Tag Archives: banking

Aadhar Architect Nandan Nilekani to Advise on Digital Payments Mode

India’s architect of Aadhar Card as former UIDAI chief, Nandan Nilekani, has a new role in NDA government as a special invitee in the 13-member committee of chief ministers to promote digital payment systems in the country, especially in rural areas. Nandan Nilekani contested from Bangalore South on Congress ticket but lost to BJP’s Ananth Kumar who is now parliamentary ...

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Demonetisation decision of the century? Claims Minister

Amid chaos over the country with ATMs showing NO CASH board, people fighting with bank staff, it is chaos and anarchy all over the country. Though nobody is questioning the ban if Rs.500 and Rs.1000 notes, the way the RBI was totally taken aback by the decision is intriguing the whole country. Little work has gone into the decision when ...

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Kotak Mahindra Bank Introduces Banking Without Internet

Kotak Mahindra has gone one step ahead of other banks with the launch of its banking online without the need for Internet connetivity though it requires SMS services to be present in the mobile phone, besides a fixed individual mobile phone number. The SMS Banking service called "Kotak Bharat Banking App" enables users to access their banking account, investment account ...

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ICICI Bank launches service on Twitter

India’s largest private sector bank ICICI Bank Monday said it has launched banking service on Twitter which allows customers to transfer money using the social networking site. The facility, the first of its kind in India, allows customers to check their account balance, view the last three transactions and recharge their prepaid mobile phones using their accounts on the site. ...

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