In today’s top news in digital-first banking, the central banks of China and the United Arab Emirates (UAE) are joining a digital currency initiative for cross-border...
The State Bank of India (SBI) is joining Liink, J.P. Morgan’s peer-to-peer blockchain-based data network, according to a report from The Economic Times. The partnership...
For large, global financial institutions (FIs), modernizing is no easy feat. Bogged down by legacy infrastructure, big banks often find that FinTech collaboration wins in...
India’s central bank is considering allowing payment banks and other finance companies to become lenders. A working group within the central bank is also mulling...
State Bank of India, the country’s largest bank, has updated its payment processing system to ACI Worldwide Technology‘s Retail Payments system. The system allows the...
Rajnish Kumar, chairman of the State Bank of India, the country’s largest lender, said the resurgence of the coronavirus jeopardizes reform of the financial system,...
The Indian government has seized control of its fourth-largest private bank as it organizes a bailout plan and temporarily limits how much depositors can withdraw,...
SBI Card & Payments Services Ltd, the credit card subsidiary of the State Bank of India (SBI), seeks to raise about 80 billion Indian rupees...
State Bank of India (SBI), the country’s biggest lender, has issued a warning that account holders are being tricked into offering up personal banking details....