1.28 crore bank accounts on boarded on platforms across 20 districts Srinagar, Mar 15: Jammu and Kashmir has achieved 99.80% digital coverage of eligible saving and business accounts, reveals a document accessed by the news agency. It states that as many as 1.28 crore accounts have been successfully on boarded on digital platforms across [] The post J&K achieves 99.80% digital banking coverage appeared first on Northlines .

Vinod Chandrashekhar Dixit Why delay in implementing a 5-day banking system ? Bank employees have been pushing for a 5-day workweek for a long time. The Indian Banks Association (IBA) and bank unions agreed to a 5-day workweek in December 2023. They finalized plans in the 9th Joint Note on March 8, 2024, which [] The post Why Banking sector needs a five day working ? appeared first on Northlines .

The evolution of financial services has been transformative, especially within the world of payment businesses. As customers and small to medium-sized enterprises (SMEs) increasingly adopt online transactions, ensuring secure and seamless payment experiences has become a priority for businesses across sectors. In this ecosystem, leveraging payment gateways to enhance the safety, efficiency, and convenience of [] The post Banking on Innovation: How Payment Businesses Use Gateways for Secure Trans

Shivanand Pandit The Indian Parliament has taken a significant step towards reforming the countrys banking sector with the passage of the Banking Laws (Amendment) Bill, 2024. This landmark legislation introduces a range of reforms designed to enhance bank governance, strengthen investor protections, and improve the ease with which customers interact with financial institutions. On December [] The post New Banking Laws: Progression or Regression? appeared first on Northlines .