Archives
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January 18, 2022 Goldman-backed digital bank Starling boycotts Meta over scam ads
By: Loknath DasBritish digital bank Starling says it is boycotting Facebook parent company Meta over its failure to tackle fraudulent financial adverts. Anne Boden, Starling’s CEO and founder, said her firm would no longer pay for advertising on Facebook and Instagram while scammers were targeting its customers. In an annual letter published Thursday, Boden said: “We want to protect our customers […]
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NEWS December 9, 2016 Which Bank Services Are Worth Your Attention?
By: sristy SahaYou count on banks and credit unions to safeguard your cash. If you choose carefully, you might even come away with a little something extra: decent interest rates, access to good online and mobile platforms, maybe even a sign-up bonus. You can get your hands on a host of other tools, too, such as customized debit […]
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ALL DEALS August 24, 2016 Fino Paytech Set to Launch Payments Bank in Next 6 Months
By: sristy SahaHaving bagged a Rs. 250-crore investment from BPCL, the first by an oil marketer in a Payments Bank, Fino Paytech is looking for at least one more round of fund infusion through stake sale before it launches the bank in about 6 months. “We will have at least one more stake sale, after which we […]
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ALL DEALS August 13, 2016 On return to India, inform bank of changed residential status
By: sristy SahaiStockPhoto I am 60 plus, and am returning to India after staying in the Gulf for 20 years. I have non-resident external (NRE) and foreign currency non-residential (FCNR) deposits, which mature at different times up to 2020. Considering that my status after return is resident not ordinarily resident (RONR) during the first 2 years (minimum), […]
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NEWS August 6, 2016 Thanks For Turning Yamuna Bank Into ‘Much Cleaner Site’: Uma Bharti To Art Of Living
By: sristy Saha“We should thank Sri Sri for improving the ground which was inaccessible”, said Union Water Resources Minister Uma Bharti. NEW DELHI: HIGHLIGHTS Should thank Sri Sri for improving area: Union Water Resources Minister NGT told his foundation to deposit Rs. 4 crore environment compensation Compensation for damaging Yamuna’s biodiversity during 3-day festival Union Water Resources […]
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NEWS July 1, 2016 Postal department’s fee bank to start From March 2017: Ravi Shankar Prasad
By: sristy SahaTelecom Minister Ravi Shankar Prasad introduced that India publish will release its fee bank by way ofMarch 2017. NEW DELHI: India put up will launch its charge bank via March 2017, Telecom Minister Ravi Shankar Prasad stated on Monday. As many as forty global wi-financial conglomerates, together with international bank and Barclays, haveshown hobby to […]
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ALL DEALS March 25, 2016 Deutsche Bank declines as Moody’s signals downgrade risks
By: sristy SahaA file photo of the headquarters of Germany’s Deutsche Bank in Frankfurt. Photo: Reuters New York: Deutsche Bank AG extended declines after Moody’s Investors Service signalled it may cut the German lender’s credit rating amid concern that it will struggle to restructure businesses. “Since changing leadership last June and recalibrating its strategic plan last November, […]
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NEWS March 9, 2016 Flipkart secures a credit line of over Rs450 crore from HDFC Bank; Amazon’s localization of mobile tech boosts demand for its app
By: sristy SahaPhoto: iStock What to watch out for • Capital markets regulator Securities and Exchange Board of India to fast-track market reforms, ease start-up funding. • Amazon’s localization of mobile tech boosts demand for its app. • Flipkart has secured a credit line of over Rs.450 crore from private sector lender HDFC Bank, according to latest […]
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ELECTRONICS March 9, 2016 Xiaomi Launches 10000mAh Mi Power Bank Pro With Slimmer Build, Faster Charging
By: sristy SahaXiaomi, besides launching its Redmi Note 3 in India last week, also launched its 10000mAh Mi Power Bank Pro with USB Type-C in China. The company additionally announced its Mi Box 3 Enhanced Edition media player. Priced at CNY 149 (roughly Rs. 1,500), the power bank like other Mi Power Bank units sports an aluminium […]