Banking Operations

The Delhi High Court today issued a notice to the Unique Identification Authority Of India (UIDAI) and others on a petition against Google Pay, alleging unauthorised operations under the banking laws.

In June, Vodafone Idea's then non-executive chairman Kumar Mangalam Birla warned that without a government reprieve, the mobile carrier's "financial situation will drive its operations to an irretrievable point of collapse"

West Bengal Chief Minister Mamata Banerjee on Wednesday said banks in the state would start functioning full time from Thursday.

Barclays said the investment would help grow its corporate and investment banking, and private clients businesses in the country.

Over a decade on from the financial crisis, regulators are spooked once again that some companies at the heart of the financial system are too big to fail. But they're not banks. This time it's the tech giants including Google, Amazon, and Microsoft that host a growing mass of bank, insurance and market operations on their vast cloud internet platf...

RBI has allowed HDFC Bank to issue new credit cards, months after it curbed some of the lender's operations due to outages in its digital payment services.

RBI's order followed similar action in April against American Express, but Mastercard is a much bigger player in the Indian market, where many lenders offer cards using the U.S. firm's payments network.

An RBI order earlier this week to ban Mastercard for non-compliance with data storage rules is said to hit revenues, payments, and the banking industry.

The Israeli army said Thursday it had arrested between 20 and 30 Palestinian students in the occupied West Bank it accused of being "terror operatives" of Islamist group Hamas.

RBI took action against the payment system operator for violating norms on the storage of payment systems data.

The RBI said concerns included operational risks, too-big-to fail issues, challenges for antitrust rules, cybersecurity and data privacy.

Apple is expanding retail operations as the US emerges from the pandemic, betting that a combination of strategies developed before and during COVID-19 will make its stores more popular than ever, its retail chief said.

In a joint operation, the Army and the Pune police busted a recruitment racket that allegedly duped some aspirants on the false promise of jobs in various government services like the railways, banking and Territorial Army, officials said.

Barclays has funded 1 million pounds ($1.4 million) worth of medical supplies for India in the last week, as British banks with big operations in the country increase support to their own staff and wider communities.

Facebook said it had disabled accounts used by the Palestinian Authority's internal intelligence organisation to spy on journalists, human rights activists, and political opponents.

The Delhi High Court today issued a notice to the Unique Identification Authority Of India (UIDAI) and others on a petition against Google Pay, alleging unauthorised operations under the banking laws.

In June, Vodafone Idea's then non-executive chairman Kumar Mangalam Birla warned that without a government reprieve, the mobile carrier's "financial situation will drive its operations to an irretrievable point of collapse"

West Bengal Chief Minister Mamata Banerjee on Wednesday said banks in the state would start functioning full time from Thursday.

Barclays said the investment would help grow its corporate and investment banking, and private clients businesses in the country.

Over a decade on from the financial crisis, regulators are spooked once again that some companies at the heart of the financial system are too big to fail. But they're not banks. This time it's the tech giants including Google, Amazon, and Microsoft that host a growing mass of bank, insurance and market operations on their vast cloud internet platf...

RBI has allowed HDFC Bank to issue new credit cards, months after it curbed some of the lender's operations due to outages in its digital payment services.

RBI's order followed similar action in April against American Express, but Mastercard is a much bigger player in the Indian market, where many lenders offer cards using the U.S. firm's payments network.

An RBI order earlier this week to ban Mastercard for non-compliance with data storage rules is said to hit revenues, payments, and the banking industry.

The Israeli army said Thursday it had arrested between 20 and 30 Palestinian students in the occupied West Bank it accused of being "terror operatives" of Islamist group Hamas.

RBI took action against the payment system operator for violating norms on the storage of payment systems data.

The RBI said concerns included operational risks, too-big-to fail issues, challenges for antitrust rules, cybersecurity and data privacy.

Apple is expanding retail operations as the US emerges from the pandemic, betting that a combination of strategies developed before and during COVID-19 will make its stores more popular than ever, its retail chief said.

In a joint operation, the Army and the Pune police busted a recruitment racket that allegedly duped some aspirants on the false promise of jobs in various government services like the railways, banking and Territorial Army, officials said.

Barclays has funded 1 million pounds ($1.4 million) worth of medical supplies for India in the last week, as British banks with big operations in the country increase support to their own staff and wider communities.

Facebook said it had disabled accounts used by the Palestinian Authority's internal intelligence organisation to spy on journalists, human rights activists, and political opponents.