The cooperation provides real -time settlement options and secure map processing via the new payment gateway of the CamSpay. RBL Bank has announced a partnership with CamSpay, the payment unit of Cams, to launch a new digital payment gateway platform aimed at Indian companies. The bank based in Mumbai will serve as the Merchant that […]
Indian shares came back on Tuesday after a three -day losing series. Analysts expect the markets to witness selective buy, powered by three -month results; While a wider sentiment would depend on macro-economic data and progress in the India-US trade agreement. Stock -specific promotion will probably continue as the profit season collects pace. State of […]
Nifty ended lower for the third consecutive session on Monday. The markets were dragged by weakness in private banking and real estate shares. Analysts expect the market to remain under pressure in the midst of mixed Q1 income, continuous FII sales and lack of progress in the field of the India-US Trade agreement prior to […]
In a rare fit of generosity, the Monetary Policy Committee (MPC) decided in its June meeting to lower the Repo rate with 50 basic points and to beat the Cash Reserve Ratio (CRR) for banks with 100 basic points. The CRR section will be phased out from September to November over four tranches. Both REPO […]