Free Press Journal
  • Pune: ‘Banks evolved from being a legacy platform to adopting modern tech’, says Amarendra Sahoo

    Pune: Banks as an institution cannot be replaced. But that does not mean banking as an institution should stop innovating. The Indian banking system left behind its legacy to adopt modern technology, and there is lot more that the Indian banking system can do. This was discussed at the recently held ‘Banking Conclave’, in MIT-SOB (the acronym for MIT’s School of Business), Pune.

  • How banking Industry is using automation for collecting & recovering loans

    As Indian economy grows at a very fast rate, one sector that is seeing tremendous growth is banking sector. We see a huge surge in demand for finance from small scale and large scale enterprises alike. Banks, credit card companies and other financial institutions give loans and advances to individuals and small Businesses. There is a huge collection and recovery process that is generally outsourced by most of the banks. This is

  • Government has sought report on debit card data compromise: Jaitley

    New Delhi: Finance Minister Arun Jaitley today said the government has sought a detailed report on the extent of debit card data compromise following the biggest security breach in the Indian banking industry that affected over 32 lakh card holders.

  • SBI’s group insurance scheme for retired staff

    Indore : State Bank of India, having the largest workforce in the banking industry, has introduced as a welfare measure a group insurance scheme for its retired staff.