Page 19 - Mobile Pay News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Editorial | what does this mean? This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Icici registers one million users from other banks for mobile payments super app 08 March 2021 3 India's Icici Bank says one million customers of other banks have started using its iMobile Pay app just three months after it opened up the service to the general public. To start using ‘iMobile Pay’, customers of any bank can link their bank account with the app, generate a UPI ID an...

10 lakh customers of other banks using ICICI Bank’s mobile app March 04, 2021 Private sector lender expects the number to double over the next two months As many as 10 lakh customers of other banks are using ICICI Bank’s revamped mobile banking app - ‘iMobile Pay’ and the private sector lender expects the number to double over the next two months. “The bank has achieved the feat in a shade over three months after it made ‘iMobile Pay’ open for all to use, including those who are not its customers. Going by the encouraging response received by this unique initiative that offers i...

Turnaround Strategy Focus on operating profit and building a low-cost franchise have helped the country's second-largest private bank claim the top position Sandeep Bakhshi, MD & CEO, ICICI Bank -- Photograph by Rachit Goswami When 60-year-old Sandeep Bakhshi was pulled out from ICICI Prudential in early 2018 and asked to head ICICI Bank, the country's second-largest private sector bank was facing multiple challenges. One was instability due to the exit of Chanda Kochhar. Second was high level of non-performing assets or NPAs. Bakhshi, who grew up in a defence family, hopping from one school ...

China Issues $1.5M in Digital Yuan Trial as Lunar New Year Approaches Feb 8 2021 · 12:50 UTC | Updated Feb 8 2021 · 13:00 by Ibukun Ogundare · 3 min read Photo: Unsplash According to Chinese media calculations, the digital yuan trials now total about 110 million yuan. Beijing, China’s capital city, is planning to roll out about 10 million yuan, worth $1.5 million, in another trial of the country’s central bank digital currency (CBDC) during the Lunar New Year holiday. Already, China had conducted two major tests of its digital currency, which is currently under development by the P...

Want to buy FASTag online? Check 5 quick ways to get one from ICICI Bank Even if you are not the customer of the bank, ICICI Bank offers easy, quick and hassle-free digital ways through which you can get ICICI Bank FASTag. January 19, 2021 / 11:14 AM IST Four-wheelers should have compulsory FasTags: From January 1, 2021, all four-wheelers should have FasTags, the Union Ministry of Road Transport and Highways said in a notification issued. The Central Motor Vehicles Rules, 1989 were amended for this. FASTag will be mandatory for four-wheelers or M&N category of vehicles that were sold befo...