MUFG Bank has obtained necessary approvals from the International Financial Services Centre Authority in India and the Financial Services Agency in Japan, to open a branch at GIFT City.
A Long-sought after demand by Postal Department savings account holders across the country became operational on Wednesday - online transactions.
Open is aiming to disburse $1 bn in lending via the new suite of products on the platform in the next one year.
In a worrying trend for employers, more people may leave their jobs this year as compared to last year as the attrition gains momentum in 2022, according to a study released on Monday.
A digital banking unit (DBU) should have interactive teller machines, video KYC, video conferencing and call facilities.
The regulator body said it is a bid to boost digital financial inclusion and protect the interests of ordinary feature phone users.
A bench of Acting Chief Justice Vipin Sanghi and Justice Navin Chawla issued notice to the Centre through ministries of Home Affairs, Law and Justice and Finance.
HDFC shareholders will own 41% of the merged entity, making the structure relatively more lucrative for them.
Shrishti Art Gallery is one of the oldest and leading contemporary art galleries in town. Meet the force at the helm of its affairs
Banking services across Tamil Nadu were affected on Monday as a section of public sector banks backed the two-day nationwide general strike called by central trade unions.
The unions' demands include scrapping of the proposed changes in labour laws, privatisation of any form and the national monetisation pipeline.
It recently expanded into South-East Asia with the acquisition of Malaysian fintech firm Curlec.
In two days, the company's market valuation plunged by Rs 11,809.43 crore to Rs 38,418.57 crore on the BSE.
Digitisation, innovative technologies creating unprecedented disruption in banking sector: SBI Khara
"Banks need to be agile and nimble as technology increases customer expectation and the regulatory landscape also evolves rapidly to keep pace with technological advancement," he said.
Eight stocks including Google, FB, Apple, are on offer from March 3, with 42 more to be made available this week.