Indian Banks news and trends

India Investigating $90M Loan Fraud At IDBI Bank
Security & Fraud // April 27, 2018

India might be dealing with more illegal activity at a bank. This time, it’s an alleged 6 billion rupee ($90 million) case of loan fraud at IDBI Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

India Puts Crypto Ban On Banks
Bank Regulation // April 06, 2018

The Reserve Bank of India has banned regulated financial institutions in the country from dealing with cryptocurrencies, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

India’s KYC Mobile Payments Roadblock
Mobile Payments // March 22, 2018

In late 2016, India’s government surprised the world with a decision to push the race for payment digitization from a marathon to a sprint, by deciding to scrap nearly 85 percent of the nation’s physical currency reserves almost overnight. Get the Full Story Complete the...

PNB’s Diamond Fraud Could Hit $2B In Cost
South Asia // March 07, 2018

The scandal surrounding India’s state-run Punjab National Bank (PNB) is getting bigger — in fact, a source says it could hit the $2 billion mark. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Quick Reads
India Investigating $90M Loan Fraud At IDBI Bank

April 27, 2018
India might be dealing with more illegal activity at a bank. This time, it’s an alleged 6 billion rupee ($90 million) case of loan fraud at IDBI Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to […]

India Puts Crypto Ban On Banks

April 06, 2018
The Reserve Bank of India has banned regulated financial institutions in the country from dealing with cryptocurrencies, CNBC reported. Get the Full Story Complete the form to unlock this article and...

India’s KYC Mobile Payments Roadblock

March 22, 2018
In late 2016, India’s government surprised the world with a decision to push the race for payment digitization from a marathon to a sprint, by deciding to scrap nearly 85...

PNB’s Diamond Fraud Could Hit $2B In Cost

March 07, 2018
The scandal surrounding India’s state-run Punjab National Bank (PNB) is getting bigger — in fact, a source says it could hit the $2 billion mark. Get the Full Story Complete...