innovationinbanking

                   IDBRT - Institute for Development and Research in Banking Technology   was established in March 1996 as an Autonomous Centre for Development and Research in Banking Technology.           The institute is located in the city of Hyderabad at Masab Tank, easily accessible from all parts of Hyderabad.           It has a residential block for participants of it’s various programs to stay in-house only.           The institute conducts both short-term and long-term programs in the cutting edge of banking technology. Short term programs focus on bank employees to upgrade their skills in the latest banking technology. The focus is to expose participants to the latest banking technologies through lectures conducted by Institute’s faculty and guest lectures from industry Practitioners. The upcoming programs are prominently high lighted on the institute’s website. These enables interested participants to choose program of their choice and plan accordingly

         IKEA Hyderabad team is back with a summer buffet festival.          The buffet festival only for lunch started on 15 th April 2019 and goes on till 15 th May 2019.          The buffet counter opens at 12 noon and customers can drop in for buffet till 4.00pm every day of the week.          IKEA has a tradition of hosting buffets across its store’s world over. The dishes are a mix of vegetarian and non – vegetarian with focus on local recipes as well as Swedish recipes.          The buffet price for an adult is INR450/- and for kids it is INR350/- for IKEA family members.          For non-IKEA family members, the price per adult is INR600/- and for kids it is INR500/-.          The buffet is free for kids under 5years, this applies to IKEA family members as well as non-IKEA family members.          The specialty of IKEA buffet is that the majority of the dishes are unique to IKEA restaurant and are not available at other restaurants.     

           NPCI NACH Team has informed to all NACH Member Banks on the need for new product codes in NACH Credit channel.           At present, 1300+ Banks participate in NACH Credit Channel. The banks are a mix of foreign banks, public sector banks, private sector banks, small finance banks. Payment banks, cooperative banks, Regional Rural Banks, District Central Cooperative Banks, Urban Cooperative Banks, Local Area Bans etc.           The vast reach of the NACH Credit channel with minimal processing cycle makes it attractive for Government Departments to route pay-outs through NACH Credit cycle.           Central Government’s latest flagship scheme i.e PM Kisan SAmman Nidhi Scheme, choose to route the credits to farmers accounts through NACH Credit channel.           The stupendous success of the transaction cycle is encouraging other departments to route their credit transactions through NACH Credit channel.           To enhance the success rates of the N

          As per this paper report, the launch of ‘Hyderabad One Card’ was around the corner with discussions in an advanced stage.       https://www.thehindu.com/news/cities/Hyderabad/sbis-single-card-for-seamless-travel/article24804465.ece           This article has been published in August 2018 and hence it’s bit of a surprise to see an RFP for ‘Selection of Service Provider for Design and Implementation of One Hyderabad Card’ in April 2018.             As per the news reports, State Bank of India had demonstrated the workings of it’s card to top government officials Quote SBI officials had made a demonstration of the card functioning at the Government Task Force Committee meeting held at the TSRTC Bus Bhavan attended by Transport secretary Sunil Sharma, HMR MD N.V.S. Reddy, RTC Executive Director Purushottam and representatives of auto unions, Ola and Uber and so on. Unquote            As per January 2019 press reports, Telangana Transport depar

          The 2019 Qwikcilver Gift Card Conclave is around the corner on 24 th April 2019 at Bengaluru.           As the D-Day draws nearer, Qwikcilver’s Motivational Team is posting highly inspirational articles to grab eye-balls for its range of Gifting solutions.           Check out Qwikcilver’s latest posts at ·        Qwikcilver blog ·        Qwikcilver newletter ·        Qwikcilver whitepaper      Customers can upload all their Gift Cards serviced by Qwikcilver onto Woohoo APP or website and track their usages.      As 9 out 10 Gift Cards in India are powered by Qwikcilver, there are high chances of customers having multiple gift cards all serviced   by Qwikcilver.     Woohoo App enables the users to store, manage and organise their Gift Cards of all enlisted brands safely and securely for timely reminders of validity expiry.       The 2019 Qwikcilver Gift Card Conclave is a great opportunity to elicit feedback on the idea of ‘Dona