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Ex-Army man, woman held for sharing sensitive info with Pak

The Gujarat Anti Terrorist Squad has arrested a retired Army man and a woman for allegedly sharing sensitive information about military establishments and personnel with Pakistani agents, officials......

Digital Scams Are Getting Smarter

'Just like oral hygiene, cyber hygiene must become a daily habit,' says Beena Vaheed, executive director, Bank of Baroda.'It is not enough to rely only on banks, companies, or the government. Each......

187 bank transfers in 6 months: Woman loses Rs 32cr in digital arrest

In what is said to be the largest digital arrest scam in Karnataka, a 57-year-old woman in Bengaluru reportedly lost about Rs 32 crore in a sophisticated "digital arrest" scam that lasted over six......

Two decades on, SC ensures justice for widow in train mishap case

"A smile on a poor person's face is what we want to earn, nothing else," Chief Justice of India Surya Kant said on Thursday while noting that Railways finally managed to trace and pay Rs 8.92 lakh......

Dr Reddy's Laboratories loses Rs 2.16 cr in cyber fraud

The Bengaluru police have launched a probe into a cyber fraud case where hackers allegedly infiltrated the official email communication between Bengaluru-based Group Pharmaceuticals and Dr Reddy's......

Fino 1st payments bank to get RBI nod to turn SFB

Fino Payments Bank (Fino) has become the first such entity to get an in-principle approval from the Reserve Bank of India (RBI) to transition into a small finance bank (SFB). Illustration: Dominic......

Payments banks urge FinMin to raise deposit limit to Rs 5 lakh

Payments banks have urged the Union finance ministry to increase their deposit limit for each account to Rs 5 lakh, according to a source who participated in a meeting, chaired by the Department of......

'Payment banks' micro-lending to significantly impact economy'

'The transition from payment banks to SFBs is only permissible for banks not owned by corporate entities.' Photograph: Kind courtesy Airtel Payment Bank/Instagram Airtel Payments Bank saw a......

Indian Digital Payment Intelligence Corporation To Combat Fraud

It will enable real-time intel sharing among banks and other financial sector participants to strengthen customer protection against digital fraud. Illustration: Dominic Xavier/Rediff   Similar......

Paytm Payments Bank MD and CEO Surinder Chawla quits

Beleaguered Paytm Payments Bank's managing director and CEO Surinder Chawla has resigned from the company, a regulatory filing said on Tuesday. Chawla's resignation comes amidst Paytm Payments Bank......

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