A large number of people using cards at PoS Cards being used more frequently Small-ticket transactions Mastercard South Asia head Porush Singh calls these the three key trends for a cashless future. And post-demonetization India, he believes, is steadily moving towards it.
In the new decade, the scene will change because the banks till recently had been challenged by the fintechs, but the techfins have now entered the arena, observes Tamal Bandyopadhyay.
Processing fees, pre-payment charges add to expenses; also low rates not for all
After days of incessant rains, the situation improved in many parts of Kerala, Karnataka and Maharashtra on Tuesday with water receding in affected areas.
Readers tell us how they are managing without cash since November 8.
The bank's response came to a clarification sought by stock exchange on recent reports on debit cards blocking in the wake of suspected data breach
'This way, you'll maintain our glorious traditional values and get more efficient governance as well.'
As India reels from a severe water shortage, startups have begun offering innovative ways to help people access safe drinking water.
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.
Take this quiz to test your finance gyaan.
Cyprus, once a high-income economy is today facing a severe economic crisis.
Greece will extend a bank holiday that has been in effect since June 29 for two more days.
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.
Extensive use of such cards is making it easier for hackers to withdraw large amounts of money before detection.
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.
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
Payment banks may not be viable option to attain financial inclusion.
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.
'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.
He also sought to know if Modi, during his recent meeting with Chinese President Xi Jinping, asked the latter about the 2017 Doklam standoff.
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?
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.
The cash was reported missing while being ferried to various ATMs in Delhi.
