According to Global Payment Cards Data, 80% of cards across the world are issued between Unionpay, Visa and Mastercard. There are about 14 Billion cards used in the world with Asia Pacific showing the fastest growth – thanks to various financial inclusion programmes across China and India. 474 more words
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In news: The Banks Board Bureau (BBB) has recommended 22 general managers to be elevated as executive directors at various public sector banks. These recommendations are based on interactions held by the Banks Board Bureau with eligible candidates from PSBs towards appointment against vacancies in PSBs for the period 2018-19. 111 more words
“No FPI shall have an exposure of more than 20 per cent of its corporate bond portfolio to a single corporate (including exposure to entities related to the corporate),” RBI said.
Bitcoin originated with the white paper that was published in 2008 under the pseudonym “Satoshi Nakamoto.” It was published via a mailing list for cryptography and has a similar appearance to an academic paper.5,684 more words