Articles with tag: hdfc

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NPCI rolls out UPI AutoPay for recurring payments

23 Jul 2020 | Online Payments

The National Payments Corporation of India (NPCI) has launched the UPI AutoPay feature to facilitate the process of recurring payments.

The National Payments Corporation of India, NPCI, launch, UPI AutoPay, India, recurring payments, online transaction, e-mandate, auto-pay, UPI ID, QR, Intent, merchants, Axis Bank, Bank of Baroda, HDFC Bank, HSBC Bank, ICICI Bank

Yes Bank raises 1 bln to boost capital

19 Jun 2020 | Payments General

India-based Yes Bank has planned to raise at least USD 1 billion through a public offering of shares to boost its capital.

India, Yes Bank, banks, commerce, Reserve Bank of India, RBI, SBI, HDFC, ICICI Bank, Kotak Mahindra Bank, Bandhan Bank, Federal Bank, IDFC First Bank

HDFC Bank, Innoviti provide one-stop UPI and Bharat-QR solutions

18 Feb 2020 | Mobile Payments

India-based HDFC Bank and Innoviti Payment Solutions have partnered to extend the bank’s DigiPOS suite of services across Innoviti POS terminals.

HDFC Bank, Innoviti, UPI, Bharat-QR solutions, QR payments, mobile payments, India, Asia, APAC, POS, mobile POS,

HDFC Bank violates KYC norms; RBI imposes penalty

31 Jan 2020 | Digital Identity, Security & Online Fraud

The Reserve Bank of India (RBI) has imposed INR 1 crore penalty on HDFC Bank for non-compliance with KYC norms. 

RBI, monetary penalty, HDFC Bank, KYC, norms, compliance, banks, due diligence, accounts

Reserve Bank of India fines HDFC Bank for KYC norms violation

19 Jun 2019 | Digital Identity, Security & Online Fraud

Reserve Bank of India has revealed it fined the private sector lender HDFC Bank INR 1 crore for not reporting frauds and non-compliance with other directions.

Reserve Bank of India, fine, India, HDFC Bank, violation, KYC, norms, compliance, fraud, bills, BoEs, currency monetary penalty, regulations

Indian banks unveil blockchain-linked funding for SMEs

04 Feb 2019 | E-invoicing, SCF & E-procurement

A group of 11 Indian banks have teamed up to unveil a blockchain-linked funding for SMEs.

Banking, blockchain, digital, innovation, lending, partnerships, SME ICICI, Axis, HDFC, Kotak Mahindra, Yes Bank, Standard Chartered, RBL, South Indian Bank, IndusInd Bank, State Bank of India, Bank of Baroda, Asia, India

ICICI, Axis, HDFC Bank, and more to launch blockchain-linked funding for SMEs

29 Jan 2019 | E-invoicing, SCF & E-procurement

A group of 11 banks have planned to launch India`s first blockchain-linked funding for small and medium enterprises (SMEs).

ICICI Bank, Kotak Mahindra Bank, Axis Bank, HDFC Bank, RBL Bank, Yes Bank, Standard Chartered Bank, South Indian Bank, blockchain, SME, funding, India, banks, SCF, underbanked, credit