The bank has shown almost 16% of its total assets being branded as non performing or the ones for which repayments are not happening on time.
PCI, at a closed door meeting of its members on Friday, has also constituted new committees.
Dilip Asbe, had joined NPCI as its first employee in 2010 as its chief technology officer and was elevated to the position of the chief operating officer in 2013.
The bank posted a net profit of Rs 203.4 crore against Rs 423.6 crore last year.
The firm is planning to start demo operations on August 14 and initiate full fledged trading from August 24
Earthport also recently announced its partnership with Kotak Mahindra Bank, a leading private sector bank in India.
Online marketplaces are providing access to lending products previously unavailable
While digital payments have witnessed a growth trajectory over the last few months, wallet transactions and card payments have come off the highs on increased cash circulation
Employees can avail the benefits of the IDFC Benefits card also via the Zeta app on the mobile or on the web and Zeta Super Tag (Zeta’s NFC payment solution).
The bank has opened up this offering to a few lakh of pre-qualified customers who can apply for the card online and generate card details and start shopping online instantly.
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