innovationinbanking

          National Payments Corporation of India (NPCI) Hyderabad Campus is looking forward to welcome Manager-BlockChain into its fold.           As the Blockchain project picks up speed, NPCI has released a Job Opening for Manager-Blockchain for its Hyderabad campus.           The NPCI campus in Hyderabad is spread over eight acres and in the next couple of years, the whole NPCI Operations Team will function from this Hyderabad campus.           Once fully operational, 3,000 + employees will function from NPCI Hyderabad campus. The campus will be certified for LEED Gold standard from Indian Green Building Council – IGBC at Hyderabad.  The Job Role of Manager-BlockChain is as under:-     The prospective candidates should  01) Demonstrate good und...

          Reserve Bank of India has informed to public at large that it has imposed a monetary penalty of ₹ 10,00,000/- (Rupees Ten Lakh only) on Urban Co-operative Bank Ltd., Basti (U.P.) The monetary penalty is for violation of RBI Instructions/Guidelines on ·        Opening of on-site ATM without prior permission from RBI, ·        Exposure Norms and Statutory/ Other Restrictions- UCBs, ·        KYC/ AML norms ·        and Investments by UCBs. Basti district is one of the districts of Uttar Pradesh state, India, and a part of Basti Division.   Basti town is the district headquarters. In the freedom struggle of 1857, about 250 martyrs of Amorha State were hanged by the British Government from peepal trees located at Chhawani. Basti came from the original name basisthi, Basisth the great sa...

          Nobody is safe from cyber criminals these days, not even the Police Personnel.           It was turn of Karnataka Internal Security Division (ISD) chief Ashit Mohan Prasad to fall prey   to cyber criminals. The cyber criminals this time made   away with Rs 2 lakh within minutes of collecting his debit card details from him.           On 16/10/2018, Shri Ashit Mohan Prasad, a 1985-batch IPS officer of Karnataka cadre, filed a complaint with the cybercrime police station of the Criminal Investigation Department stating that he lost INR2 lacs.   As per CID sources, Prasad received a phone call around 3pm on Monday. The caller, claiming to be a bank executive, told him that his two debit cards would expire soon and asked him to reactivate them. Prasad shared the debit card details of his one account with the call...

          The final countdown for Kumbh 2019 has begun.           Massive efforts are being put by multiple organisations for Safe Kumbh 2019.           Kumbh is one of the world's largest religious gathering and is held on a rotational basis in either of the four riverside towns of Haridwar, Allahabad, Nasik and Ujjain. The Maha Kumbh is held every 12 years at Prayag (Allahabad), with the Ardh (half) Kumbh being organized every 6 years. The last Maha Kumbh took place in 2013 which was attended by an estimated 10 crore people over a two-month period. The next Kumbh is scheduled to be held in Allahabad in 2019. The Hon’ble Chief Minister of Uttar Pradesh has declared that the Kumbh at Allahabad shall be the most memorable event for pilgrims and has given the vision of ‘Divya Kumbh, Bhavya Kumbh.’ The Kumbh Mela at Prayag takes...

          Dhule situated in Maharashtra is witnessing rapid growth and one of the long pending demands of traders is the integration of its   Cheque clearing channel to the Western Grid CTS channel.           This dream recently came true with the CTS going live in Dhule in September 2018.           This will boost Safe Digital Transactions amongst the business community and reduce cash-based transactions. Dhule is one of the major cities in India situated on the banks of Panzara River. It is a municipal corporation in Dhule District in the northwestern part of Maharashtra state, India known as Khandesh. The town planning of this city was done by Sir Mokshagundam Visvesvaraya. Recently Ministry of Surface Transport has granted conversion of surrounding 4 state highways to National Highway, after which Dhule would be the on...