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17,000 Credit Cards Mapped To Wrong Users, No Misuse Reported: ICICI Bank
ICICI Bank on Thursday said nearly 17,000 credit cards issued recently have been erroneously mapped to the wrong users in digital channels.
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Canara Bank Rolls Out CBDC App Interoperable With UPI, Users Highlight Issues
Canara Bank has launched an app to process eRupee payments between select customers and retailers. The launch of this app this week, makes Canara Bank the first mainstream Indian lender to have created a special platform to initiate CBDC payments as India marches forward with its eRupee trials.
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Reserve Bank of India Calls on More Lenders to Take Part in Pilot for Retail Digital Rupee: Report
The Reserve Bank of India (RBI) has called on a wider set of lenders to take part in pilot programmes using the central bank digital currency (CBDC) as it tries to increase transactions, three bankers told Reuters on Wednesday. Currently, large state-owned and private lenders, including State Bank of India, Bank of Baroda, ICICI Bank, HDFC Bank, Ko...
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Digital Rupee Trial Begins; Exponential Growth in UPI Payments Backs Optimism on India’s CBDC Pilot: Experts
India’s digital rupee CBDC went into retail trials on Thursday, December 1. The State Bank of India, ICICI Bank, Yes Bank, and IDFC First bank are the lenders that are participating in these trials, and upon completion, will testify if the CBDC is efficient and robust to use for day-to-day purchases.
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New Digital-Lending Platform Is First To Digitise Home Loan Process, Says ICICI Bank
The digital process offers hassle-free onboarding through paperless login, uploading documents, receiving instant sanctions, appraising properties, and disbursement of loans, TCS said.
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RBI to Begin Pilot of Digital Rupee on November 1 With Participation From 9 Banks
The Reserve Bank of India (RBI) will launch the pilot for a central-bank-backed digital rupee for the wholesale segment on November 1, identifying nine banks to participate in the project. The pilot with include SBI, Bank of Baroda, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Yes Bank, IDFC First Bank and HSBC, the RBI said.
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ICICI Bank To Offer Instant Overdraft Facility To Sellers Registered On Flipkart
ICICI Bank announced that it will offer an instant and completely digital overdraft facility of up to Rs. 25 lakh to the individual sellers and businesses registered on Flipkart
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ICICI Bank Launches Online Platform To Help Exporters, Importers
Private sector lender ICICI Bank on Tuesday launched its online platform 'Trade Emerge' to offer digital banking and value-added services to exporters and importers across the country.
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ICICI Bank Net Profit Rises 30% To Rs 5,511 Crore In September Quarter
ICICI Bank Q2 FY22 Results: ICICI Bank reported a 29.6 per cent rise in net profit to Rs 5,511 crore on a standalone basis for the July-September quarter in the financial year 2021-22, compared to Rs 4,251.3 crore in the year-ago period. The country's leading private sector lender reported a net NPA ratio of 0.99 per cent in the September quarter -...
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ICICI Bank Announces Virtual Property Exhibition
ICICI Bank on Tuesday announced its virtual property exhibition, 'Home Utsav', to digitally showcase real estate projects by developers.
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State Bank Of India Invests Undisclosed Amount In Digital Payments Startup Cashfree
SBI has invested an undisclosed amount in digital payments and banking technology Bengaluru-based startup Cashfree.
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How Will ICICI 'Pockets' Digital Wallet Make UPI Payments Easier: Find Out
Making UPI payments through ICICI 'pockets wallets' will allow customers to undertake the small value everyday transactions directly from their digital wallet in a safe and secure manner.
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Now Make UPI Payments With ICICI Bank's 'Pockets' Digital Wallet: Here's How
ICICI Bank said that with this facility, the new users, including those who are not customers of the bank, can now instantly get a UPI ID, which is automatically linked to 'pockets'.
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Amazon, Facebook, Google Said to Vie for Unprecedented Access to India’s Growing Digital Payment Market
Amazon, Facebook, Google, and credit card providers Visa and Mastercard are among those vying for unprecedented access to India’s burgeoning digital retail payments market.
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Here's How You Can Pay Tax, Online Bills With Namma Chennai Smart Card
Namma Chennai Smart Card is a Ru-Pay powered co-branded, contactless prepaid card that facilitate various digital payments like tax and utility bill payments Greater Chennai Corporation centres
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17,000 Credit Cards Mapped To Wrong Users, No Misuse Reported: ICICI Bank
ICICI Bank on Thursday said nearly 17,000 credit cards issued recently have been erroneously mapped to the wrong users in digital channels.
-
Canara Bank Rolls Out CBDC App Interoperable With UPI, Users Highlight Issues
Canara Bank has launched an app to process eRupee payments between select customers and retailers. The launch of this app this week, makes Canara Bank the first mainstream Indian lender to have created a special platform to initiate CBDC payments as India marches forward with its eRupee trials.
-
Reserve Bank of India Calls on More Lenders to Take Part in Pilot for Retail Digital Rupee: Report
The Reserve Bank of India (RBI) has called on a wider set of lenders to take part in pilot programmes using the central bank digital currency (CBDC) as it tries to increase transactions, three bankers told Reuters on Wednesday. Currently, large state-owned and private lenders, including State Bank of India, Bank of Baroda, ICICI Bank, HDFC Bank, Ko...
-
Digital Rupee Trial Begins; Exponential Growth in UPI Payments Backs Optimism on India’s CBDC Pilot: Experts
India’s digital rupee CBDC went into retail trials on Thursday, December 1. The State Bank of India, ICICI Bank, Yes Bank, and IDFC First bank are the lenders that are participating in these trials, and upon completion, will testify if the CBDC is efficient and robust to use for day-to-day purchases.
-
New Digital-Lending Platform Is First To Digitise Home Loan Process, Says ICICI Bank
The digital process offers hassle-free onboarding through paperless login, uploading documents, receiving instant sanctions, appraising properties, and disbursement of loans, TCS said.
-
RBI to Begin Pilot of Digital Rupee on November 1 With Participation From 9 Banks
The Reserve Bank of India (RBI) will launch the pilot for a central-bank-backed digital rupee for the wholesale segment on November 1, identifying nine banks to participate in the project. The pilot with include SBI, Bank of Baroda, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Yes Bank, IDFC First Bank and HSBC, the RBI said.
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ICICI Bank To Offer Instant Overdraft Facility To Sellers Registered On Flipkart
ICICI Bank announced that it will offer an instant and completely digital overdraft facility of up to Rs. 25 lakh to the individual sellers and businesses registered on Flipkart
-
ICICI Bank Launches Online Platform To Help Exporters, Importers
Private sector lender ICICI Bank on Tuesday launched its online platform 'Trade Emerge' to offer digital banking and value-added services to exporters and importers across the country.
-
ICICI Bank Net Profit Rises 30% To Rs 5,511 Crore In September Quarter
ICICI Bank Q2 FY22 Results: ICICI Bank reported a 29.6 per cent rise in net profit to Rs 5,511 crore on a standalone basis for the July-September quarter in the financial year 2021-22, compared to Rs 4,251.3 crore in the year-ago period. The country's leading private sector lender reported a net NPA ratio of 0.99 per cent in the September quarter -...
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ICICI Bank Announces Virtual Property Exhibition
ICICI Bank on Tuesday announced its virtual property exhibition, 'Home Utsav', to digitally showcase real estate projects by developers.
-
State Bank Of India Invests Undisclosed Amount In Digital Payments Startup Cashfree
SBI has invested an undisclosed amount in digital payments and banking technology Bengaluru-based startup Cashfree.
-
How Will ICICI 'Pockets' Digital Wallet Make UPI Payments Easier: Find Out
Making UPI payments through ICICI 'pockets wallets' will allow customers to undertake the small value everyday transactions directly from their digital wallet in a safe and secure manner.
-
Now Make UPI Payments With ICICI Bank's 'Pockets' Digital Wallet: Here's How
ICICI Bank said that with this facility, the new users, including those who are not customers of the bank, can now instantly get a UPI ID, which is automatically linked to 'pockets'.
-
Amazon, Facebook, Google Said to Vie for Unprecedented Access to India’s Growing Digital Payment Market
Amazon, Facebook, Google, and credit card providers Visa and Mastercard are among those vying for unprecedented access to India’s burgeoning digital retail payments market.
-
Here's How You Can Pay Tax, Online Bills With Namma Chennai Smart Card
Namma Chennai Smart Card is a Ru-Pay powered co-branded, contactless prepaid card that facilitate various digital payments like tax and utility bill payments Greater Chennai Corporation centres
