APN News

  • Wednesday, May, 2021| Today's Market | Current Time: 09:48:51

    • Banking

    ICICI Bank links UPI ID facility to its ‘Pockets’ digital wallet

    First bank to introduce the unique facility Customers now don’t need a bank account to use UPI ID on ‘Pockets’ app All customers including those who are not banking with ICICI Bank can use the facility Mumbai: ICICI Bank today announced the launch of a unique facility of linking a UPI (Unified Payments Interface) ID […]

    Finance

    The Number of Cryptocurrencies Almost Doubled Since 2019 and Hit Over 5,300

    Over the last eight years, the number of cryptocurrencies circulating in the crypto space increased significantly. Back in 2013, there was just a handful of digital coins. However, after the crypto market boom in 2017, the number of cryptocurrencies continued surging, reaching a four-digit figure this year. According to data presented by AksjeBloggen.com, the number […]

    Finance

    Ethereum Creator Vitalik Buterin to deliver keynote at Virtual FinTech Forum 2021

    Asian platform to discuss Industry 4.0, ESG & Sustainability Mumbai: Amid rising use of blockchain in finance and cryptocurrencies emerging as Digital Gold for millennial investors across Asian markets, the alternative investment class will take centre stage at Virtual FinTech Forum on May 27 when Ethereum Creator, Vitalik Buterin delivers a keynote address on The […]

    Banking

    ICICI Securities Ltd: With ICICIdirect, Indian customers can now invest in five new Global markets

    United Kingdom, Japan, Hong Kong, Germany & Singapore exchanges added Upto $250,000 PA can be invested in overseas assets under LRS Domestic investors can trade in stocks, Exchange Traded Funds, mutual funds (non-US) and fixed income products traded in those exchanges New Delhi:  ICICIdirect, a virtual financial supermarket offering investment, protection, and loan products, today […]

    Finance

    Mahindra Rural Housing Finance, India Post Payments Bank Partner for Cash Management Solution

    New Delhi:  Mahindra Rural Housing Finance Limited (MRHFL), a subsidiary of Mahindra and Mahindra Financial Ltd, and India Post Payments Bank (IPPB) today announced a strategic partnership for cash management solution. As part of the tie-up, IPPB will be offering cash management and collection services to MRHFL through its access points and postal service providers. […]

    Banking

    Global Banking Sector Reaching Almost Pre-pandemic Heights, Market Cap Jumped by 20% Quarter-over-Quarter and Hit €7.3T

    The economic recovery from the COVID-19 accelerated in the first half of 2021, causing the global banks’ market cap to almost completely recover and reach pre-pandemic levels. According to data presented by StockApps.com, the market capitalization of the global banking sector jumped by nearly 20% since December and hit €7.3trn in the first quarter of […]

    Banking

    NiyoX Equitas digital savings account on-boards 100,000 customers in 50 days

    New Delhi: NiyoX – a 2-in-1 wealth plus savings account powered by India’s leading digital banking fintech Niyo – on-boards 100,000 customers in less than two months of its launch. At a time when more than 80% of the country is under lockdown-like restrictions, the relevance and need of having a digital savings account has […]

    Banking

    Federal Bank delivers highest ever quarterly net profit at ₹ 477.81 Cr

    Chennai: Federal Bank announced its audited financial results for the quarter and year ended 31st March 2021 today. Highlights ·         Recorded highest ever Quarterly Net Profit of ₹ 477.81 Cr, up by 58.60% on a YoY basis ·         RoA crossed 1% and stood at 1.02%, and RoE at 12.20% ·         Net Interest Income grew by […]

    Finance

    Incentives for Digital Economy Production in Cameroon (By Achare Takor)

    DOUALA, Cameroon: Over the last decade, information technologies (IT) have revolutionized the way people and businesses carry out their daily activities worldwide. There is abundant evidence that the upsurge of technology has been a major contributor to fundamental economic change, notably the growth in global production and the distribution of intangible goods and services. As […]

    Banking

    DBT beneficiaries can withdraw PM Kisan Yojana funds from Fino banking points

    Mumbai: Fino Payments Bank’s over 6 lakh neighbourhood merchant banking points are  geared up to help India’s farming community by providing access to cash to the beneficiaries of government’s direct benefit transfer (DBT) scheme, the PM Kisan Yojana. On 14 May, Government of India credited over ₹19000 crores directly into the accounts of more than […]

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