Bank Current Affairs

Here we provide Current Affairs articles on Bank & Indian Banking system. We collect and compose latest articles related to bank and finance system.

ICICI Bank launches ‘Campus Power’ platform for student ecosystem

ICICI Bank launches ‘Campus Power’ platform for student ecosystem

ICICI Bank has launched a digital platform called ‘Campus Power.’ Aim: To help students aspiring to pursue higher education in India and outside the country. This platform will cater the varied needs of the entire student ecosystem comprising students, parents, and institutes. This will assist users to explore financial products according to their needs ranging from bank accounts including overseas accounts, education loans […]

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AU Small Finance Bank launches customisable credit card

AU Small Finance Bank launches customisable credit card

AU Small Finance Bank has launched customised Credit Card product named AU Bank LIT (Live-It-Today). This credit card offers a unique value proposition to cardholders.Cardholders can choose the features and time period according to their wish. Through the AU0101 app, cardholders can track their saving/earnings daily to maximize their benefits. Cardholders can get the best of both Cashbacks and Reward

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Karnataka Bank launches 'V-CIP' for account opening

Karnataka Bank launches ‘V-CIP’ for account opening

Karnataka Bank has launched ‘Video-based Customer Identification Process (V-CIP)’. It is an online savings bank (SB) account opening facility. This facility will enable in the corporate website of the bank, strengthen the prospective customers to open an SB account through online process and complete KYC verification through a video call. This is a end-to-end paperless digital process. It also

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South Indian Bank launches SIB TF Online, EXIM trade portal

South Indian Bank launches SIB TF Online, EXIM trade portal

South Indian Bank has launched a new portal for its corporate EXIM customers named ‘SIB TF Online’. This portal provides a platform for trade-related payments to foreign entities remotely. Through this portal, customer can initiate the payment request on SIB TF Online, after uploading the relevant documents for the transaction. The bank launch SIB TF Online in phases.

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CARD91 announces strategic partnership with YES BANK and RuPay

CARD91 announces strategic partnership with YES BANK and RuPay

CARD91 has joined hands with YES BANK and RuPay, to create a card management system that will allow companies to launch a variety of co-branded card instruments. This will enable CARD91 to expand its presence in the Indian payments market. CARD91 is a global payment infrastructure powering B2B payments. It was designed to help businesses launch co-branded cards and simplify payments. 

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Freo, Equitas Small Finance Bank offer savings account

Freo, Equitas Small Finance Bank offer savings account

Freo has launched a digital savings account offering ‘Freo Save’ in association with Equitas Small Finance Bank. With this launch, Freo has become the first consumer neobank in the country to provide full-stack neo-banking products. It includes smart savings account, credit and payments products, cards and wealth-growth products. The digital savings account has been integrated with Equitas’ infrastructure on the

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Govt to collaborate with SBI for creation of integrated pension portal

Govt to collaborate with SBI for creation of integrated pension portal

Government’s Department of Pension & Pensioners’ Welfare (DoPPW) will collaborate with the State Bank of India (SBI). Aim: to create an integrated pension portal, which helps to enhance ease of living of pensioners. It was decided during the special session, that immediate efforts are needed for the creation of pension portal by linking the existing portals of the

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MeitY declares HDFC, ICICI, NPCI’s IT resources as critical information infra

MeitY declares HDFC, ICICI, NPCI’s IT resources as critical information infra

The government has declared the IT resources of ICICI Bank, HDFC Bank and UPI managing entity NPCI as ‘critical information infrastructure’, implying any harm to them can have an impact on national security and any unauthorised person accessing these resources may be jailed for up to 10 years, according to an official notification. The IT resources under CII include Core Banking

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RBI 'Payments Vision 2025' seeks 3-fold jump in digital payments

RBI ‘Payments Vision 2025’ seeks 3-fold jump in digital payments

RBI increase the number of digital payment transactions by more than 3X by 2025 and to curb volume of cheque-based payments to less than 0.25% of total retail payments Core theme of vision documents: E-Payments for Everyone, Everywhere, Everytime (4Es). It covers 47 specific initiatives and 10 expected outcomes. It provide users with safe, secure, fast, convenient,

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