Provisional RBI data for November-December show a steady increase in card usage.
In the same quarter a year before, most of them had reported a dismal performance.
Demonetisation impact: Money lenders make a comeback.
Axis Bank dismisses 24 staffers, suspends 50 accounts after I-T raids
'Fear is also a great impetus to push people in the right direction.' 'So, everyone who has touched black money is scared and I'm very happy about it.'
Report holds Hitachi responsible for debit card data theft. When the data theft came to light, Hitachi had denied that its systems were compromised.
Around 2,500 engineers and 45,000 cash management employees step up efforts to complete the target of recalibrating 12,500 ATMs every day.
With about 2,000 qualified engineers to service ATMs across the country, it is an uphill task to modify 220,000 machines.
After the recent attack on debit cards exposed the gaps in their security systems, banks are getting serious about data privacy.
Insurer likely to support Ratan Tata; reduction in stake might have been profit booking.
A Europe-like cyber security defence alliance is the need of the hour, say banking technology experts.
Axis Bank recently informed the Reserve Bank of India that it had experienced a cyber attack, while the State Bank of India said it was re-issuing over 600,000 debit cards because of a potential security breach.
'Over the next two to three years, hiring will come down further.' 'You will see the industry intake of freshers go down to 150,000 from the current 200,000.'
Threats from IS militants, the Syrian conflict and the migrant crisis in Europe are some of the recent risks that have companies worried, says M Saraswathy.
This form of device-based insurance uses GPS to measure how much a car runs and the speed that it is run at.
Lower inflation, FCNR(B) outflows likely to influence central bank decision
There's surplus liquidity and RBI, with plentiful forex reserves, is ready to pump whatever extra is needed
Other private banks also planning to employ bots soon
General, life insurers with 8 & 10 yrs in biz, respectively, may have to list
Amitabh Chaudhry, who will now head the merged entity, will manage assets under management of about Rs 1.10 lakh crore and an employee base of 23,620 after the completion of the deal
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