Development Credit Bank
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Singapore's Growth Model Faces Test Amid Global Trade Challenges
Despite the existing challenges, Singapore is projected to outpace many developed peers as economies grapple with fallout from the Iran war.
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Sberbank CEO Herman Gref on Developing AI Amid Sanctions and Bringing AI to India
Sberbank plans to expand its presence in India and hopes to secure a full banking licence within three years. CEO Herman Gref told Gadgets 360 that the bank built its own AI infrastructure despite Western sanctions, drawing on long-term investment, Chinese support and thousands of in-house engineers. Sberbank now wants to share its AI capabilities,...
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India’s Need for Pro-Crypto Banking, Roadmap for Base: Interview with Coinbase’s Jessse Pollak
Jesse Pollak, a senior Coinbase official, praises Indian developers in the crypto, DeFi, and blockchain space, calling them highly 'sophisticated' in their understanding and innovation within distributed ledger technology (DLT).
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Latest Developments In Banking Sector Crisis. All You Need To Know
Silicon Valley Bank is being largely acquired by another US lender in the latest fallout from three weeks of turbulence in the financial sector.
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Google’s Device Lock Controller App Allows Banks, Creditors to Remotely Lock Payment Defaulter’s Phone
Google has silently developed an app called Device Lock Controller to let banks and credit providers remotely lock your device if you don’t make payments. The app uses Android’s DeviceAdminService API to remotely restrict access to the device.
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Google Pay Now Lets Kotak Mahindra Bank Customers Make Payments Using Visa Credit, Debit Cards
Google Pay in India now allows Kotak Mahindra Bank customers to make payments using their Visa credit and debit cards. The new development is based on a tokenisation process that Google introduced to the Google Pay app back in September last year.
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Google Pay's NFC-Based Card Payments Option Rolling Out in India
Google Pay in India is seen allowing some users to add their NFC-powered credit and debit cards as a payment method in addition to the existing bank account option. The new development would help Google initiate tokenized payments cards.
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India Never Imposes Development Projects On Any Country: VK Singh
India has offered 262 concessional Lines of Credit (LOCs) amounting to USD 25.7 billion to 61 countries and it never imposes any developmental projects on any nation, minister of state for External Affairs VK Singh said today.
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Banks Barred From Issuing Credit Guarantees After PNB Fraud: Latest Developments
In a major clampdown on banks after the Punjab National Bank (PNB)-Nirav Modi case, the Reserve Bank of India (RBI) on Tuesday barred banks from issuing letters of undertaking (LoUs) even as fresh details emerged about possibly the biggest fraud in India's banking history. Besides, the government revealed on Tuesday that alleged fraudster Mr Modi, ...
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Fitch Lowers India's Growth Forecast To 6.9% From 7.4% For FY18
The credit rating agency expects economic activity to accelerate in second half of fiscal year.
-
Singapore's Growth Model Faces Test Amid Global Trade Challenges
Despite the existing challenges, Singapore is projected to outpace many developed peers as economies grapple with fallout from the Iran war.
-
Sberbank CEO Herman Gref on Developing AI Amid Sanctions and Bringing AI to India
Sberbank plans to expand its presence in India and hopes to secure a full banking licence within three years. CEO Herman Gref told Gadgets 360 that the bank built its own AI infrastructure despite Western sanctions, drawing on long-term investment, Chinese support and thousands of in-house engineers. Sberbank now wants to share its AI capabilities,...
-
India’s Need for Pro-Crypto Banking, Roadmap for Base: Interview with Coinbase’s Jessse Pollak
Jesse Pollak, a senior Coinbase official, praises Indian developers in the crypto, DeFi, and blockchain space, calling them highly 'sophisticated' in their understanding and innovation within distributed ledger technology (DLT).
-
Latest Developments In Banking Sector Crisis. All You Need To Know
Silicon Valley Bank is being largely acquired by another US lender in the latest fallout from three weeks of turbulence in the financial sector.
-
Google’s Device Lock Controller App Allows Banks, Creditors to Remotely Lock Payment Defaulter’s Phone
Google has silently developed an app called Device Lock Controller to let banks and credit providers remotely lock your device if you don’t make payments. The app uses Android’s DeviceAdminService API to remotely restrict access to the device.
-
Google Pay Now Lets Kotak Mahindra Bank Customers Make Payments Using Visa Credit, Debit Cards
Google Pay in India now allows Kotak Mahindra Bank customers to make payments using their Visa credit and debit cards. The new development is based on a tokenisation process that Google introduced to the Google Pay app back in September last year.
-
Google Pay's NFC-Based Card Payments Option Rolling Out in India
Google Pay in India is seen allowing some users to add their NFC-powered credit and debit cards as a payment method in addition to the existing bank account option. The new development would help Google initiate tokenized payments cards.
-
India Never Imposes Development Projects On Any Country: VK Singh
India has offered 262 concessional Lines of Credit (LOCs) amounting to USD 25.7 billion to 61 countries and it never imposes any developmental projects on any nation, minister of state for External Affairs VK Singh said today.
-
Banks Barred From Issuing Credit Guarantees After PNB Fraud: Latest Developments
In a major clampdown on banks after the Punjab National Bank (PNB)-Nirav Modi case, the Reserve Bank of India (RBI) on Tuesday barred banks from issuing letters of undertaking (LoUs) even as fresh details emerged about possibly the biggest fraud in India's banking history. Besides, the government revealed on Tuesday that alleged fraudster Mr Modi, ...
-
Fitch Lowers India's Growth Forecast To 6.9% From 7.4% For FY18
The credit rating agency expects economic activity to accelerate in second half of fiscal year.
