PayU at present provides financial technology to merchants for facilitating online payments. CEO said that PayU witnessed transactions worth Rs 6,000 crore on its platform in January which the company expects to double over the next one year.
The post PayU plans Digibank, aims $100 million revenue by March 2018 appeared first on The Financial Express.
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PayU plans Digibank, aims $100 million revenue by March 2018
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General insurance premium set to go up from April 1
Car, motorcycle and health insurance will cost more from April 1 with regulator Irdai giving go-ahead to insurers for revision in commission for agents.
The post General insurance premium set to go up from April 1 appeared first on The Financial Express.
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SBI may reduce workforce by nearly 10% by 2019, says MD Rajnish Kumar
The total workforce of the country's largest lender -- State Bank of India (SBI) -- will see a reduction over the next two years, after the merger with six entities, owing to attrition, reduced hiring and digitisation, a top official said.The post SBI may reduce workforce by nearly 10% by 2019, says MD Rajnish Kumar appeared first on The Financial Express.
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Note ban may have affected CAD, says SBI Research
SBI Research has attributed the lower outward remittances and massive jump in travel receipts, which bumped up the December quarter CAD, to the note ban impact that dominated the review period.
The post Note ban may have affected CAD, says SBI Research appeared first on The Financial Express.