Category: Banking

KVGB launches special gold loan scheme for pandemic

September 20, 2020

• The Dharwad-headquartered Karnataka Vikas Grameena Bank (KVGB) has launched a special gold loan scheme Vikas Laghu Suvarna with a reduced interest rate of 7.25 percent.

i-Lead 2.0 launched by Canara Bank to boost customer services

September 19, 2020

• Canara Bank has launched a lead management system (LMS) – i-Lead 2.0 (Inspiring Leads System version 2.0) with an aim to provide its services to customers irrespective of where they reside.

“Mahila Atmanirbharshil Aachani” (Women Self-Reliance programme) started by SBI

September 19, 2020

• “Mahila Atmanirbharshil Aachani” (Women Self-Reliance programme) started by SBI in Assam with an objective to create a strong bonding with the SHG member.

A new vertical named Emerging Entrepreneurs Business (EEB) launched by Bandhan Bank

September 18, 2020

• A new vertical named Emerging Entrepreneurs Business (EEB) launched by Bandhan Bank that will focus on microloans, micro home loans, micro bazaar loans, and micro-enterprise loans.

“Apna Ghar Dreamz” Home Loan Scheme launched by ICICI Home Finance

September 18, 2020

• “Apna Ghar Dreamz” Home Loan Scheme launched by ICICI Home Finance. It is a new home loan scheme for skilled laborers like electricians, mechanics, painters, grocery store owners etc in the informal sector of Delhi.

Contactless payment watches launched “Titan Pay”

September 17, 2020

• “Titan Pay” contactless payment watches jointly launched by SBI & Titan. Through this the account holders of SBI can tap their Titan Pay watch on the contactless payment POS machines for making payments.

SBI General Insurance signed MoU with YES Bank for a corporate agency agreement

September 16, 2020

• SBI General Insurance signed MoU with YES Bank for a corporate agency agreement under which the YES Bank will distribute the general insurer’s retail products to its customers.

RBI is set to launch Digital Payments Index (DPI)

September 12, 2020

• RBI is planning to launch Digital Payments Index (DPI) soon to assess accurately about the penetration and deepening of various digital payment modes.

ICICI Bank launches iStartup 2.0

September 11, 2020

• To cater to the banking needs of startups and entrepreneurs, ICICI Bank has launched a new product named iStartup 2.0.

Central Bank Digital Currencies (CBDCs) recently launched by Mastercard

September 11, 2020

• Payments giant Mastercard announced the launch of a proprietary virtual testing environment for central banks to evaluate Central Bank Digital Currencies (CBDCs) use cases.