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.
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
The start of BHIM's declining share coincided with the launch of Google Tez in mid-Septem
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.
A section of the public sector banking employees will go on two-day all-India strike from Wednesday to protest against financial sector reforms and outsourcing of jobs.
Other private banks also planning to employ bots soon
Besides the convenience that plastic money accords, it also helps the user to keep an easy track of their expenses.
A task force led by Nandan Nilekani on Thursday suggested that 10 lakh business correspondents be appointed to ensure that social sector schemes' benefit reach the intended beneficiaries in about six lakh villages.
With the first salary date after demonetisation around the corner, will India's labourers be able to take their hard-earned wages home?
New offerings by banks are changing the way you transact.
Amid the crisis has risen an outpouring of empathy from ordinary people across India led by the civil society, who have stepped up to help migrant labourers, domestic helps, construction workers, and small scale workers who were left jobless because of the nationwide lockdown.
In a daring daylight robbery, armed men on Friday decamped with the cash van of a private bank from a posh south Delhi locality, after waylaying the vehicle and shooting its guard. Four men in a car waylaid the cash van of an agency, filling ATMs of ICICI bank, in the posh Defence Colony area. They then opened fire at the guard and fled with the vehicle, which is believed to be carrying nearly Rs five crore.
'Today may be the last day for depositing old notes, but tomorrow all the worries of the banks will not go away.' 'As long as there is cash shortage, banks will not be able to function normally.' 'Nobody knows when the shortage will be over.'
Useful tips to protect users of credit and debit cards from being target of frauds.
Any forced attempt to achieve anything, however lofty the goal, will result in distortions and undesired outcomes, say Anshuman Gupta and Karunakar Jha.
Breaking his silence over the demonetisation issue, RBI Governor Urjit Patel on Sunday said the central bank is monitoring the situation on a daily basis and taking all necessary actions to "ease the genuine pain of citizens" with a clear intent to normalise the things as early as possible.
Nagarjuna, who plays the Sai Baba, this will be his third devotional film after Annamayya and Sri Ramadasu.
The Finance Ministry has asked all banks, including private sector lenders, to open branches in locations with population of more than 5,000 in the under-banked districts by September, 2012.
The government has been taking steps to promote cashless or digital transactions to take India towards a less-cash economy
UIDAI will have to assail concerns over authentication and connectivity that have emerged in the Jharkhand pilot projects.
He challenged political parties to face the polls with the issue.
Most of the buses run by Telangana State Road Transport Organisation are also off the roads
Bharti Airtel subscribers would soon be able to withdraw cash by using their mobile phone, without going to bank branches or any ATM. The company, which recently launched Airtel Money (AM) to allow users to transfer money, as well as pay bills, is in discussion with various banks to launch the cash withdrawal service.
After the recent attack on debit cards exposed the gaps in their security systems, banks are getting serious about data privacy.
Rediff readers share their Cash Crisis experiences.
We bring you some of the best pictures from across the nation in the last one week.
Here's a recap of the events from the past 24 hours.
Work fetches money and that is what keeps us going. But how about money fetching more money? We plan to give you what you need to get started.
'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.'
The SC sought response of all the petitioners who have challenged demonetisation.
How would you react if the oranges and other items at your neighbourhood grocery store were smiling at you? If you want to find out, head to British artist Lucy Sparrow's recent art installment at the Standard, Downtown Los Angeles and check out the adorable results.
It is his "favourite ground" outside India and iconic batsman Sachin Tendulkar is determined to continue this love affair with the SCG, where he averages a staggering 221, during the second cricket Test against Australia starting January 3.
Jaitley said the Rs 500 and Rs 1,000 notes returned to currency chests of the RBI amounted to Rs 12.44 lakh crore
Soon city commuters will be able to use a single, rechargeable master mobility card to hop onto any metro, local train or government bus across all major Indian cities without the hassle of queuing up to buy paper tickets.
If the credit card is not used judiciously, it can cause havoc with one's personal finances, warns Sarbajeet K Sen.
As a volunteer you'll need to meet people and educate them about the benefits of going cashless by going digital.
While a maximum of 21 people died in Puri, four deaths each were reported from Mayurbhanj and Jajpur, and three each in Cuttack and Kendrapara.
Sweeping reforms mooted; feedback open till Aug 27.
'The government and railways are looking after us, but I just want to get home.'