Tuesday, Sep 21 2021 | Time 22:09 Hrs(IST)
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Business Economy


Axis Bank crosses milestone of 1 million customers on ‘WhatsApp Banking’

Mumbai, Aug 5 (UNI) Axis Bank, India’s third largest private sector bank, on Thursday announced the milestone of one over million customers on its WhatsApp Banking channel with a staggering request count of six million till date.
Axis Bank had launched banking services on WhatsApp in January 2021 and has since witnessed robust organic growth in its customer base for WhatsApp Banking.
Speaking on this achievement, Sameer Shetty, President and Head – Digital Business and Transformation, Axis Bank said, “With Axis Bank’s ‘Dil Se Open’ philosophy, we are committed to building sharper customer focus and greater convenience through constant innovation in our offerings. We are thrilled to have achieved the milestone of 1 million+ customers in a such a short span of time on our WhatsApp Banking channel, with enhanced customer engagement and minimised turn-around time providing a personalized experience, while ensuring complete data security and privacy. The adoption that we are seeing here shows that the Indian customer is always evolving and our objective is to re-define the role we can play in their lives, by elevating and simplifying digital banking to new domains of customer engagement.”
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I-T department raids textile firm, claims Rs 350 crore stashed in foreign accounts

21 Sep 2021 | 9:33 PM

New Delhi, Sep 21 (UNI) Carrying out a search and seizure operations on a leading textile company, the Income Tax (I-T) department has claimed that the firm had hidden Rs 350 crore in foreign banks and also routed these funds back into its business through shell entities in tax havens.

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Solana snag exposes ‘critical vulnerabilities' in open-source projects: Telos

21 Sep 2021 | 8:56 PM

Mumbai, Sep 21 (UNI) Solana blockchain’s 17-hour outage, which resulted in the network having problems validating transactions, exposes critical vulnerabilities in the way Solana counts and handles transactions, Douglas Horn, chief architect of Telos Blockchain, said on Tuesday.

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Trend Micro launches its first Cloud One data centre in India

21 Sep 2021 | 8:41 PM

Bengaluru, Sep 22 (UNI) Trend Micro Incorporated, the global leader in cloud security, today announced the launch of its Cloud One regional data center in India, to uphold data sovereignty and safeguard data privacy in the country.

Cloud One is Trend Micro’s flagship cloud security services platform for protecting servers, resources, and applications in the cloud. Trend Micro takes the lead by becoming one of the first security vendors to have the broadest set of services around cloud security, delivered out of India. This move follows Trend Micro’s launch of its regional XDR data lake in India last year, according to a release issued on Tuesday.

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Healthcare firm Oxxy lines up health plans worth Rs 10,000 crore

21 Sep 2021 | 8:31 PM

New Delhi, Sep 21 (UNI) Targeting those with no health insurance cover or inadequate protection, healthcare firm Oxxy has lined up ultra affordable medical plans worth Rs 10,000 crore.

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AIBEA requests Nirmala for waiver of GST on insurance premium paid by bank retirees

AIBEA requests Nirmala for waiver of GST on insurance premium paid by bank retirees

21 Sep 2021 | 7:35 PM

Hyderabad, Sep 21 (UNI) All India Bank Employees' Association (AIBEA) on Tuesday requested Finance Minister Nirmala Sitharaman for waiver/reduction in GST on the premium paid by Bank retirees-- Senior Citizens towards Health Insurance Policies and issue one time Advisory to General Insurance Companies to waive ICR norms on account of COVID-19 while fixing premium for the current year.

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