The country's largest bank, which has about 25 per cent market share, has also decided to do away with the charges on fund transfer through mobile phones using the IMPS from August 1.
'Reports of hitherto 'atmanirbhar' breadwinners having to stand in line for a plastic bag of khichdi or, travelling thousands of kms with nothing but packets of biscuits, have not moved the prime minister,' observes Jyoti Punwani.
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.
He also sought to know if Modi, during his recent meeting with Chinese President Xi Jinping, asked the latter about the 2017 Doklam standoff.
When NaMo became Pradhan Sevak, little did we know he would usher in words and phrases that would become such an important part of our lives. As he enters his fifth year in office, a look at Modi-lingo :)))
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
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.
Take this quiz to test your finance gyaan.
Cyprus, once a high-income economy is today facing a severe economic crisis.
Extended check-in time, frequent disinfection every hour, additional queue managers at entry, exit, boarding point, check-in halls, security check areas and boarding gates, with social distancing markers and reminders - welcome to our airports post-coronavirus.
Extensive use of such cards is making it easier for hackers to withdraw large amounts of money before detection.
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.
This smartwatch is to Android what the Apple Watch is to the iPhone, says Khalid Anzar.
Payment banks may not be viable option to attain financial inclusion.
Instead of being a facilitator, each political formation has only tried to be an ATM for freebies, feels Veena Sandhu
Branch additions for most major banks in the current financial year do not correspond to the number of the past two years.
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.
Bappadittya Sarkar, who was taken to a Mumbai police station by his cab driver after the latter overheard his phone conservation about an anti-Citizenship (Amendment) Act protest, said the language symbolises whatever is going on in the country.
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?
Its obsession for growth, chasing corporate clients and giving up its original mandate of meeting the needs of local trade and businesses. A quarter of its loan book has gone bad. That's an error of business strategy, points out Tamal Bandyopadhyay.
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.
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.
The cash was reported missing while being ferried to various ATMs in Delhi.
People depositing money with banks in legal tender are allowed to withdraw the equivalent amount without any restriction.
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