APN News

  • Wednesday, November, 2019| Today's Market | Current Time: 03:40:41
  • RBI releases vision document for e-payment system

    Reserve Bank of India has released a vision document for ensuring a safe, secure, convenient, quick and affordable e-payment system. The move comes as the apex bank expects the number of digital transactions to increase more than four times to 8,707 crore in December 2021. According to RBI release on Wednesday the ‘Payment and Settlement […]

    NitstoneFinserv to Raise Rs 150 crores for Growth

    Bangalore : Bangalore-based Non-Banking Finance Company, NitstoneFinserv is all set to raise fresh funding of Rs. 150 crores from new investors. NitstoneFinserv is in discussions with investment bankers and VCs to raise Rs. 150 crores to finance the next phase of their growth. The NBFC which was launched in 2018 and has already notched up a […]

    5 platform that could help the smooth financing of your short term loans

    Myloancare.in:  MyLoanCare.in is an online marketplace for providing financial services and products at best rates across demographics in India.  Powered by state-of-the-art custom-made technology, the digital platform connects borrowers with suitable lenders to ensure that they get the right loan product, matching their needs and credit profiles. Borrowers range from entry-level workers and small businesses to high-net-worth […]

    Foreign exchange reserves rise by 4.3 Billion

    The country’s foreign exchange reserves soared by USD 4.368 billion to USD 418.515 billion in the week to April 26. The   RBI data showed on Friday thst foreign currency assets rose by USD 4.387 billion to USD 390.421 billion. According to the data Gold reserves remained unchanged at USD 23.303 billion. The special drawing rights […]

    RBI imposes fines on PPIs for violating norms

    The Reserve Bank of India on Friday said that it has imposed penalties on five prepaid payment instrument (PPI) issuers, including Vodafone m-pesa and PhonePe, for violation of regulatory norms. Also, penalties have been imposed on Western Union Financial Services Inc and MoneyGram Payment Systems Inc, both US firms, for non-compliance of guidelines. The central […]

    PayPal brings to India frictionless payments experience; launches One Touch powered by Google Smart Lock

    Mumbai: PayPal India, today, launched its popular OneTouch experience in India using Google Smart Lock. This allows Indian consumers to register their Android device with PayPal and enables them to stay logged into the platform for all subsequent PayPal purchases on that device. The feature now removes the hassle of repeatedly needing to log in and thereby offering a frictionless payments experience.  Consumers once logged in will still need to go through […]

    New Demat Account Opened Touch A 10-Year High

    Given the push towards financial inclusion, higher numbers of citizens now have bank and savings accounts across the country. In this regard, a new report from the Securities and Exchange Board of India (SEBI) revealed that dematerialised (Demat) accounts reached a 10-year high at 4 million, in 2018. This is heartening news for the stock […]

    IntSights Report Shows Banking and Financial Services Sector Continues to Be Targeted by External Threat Actors

    NEW YORK :  IntSights, the threat intelligence company focused on enabling enterprises to Defend Forward™, today released an in-depth report on the external cybersecurity threats targeting the global banking and financial services (FSI) sector. The Banking & Financial Services Cyber Threat Landscape Report (April 2019)identified a number of trends impacting the FSI sector based off of terabytes […]

    MCX Reports Strong Q4 & Full Year Results for FY 2019

    Mumbai: Multi Commodity Exchange of India Ltd (MCX), India’s largest exchange in the commodity derivatives segment, announced its audited financial results for the fourth quarter & year ended March 31, 2019. Year ended March 31, 2019 –          For the year ended March 31, 2019, MCX’s total income stood at Rs. 398.59 crore as against Rs. 351.86 crore […]

    Want to Transfer Home Loan – Process Explained in Details

    The home loan balance transfer is a unique facility that lets you switch your current home loan account from one lender to another. It is done to enjoy the lowest interest rate at a reasonable price. The biggest advantage of going for it is being able to save on current EMI payments and managing monthly […]