Mumbai: Tata Consultancy Services and ICICI Bank on Tuesday announced the launch of iLens, a digital-lending solutions app, which is powered by the TCS lending platform. According to a statement from the IT giant, the platform would digitise the entire lending process –from application to disbursement– to offer everyone, including...
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The payments bank said the new facility would help business correspondents (BCs) of the bank to open an account just by undertaking face authentication through electronic know-your-customers (e-KYC).
The cumulative number of e-KYC transactions via Aadhaar so far has increased to 1,297.93 crore by the end of September 2022, the statement said. Similarly, Aadhaar-enabled payment system (AEPS) has been an enabler of financial inclusion at the bottom of the income pyramid.
Pune (Maharashtra) [India], October 17 (ANI/NewsVoir): Technological advancements in the lending field and rising demand for digital instant loans have made insta personal loan offers more appealing and popular.
Hyderabad (Telangana) [India], October 15 (ANI): Two persons were arrested for cyber fraud as they allegedly duped people by sending fake KYC links to update bank accounts, Telangana Police said on Friday.
New Delhi [India], October 14 (ANI): The Department of Telecommunications (DoT) on Friday announced that it received 100 registrations for machine-to-machine service provider/ wireless local-area network (WLAN)/ wireless personal area network (WPAN) connectivity provider till today.
New Delhi [India], September 12 (ANI/SRV): Simplyfy Crypto is built to be India's leading cryptocurrency / NFTs exchange with its headquarters in New Delhi. It has built-in various world's first features along with auto-order matching fiat P2P exchange. Simplyfy Crypto will be expanding globally by bringing P2P solutions for the on-ramp and off-ramp of Fiat Crypto across the world.
Mumbai (Maharashtra) [India], September 10 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 12.35 lakh on Indiabulls Commercial Credit Limited for non-compliance with certain KYC-related provisions.
Pune (Maharashtra) [India], August 26 (ANI/NewsVoir): Bajaj Finance has increased FD rates for multiple tenures from August 26, 2022. The rate change will be applicable for all deposits starting at Rs 15,000 to Rs 5 crore made for a tenor of 12 to 23 months, 15 months, 18 months and 22 months. For a tenor of 12-23 months, the interest rate for customers below 60 years has been increased from 6.20 per cent p.a. to 6.35 per cent p.a. however, for senior citizens, the rates have been increased from 6.45 per cent p.a. to 6.60 per cent p.a.
Mumbai (Maharashtra) [India], August 24 (ANI/BusinessWire India): Tata Capital, a leading finance provider, is offering instant small business loans at attractive interest rates and structured EMI plans. Establishing and running a successful business is in no way an easy feat, funds are needed at every step of the way - from initial operations to expansion. As small to medium businesses continue to contribute to the country's GDP growth, several lending institutions offer affordable business loans to help these companies stay afloat.
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