BANKING AND INSURANCE 

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Paytm Plans New Strategy to Increase its active users

Paytm is all set to establish its market in the United States of America. The company which already has 140 million active users across the globe is all set to invest Rs. 750 crores in the US market. ...  Read More

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Punjab National Bank Seek Capital Infusion from the Government

India’s Punjab National Bank (PNB) has made an announcement that it will ask the government for capital infusion of Rs. 5,431 crore. The announcement was made a day after Aru...   Read More

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Rupee Continues to Plunge

Due to the high dollar value, crude oil prices and increasing global trade tensions, the Indian rupee market is going through a tough time. Recently, in the wake of a confluence o...   Read More

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Newburyport Bank Starts a Private Banking Group

Newburyport Five Cents Savings Bank, the American banking corporation has set up a private banking unit for higher net worth customers. According to the bank, the robust banking of...   Read More

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JP Morgan Chase’s New Investing App: Designed Especially for Traders

JP Morgan Chase has plans on unveiling a newly designed trading service that will let investors execute up to hundred free trades by the first year. The plans of the world largest ...   Read More

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Bank of China Collaborates with Union Pay to improve Payment System Development

Bank of China (BOC) and Union Pay, a banking company, partnered to explore Blockchain technology for payment system development. The partnership was announced on Wednesday. The pa...   Read More

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Banking with Facebook and Google Might Become the Future

Social media is surely playing its part in online shopping, personalization, and convenience. What if it provides the same in the banking industry? Many would love to go for it. Al...   Read More

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TransferWise’s partnership with BPCE Groupe- a major business momentum for the company

TransferWise, one of the best known international money transfer app, is a U.K. based company which provides banks with the access of its APIs to facilitate money transfers. It has...   Read More

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India’s $210 billion of Bad Debts is a Magnet for Foreign Investors

The Indian banking sector is grappling with $210 billion in bad debts, which is a remnant of the borrowing spree in the aftermath of the global financial crises and the subsequent ...   Read More

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PayPal to Introduce Traditional Banking

PayPal is hoping to expand itself into something like a traditional bank. It recently started rolling out more traditional banking services like - ATM compatible debit cards, direc...   Read More

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Rising Protectionism: A Worry for Indian Companies

Indian companies are most concerned about rising protectionism across the world, finds an HSBC survey covering 6,000 companies across 26 countries. The survey shows that nine out ...   Read More


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