News for 'retail banking solutions'

'India is among Standard Chartered's top five wealth markets globally'

'India is among Standard Chartered's top five wealth markets globally'

Rediff.com6 Jul 2026

"With the leverage available, I believe the scheme remains reasonably attractive," said P D Singh, India and South Asia Chief Executive Officer, Standard Chartered Bank, regarding the Foreign Currency Non-Resident (Bank) or FCNR (B) deposits.

Wipro's AI-Data Centre Solution to Boost Enterprise AI Adoption

Wipro's AI-Data Centre Solution to Boost Enterprise AI Adoption

Rediff.com20 Mar 2026

Wipro has launched its AI-Data Centre solution, integrating NVIDIA's AI Enterprise platform, to accelerate enterprise-scale AI adoption and modernise data centre environments.

How DIIs, MFs are providing crucial stability to Indian markets

How DIIs, MFs are providing crucial stability to Indian markets

Rediff.com4 Jul 2026

Domestic institutional investors (DIIs), driven by the popularity of mutual funds, have emerged as significant stabilising forces for Indian capital markets amidst global volatility and foreign portfolio investment (FPI) outflows, according to Sebi whole-time member Amarjeet Singh.

IDFC First Bank Simplifies Customs Duty Payments Digitally

IDFC First Bank Simplifies Customs Duty Payments Digitally

Rediff.com18 Apr 2026

IDFC First Bank has integrated with ICEGATE 2.0 to enable digital payment of customs duty, central excise, and service tax for its customers.

Flexcube rated world's best banking solution

Flexcube rated world's best banking solution

Rediff.com3 Mar 2004

i-flex solutions has said its flagship product -- Flexcube -- has been ranked the world's number one selling banking solution for 2003 by International Banking Systems, UK.

Sanjiv Bajaj: 'Fortunately, We've More Companies Than Family Members'

Sanjiv Bajaj: 'Fortunately, We've More Companies Than Family Members'

Rediff.com23 May 2026

'We strongly believe that anyone with capability and a strong work ethic should have a chance at the top job.'

Cognizant's Technoverse Hackathon 2026 Aims to Upskill Engineering Students in AI

Cognizant's Technoverse Hackathon 2026 Aims to Upskill Engineering Students in AI

Rediff.com14 Apr 2026

Cognizant has announced the launch of Technoverse Hackathon 2026, a national platform for engineering students to demonstrate AI-powered problem-solving skills in various industries. The hackathon aims to bridge academic learning with real-world applications and promote innovation.

Gold import duty hike to spur grey market, smuggling, say exporters

Gold import duty hike to spur grey market, smuggling, say exporters

Rediff.com13 May 2026

The gems and jewellery industry anticipates challenging times following the government's decision to increase gold import duty to 15 per cent, a move that exporters warn could fuel the grey market and heighten smuggling risks.

Sebi mulls allowing gift cards, prepaid instruments to invest in mutual funds

Sebi mulls allowing gift cards, prepaid instruments to invest in mutual funds

Rediff.com24 Mar 2026

Markets regulator Sebi on Tuesday proposed introducing gift cards or gift prepaid payment instruments (PPIs) for investments in mutual funds to improve financial inclusion through onboarding of new investors in the space.

NPCI: Success story of India's retail banking backbone

NPCI: Success story of India's retail banking backbone

Rediff.com14 Oct 2015

NPCI has launched several consumer friendly systems including one that allows users to transfer money to people over mobile phones across India.

Enforcement Directorate Attaches Assets in Andhra Pradesh Liquor Scam Case

Enforcement Directorate Attaches Assets in Andhra Pradesh Liquor Scam Case

Rediff.com6 Mar 2026

The Enforcement Directorate has attached assets worth over 441 crore in connection with the Andhra Pradesh liquor scam, which allegedly occurred during the previous YSRCP government's tenure.

Q3 earnings, global trends to drive stock markets this week

Q3 earnings, global trends to drive stock markets this week

Rediff.com18 Jan 2026

Trading pattern in the stock market this week will largely depend on the ongoing Q3 earnings announcement from corporates, global trends, and foreign fund movement, analysts said. Moreover, geopolitical developments and any update on trade negotiations would also be keenly tracked by investors, experts noted.

Hungry IPOs Carve A Heft Slice Of Mutual Funds

Hungry IPOs Carve A Heft Slice Of Mutual Funds

Rediff.com22 Dec 2025

In November, six primary market issuances accounted for more than 13,000 crore of net equity investments by MFs.

What's Choking India's Capital Markets

What's Choking India's Capital Markets

Rediff.com2 Feb 2026

'Large firms and their interests can dominate the narrative, even as smaller stakeholders and retail investors struggle to be heard.' 'Regulators therefore require deep subject-matter expertise to assess representations, recognise underlying incentives, incorporate the perspectives of less-visible stakeholders, and guard against bias or capture,' notes Ananth Narayan.

HDFC pips TCS as India's most-valued brand

HDFC pips TCS as India's most-valued brand

Rediff.com20 Nov 2025

Financial services giant HDFC Bank, carrying a brand value of $44.9 billion, has surged past IT consulting behemoth Tata Consultancy Services (TCS) to reclaim its crown as the country's most valued brand, according to the 2025 Kantar BrandZ Most Valuable Indian Brands report.

'GCCs Have Evolved To Strategic Innovation Hubs'

'GCCs Have Evolved To Strategic Innovation Hubs'

Rediff.com6 Jan 2026

'Solutions developed in India are being commercialised and offered globally because we're executing at scale, creating new markets and revenue streams.'

Signs of revival: Pre-IPO fundraising improved but fell short of 2023 peak

Signs of revival: Pre-IPO fundraising improved but fell short of 2023 peak

Rediff.com20 Jan 2026

Fundraising through pre-initial public offerings (pre-IPOs) more than doubled in 2025 compared with the previous year, but remained below the peak seen in 2023. The narrowing gap between pre-IPO and IPO pricing is the reason for the decline in both the number and value of such deals over the past two years.

IPO Count Crosses 100 After 18 Years

IPO Count Crosses 100 After 18 Years

Rediff.com15 Dec 2025

The milestone crowns a record year for the domestic primary market where IPO mobilisation is set to cross Rs 1.7 trillion.

Nordic banks pick i-flex software

Nordic banks pick i-flex software

Rediff.com28 Jun 2005

i-flex solutions has entered into an agreement with Norway-based EDB Business Partner ASA to jointly offer retail banking solutions to financial institutions in the Nordic region, primarily in Sweden, Finland, Denmark and Iceland.

'PSB is exploring digital lending solutions'

'PSB is exploring digital lending solutions'

Rediff.com5 Feb 2025

'We plan to launch new initiatives, including cash flow-based lending, to ensure borrowers are not burdened and can access funds more quickly.'

Shadow bank risks persist despite RBI relief

Shadow bank risks persist despite RBI relief

Rediff.com18 Mar 2025

Towards the end of February, the Reserve Bank of India (RBI) restored the risk weighting on banks loans to non-banking financial companies (NBFCs; including to microfinance institutions, or MFIs) to 100 - back to its November 2023 position - from 125. It is only a partial relief though. "Higher risk weighting on unsecured lending continues to be in place while the same on bank funding to NBFCs has been done away with. "This is a positive step by RBI," says Rajiv Sabharwal, managing director (MD) and chief executive officer (CEO), Tata Capital.

What are the Most Awaited IPOs of 2026?

What are the Most Awaited IPOs of 2026?

Rediff.com29 Oct 2025

Several companies across sectors like finance, healthcare, wellness, retail technology, and asset management are bracing up to hit the D-street. With an unprecedented 1.7 lakh crore raised in 2025, the momentum is likely to sustain in 2026.

No targeted price level for rupee vs dollar, says RBI

No targeted price level for rupee vs dollar, says RBI

Rediff.com17 Oct 2025

The Reserve Bank of India (RBI) does not target any price level on the rupee, Governor Sanjay Malhotra reiterated at an International Monetary Fund and World Bank event on Wednesday.

Pre-IPO deals moderate after peaking in 2023

Pre-IPO deals moderate after peaking in 2023

Rediff.com22 Aug 2025

Pre-initial public offering (IPO) allotments have fallen out of favour over the past two years amidst buoyant primary markets and increasing average float sizes. In 2023, 13 firms raised a record Rs 1,074 crore through pre-IPO placements.

Digital debt collection makes strides as lenders use tech to cut visits

Digital debt collection makes strides as lenders use tech to cut visits

Rediff.com4 Aug 2025

"We currently manage collections for over 98 million retail and small-business loan accounts, covering a loan book of about $250 billion," says Rishabh Goel, cofounder and chief executive officer (CEO) of Credgenics, a software-as-a-service platform for debt collection. With more than 700 million smartphone users and over 450 million UPI users, digital access is everywhere.

IPO Boom Faces Reality Check Amid Market Volatility

IPO Boom Faces Reality Check Amid Market Volatility

Rediff.com28 Oct 2025

More than a third of 83 mainboard IPOs this year ended their debut sessions in the red, with losses of up to 35 per cent.

'On Track For GDP Growth Exceeding 6.8%'

'On Track For GDP Growth Exceeding 6.8%'

Rediff.com3 Nov 2025

'I will not be surprised if there is a 7 per cent handle in front of the decimal place for the full financial year.'

JLR Cyberattack Triggers $2.55 Billion Shockwave

JLR Cyberattack Triggers $2.55 Billion Shockwave

Rediff.com23 Oct 2025

At an estimated 1.9 billion in losses and over 5,000 UK organisations affected, the Jaguar Land Rover cyberattack has been labelled the most economically damaging cyber incident in UK history, exposing the deep vulnerability of interconnected supply chains.

Centre races to rescue failing power discoms

Centre races to rescue failing power discoms

Rediff.com24 Nov 2025

After four failed reform drives, a new plan aims to rescue India's debt-laden power discoms through privatisation, accountability and long-term financial fixes.

Prayagraj-based 'Ram Naam Bank' may open branches in Europe, US

Prayagraj-based 'Ram Naam Bank' may open branches in Europe, US

Rediff.com6 Apr 2025

Indian origin Hindus living in Europe and US are mulling opening overseas chapters of Prayagraj-based 'Ram Naam Bank' in their countries. On the occasion of Ram Navami on Sunday, the idea of opening a Ram Naam Bank was discussed among the devotees in Sweden.

Global Investing: What YOU Must Know

Global Investing: What YOU Must Know

Rediff.com16 Oct 2025

Here's what Indian investors diversifying into equities, ETFs, and real estate abroad to manage risk, returns, and currency exposure must watch out for.

Is Technology Important In Banking?

Is Technology Important In Banking?

Rediff.com14 Mar 2024

'Just the amount of work which is there just to become more and more successful in banking. For this to happen you need to have leaders who understand technology.'

Citibank to exit Indian banking after 119 years

Citibank to exit Indian banking after 119 years

Rediff.com15 Apr 2021

American banking major Citibank on Thursday announced that it will exit from the consumer banking business in India as part of a global strategy. The business comprises credit cards, retail banking, home loans and wealth management.

Banks told to use innovative products to mobilise funds

Banks told to use innovative products to mobilise funds

Rediff.com8 Aug 2024

Concerned over household savings moving towards alternative investment avenues, RBI Governor Shaktikanta Das on Thursday asked banks to mobilise deposits through innovative products and services by leveraging their vast branch network. "Banks are taking greater recourse to short-term non-retail deposits and other instruments of liability to meet the incremental credit demand. "This, as I emphasised elsewhere, may potentially expose the banking system to structural liquidity issues," he said.

IPOs That Burned Investor Wealth

IPOs That Burned Investor Wealth

Rediff.com2 Aug 2025

Many high-profile IPOs in India since 2021 have destroyed investor wealth due to overvaluation, weak business models, and post-listing disinterest, turning 1 lakh investments into as little as 3,500.

Cautious approach: Small finance bank model in the slow lane, say experts

Cautious approach: Small finance bank model in the slow lane, say experts

Rediff.com24 Apr 2024

The small finance bank model may still be testing the water some 10 years since its launch. According to banking experts, the regulator has taken a cautious approach in granting approvals. Unity Small Finance Bank was the last one to get a licence in the category in November 2021.

With ML and AI, IBM shows the fight is not over for mainframes

With ML and AI, IBM shows the fight is not over for mainframes

Rediff.com17 Apr 2025

This innovation has made mainframes the fastest-growing segment within IBM's Infrastructure business, demonstrating that even legacy technologies can continue to deliver value.

'Banks must be prepared for providing UPI credit'

'Banks must be prepared for providing UPI credit'

Rediff.com19 Jul 2024

'A credit line on UPI is going to make banks think about credit fundamentally as they digitise the credit process entirely.'

US bank opts for i-flex's Flexcube

US bank opts for i-flex's Flexcube

Rediff.com16 Nov 2005

Technology solutions provider to the financial services industry i-flex solutions on Wednesday said that First Magnus Federal Bank has become the first US retail bank to opt for its Flexcube for its complete banking platform.

Vibe Coding's Challenge For India's IT Cos

Vibe Coding's Challenge For India's IT Cos

Rediff.com14 May 2025

'Could the impending new crisis, vibe coding, similarly create not a disaster like what befell Indian handlooms during the Industrial Revolution but another opportunity like what the Y2K crisis created?' asks Ajit Balakrishnan.