High interest rate, policy uncertainty in the year of elections, along with risk aversion led to slow takeoff in credit demand on the corporate front.
As many as 641 customers across 19 banks have been duped of Rs 1.3 crore using stolen debit card data
Curfew-like restrictions have been imposed in the area, which is the headquarters of the Dera Sacha Sauda sect.
BoB now has over 9,500 branches, 13,400 ATMs, 85,000 employees to serve 12 crore customers.
NPCI calls bids to cover all e-payment transactions where consumer followed procedure; both state and private insurers show interest.
Changes in regulations and the imminent enforcement of some long-standing regulations are pushing up the cost for banks apart from the general cost inflation.
Credit card thieves are getting smarter with the help of sophisticated machines and cameras. But have you become smarter and more cautious?
A Europe-like cyber security defence alliance is the need of the hour, say banking technology experts.
As the 50-day deadline for completion of demonetisation process draws near, there is a growing consensus among bankers that the restrictions on withdrawal would have to continue even in the New Year so as to maintain orderly working at the banks.
Further, 110 people have been arrested in connection with the incident at Pulakeshi Nagar in Bengaluru. Scores of persons, including around 50 policemen, were injured in the violence that erupted on Tuesday night and continued till the wee hours of Wednesday, apparently prompted by the 'communally sensitive' online post.
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.
Processing fees, pre-payment charges add to expenses; also low rates not for all
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
Cyprus, once a high-income economy is today facing a severe economic crisis.
Take this quiz to test your finance gyaan.
Greece will extend a bank holiday that has been in effect since June 29 for two more days.
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.
Extensive use of such cards is making it easier for hackers to withdraw large amounts of money before detection.
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.
After days of incessant rains, the situation improved in many parts of Kerala, Karnataka and Maharashtra on Tuesday with water receding in affected areas.
Payment banks may not be viable option to attain financial inclusion.
As India reels from a severe water shortage, startups have begun offering innovative ways to help people access safe drinking water.
MGNREGA scheme: A significant Rs 17,370.58 crore has been carried forward over to the next financial year as unpaid dues as demand for work continued unabated for the scheme in rural areas.
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?
'This way, you'll maintain our glorious traditional values and get more efficient governance as well.'
