However, the road to profitability has already hit some hurdles for the Delhi-based bank as the Union government has rejected its demand for an additional capital infusion of around Rs 8,000 crore in 2018-19
Processing fees, pre-payment charges add to expenses; also low rates not for all
The proposed lockdown, sans present relaxations, will be implemented from June 19 to 30 and on two Sundays (June 21 and 28) there shall be a full scale shutdown without any relaxations.
Even if the government didn't plan for demonetisation properly, it could have taken steps on a war footing later to ensure the situation improves.
While some of the banks mentioned in the report said they have not come across any such fake apps, others have started an inquiry and also informed the CERT-In -- the national nodal agency for responding to computer security incident.
Around $1 million (Rs 6.63 crore) was seized from two persons here as police intensified vehicle checking in Bihar which is gearing up for the assembly elections, the police said on Thursday.
Greece will extend a bank holiday that has been in effect since June 29 for two more days.
A post in Humans of Bombay's Facebook page from a manager of a bank will give you an insight of what the bankers are going through and will urge you to cooperate with them.
Take this quiz to test your finance gyaan.
Branch additions for most major banks in the current financial year do not correspond to the number of the past two years.
Cyprus, once a high-income economy is today facing a severe economic crisis.
Extensive use of such cards is making it easier for hackers to withdraw large amounts of money before detection.
Instead of being a facilitator, each political formation has only tried to be an ATM for freebies, feels Veena Sandhu
Payment banks may not be viable option to attain financial inclusion.
In refusing to accept its failure, the government has sowed the seeds of further damage: by keeping India short of cash; reducing the headroom for responses to seasonal spikes in cash demand; and increasing the chances that groups will panic at temporary cash shortages, says Mihir Sharma.
In one of the biggest ever bank heists, a global cyber crime ring stole $45 million by hacking into credit card processing firms.
Plastic counterfeiting and frauds have increased at an alarming rate. So how do you protect yours from being misused?
People depositing money with banks in legal tender are allowed to withdraw the equivalent amount without any restriction.
In an online chat with readers on April 27, Sameer Ratolikar, Chief Information Security Officer, HDFC Bank, answered readers' queries on how to secure their online banking transaction.
The 3,357-kg satellite, which was deployed from the lower passenger position of Ariane-5 launch vehicle (VA 251) into the geostationary transfer orbit, is configured on ISRO's enhanced I-3K Bus structure to provide communication services from Geostationary orbit in C and Ku bands.
'Villages are much better prepared than towns as far as COVID-19 is concerned.'
Graduates from any discipline can aspire for a lucrative job at India's fourth largest bank. Here's everything you need to know about the Federal Bank.
Since payment alternatives such as UPI, e-wallets and USSD - based mobile banking through different platforms are directly or indirectly linked to the user's bank account one needs to be extra careful to keep hackers at bay, explains Adhil Shetty, CEO, BankBazaar.
Understanding these seemingly difficult terms will help you navigate the complex world of personal banking with ease.
The cash was reported missing while being ferried to various ATMs in Delhi.
The Supreme Court on Friday dubbed as a "serious issue" the long queues outside banks and post offices and expressed its reservation on the Centre's plea seeking a direction that no other court in the country should entertain petitions challenging the November 8 notification demonetising Rs 1,000 and Rs 500 currency notes.
The cap of Rs 10,000 on daily withdrawal has also been removed.
Engineering requires creative imagination to discover useful applications, critical thinking for flawless implementation, capped with finesse. But do our BTechs fit the bill?
Currently the currency in stock is about Rs 2 lakh crore and the reserves are adequate to meet any unusual spurt in demand
On Friday, the bank's offices and ATMs in Gujarat were faced with anxious customers and a spate of withdrawals as rumours of its viability spread.
The Delhi police has issued a lookout notice for Hari Kishan Sharma, mastermind of the Rs 5.25 crore ATM van heist at Defence Colony, as it suspects that he planned to flee to London via Nepal.
The start of BHIM's declining share coincided with the launch of Google Tez in mid-Septem
Now, customers can do a real time cash deposit into a bank account, withdraw cash, deposit cheques, transfer funds, open fixed deposits, generate bank statements, pay insurance premiums, home loan EMIs and so on.
As ATMs hold huge amounts in cash and criminals use them to get to customers' cards and PIN data, electronic security is crucial
Olympic bronze-medallist boxer and Rajya Sabha MP M C Mary Kom supported the government's decision to demonetise 500 and 1000 rupee notes, saying the move will stall the juggernaut of corruption.
Other private banks also planning to employ bots soon
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