In April 2024, the central bank took supervisory action on Kotak Bank, directing the lender to "cease and desist" onboarding new customers ...

The 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 addresses the impact of RBI embargo on margins and unsecured loan business. Plans for branch expansion and deposit mobi...

Prosus's fintech arm, PayU, reported a consolidated revenue increase of 22% in FY24, reaching $1.1 billion. This growth can be attributed t...

While the payment app has grown exponentially as the beneficiary bank on UPI, on the issuance side it had stagnated from mid last year.

What does this payment aggregator licence mean? And why is it so significant for payment companies? ET explains.

UPI payments giant Google Pay, Mumbai-based expense management platform Enkash, payment gateway company Paymentz and Bengaluru-based neo ba...

The Reserve Bank of India (RBI) has instructed Bank of Baroda (BOB) to halt customer onboarding through its BOB World mobile application du...

“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...

HDFC Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances ...

“With the advances now touching about Rs 12.6 lakh crore, the liability side is shaping up well at Rs 14.5 lakh crore.”

After the embargo on HDFC Bank was lifted last month, they have issued over 400,000 credit cards. This signifies the aggressive growth that...

In this arrangement, HDFC Bank will be the payment partner and PayTM will provide its distribution and software. The Bank will make PayTM’s...

HDFC 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...

HDFC Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 827736.72 Crore).

HDFC Bank CEO Sashidhar Jagdishan has said that the RBI embargo has enabled the bank to reimagine its IT systems and processes and “turbo-c...

Reserve 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...