory of Bank of Baroda: ReportThe Reserve Bank of India (RBI) has instructed Bank of Baroda (BOB) to halt customer onboarding through its BOB World mobile application du...
Parag Rao on what RBI lifting digital embargo means for HDFC Bank“The lifting of the digital embargo on digital 2.0 effectively means that all the backend work which we should be doing is part of the tran...
Buy HDFC Bank, target price Rs 2050: Emkay GlobalHDFC Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances ...
What’s in store for HDFC Bank investors this earnings season? Gurmeet Chadha answers“With the advances now touching about Rs 12.6 lakh crore, the liability side is shaping up well at Rs 14.5 lakh crore.”
HDFC bank issues 400,000 credit cards after embargoAfter the embargo on HDFC Bank was lifted last month, they have issued over 400,000 credit cards. This signifies the aggressive growth that...
HDFC Bank, Paytm team up for digital paymentsIn this arrangement, HDFC Bank will be the payment partner and PayTM will provide its distribution and software. The Bank will make PayTM’s...
What made HDFC Bank’s big boss write the Reserve Bank a thank-you noteHDFC Bank's CEO Sashidhar Jagdishan in a company-wide communique said the central bank's RBI embargo enabled the bank to reimagine its IT s...
Buy HDFC Bank, target price Rs 1818: ICICI SecuritiesHDFC Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 827736.72 Crore).
Thank you, RBI for embargo: HDFC Bank CEO Sashidhar JagdishanHDFC Bank CEO Sashidhar Jagdishan has said that the RBI embargo has enabled the bank to reimagine its IT systems and processes and “turbo-c...
ICICI Bank plays its cards right to grow market share as ban hurts HDFC BankReserve Bank of India data for April showed that HDFC Bank lost nearly 160 basis points of market share since the end of November 2020, whe...