In a recent blogpost, Google said hijackers routinely attempt to sign in to sites across the web with credentials exposed by third-party breaches. If netizens use strong, unique passwords for all their accounts, this risk disappears, it said.
The bank, which has suffered reverses following a massive spike in dud assets and also the dismissal of its chief executive Chanda Kochhar over governance issues, however, hinted that the worse is behind.
With the Reserve Bank of India's (RBI) extended deadline coming to an end, there will be no automatic recurring payment for various services including recharge and utility bill as the additional factor of authentication (AFA) will become mandatory from Friday. On December 4, RBI had directed all banks including RRBs, NBFCs, and payment gateways that the processing of recurring transactions (domestic or cross-border) using cards or Prepaid Payment Instruments (PPIs) or Unified Payments Interface (UPI) under arrangements/practices not compliant with AFA would not be continued beyond March 31, 2021. As part of risk mitigation measures, RBI announced this step to bolster safety and security of card transactions.
How much will the banks' bad assets grow in March? It could be anywhere between Rs 1.2 trillion and Rs 2 trillion, observes Tamal Bandyopadhyay.
Do you have parents who have turned 60? You may want to forward Sarbajeet K Sen's suggestions to them.
The bank has decided to embark on a 'Technology Transformation agenda' to provide its customers smoother, faster, and better banking experience.
The Delhi high court on Monday allowed journalist Rana Ayyub to travel abroad while questioning the Enforcement Directorate over a Look Out Circular (LOC) issued against her barring her from travelling abroad.
A comparison with the first quarter of 2019 indicates that even without the coronavirus situation, the box office moolah would have lagged in comparison.
Neymar and Mbappe satins are Paris fashion must-haves.
While start-ups are making it easier to borrow, one needs to choose carefully.
Private banks and start-ups offer instant loans on apps as well as through ATMs.
As many as 116 farmers have committed suicide due to agrarian reasons so far this year, with maximum cases reported in Maharashtra, followed by Punjab and Telangana.
'Those who should have been affected benefitted from demonetisation.' 'And the vast majority who should not have been affected lost out.' 'That is the ultimate result of demonetisation.'
The central bank says that PSU banks need to generate more internal capital and that the government should cut stake.
Telecom regulator TRAI on Tuesday suspended the newly-implemented norms for commercial text messages for one week, following major disruptions in SMS and OTP deliveries for banking, payment, and other transactions.
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SBI will hold 30 per cent in RIL joint venture
Indians are more vulnerable to technology support-related scams compared to the global average, and lost over Rs 15,000 on average in such scam, a Microsoft research has found. According to the 2021 Global Tech Support Scam Research report, which looks at tech support scams and their impact, consumers in India experienced a relatively high scam encounter rate of 69 per cent during the past 12 months, close to the 70 per cent rate experienced in 2018. In contrast, there was an overall five-point drop in scam encounters globally with a rate of 59 per cent over the same period. The survey was conducted in Spring 2021 and asked consumers to share their experiences with tech support scams for the year prior (January 2020 to present).
The most difficult case for the consumer is when your card is cloned and used online.
The climax is what saves Koi Jaane Na from being a complete letdown, sighs Joginder Tuteja.
The Indian regulatory framework forced Citi to hibernate -- contrary to the claim that it never sleeps!
Customers are increasingly preferring to pay through EMIs while buying high-value consumer items, as affordability has become a key factor in the post-pandemic scenario, payments solution provider Ezetap said on Thursday. Buying ability of consumers across the country has been significantly reduced due to the pandemic. They are either avoiding a single big payment or entirely skipping to buy any new item, Ezetap said.
The government's largesse was widely expected after the ruling Bharatiya Janata Party lost power in the recent assembly polls in three Hindi heartland states, where rural distress was cited to be one of the reasons for the defeat of the saffron party.
Short-term loans from NBFCs can be more convenient but come at higher cost
FASTag is a prepaid tag, affixed on vehicle's windscreen, that enables automatic deduction of toll charges and lets the vehicle pass through the toll plaza without stopping for the cash transaction.
Even the well heeled in metros find it difficult to go completely digital. Cash withdrawals from ATMs are back at the same level as they were before demonetisation
Your next ride via the Ola app in an auto rickshaw could be cashless.
'Domestic will remain very much the core of what IndiGo is.' 'But the emphasis in our next growth phase is going to be on the international side.'
Indian companies lost around $53 million (about Rs 328 crore) due to phishing scams with the country facing over 3,750 attacks in July-September this year, making it the fourth most attacked nation globally.
Some states are taking a legal view on the state GST rate and the compensation rules ahead of the Goods and Services Tax (GST) Council meeting, which is likely to be held in mid-June, said people in the know. While the agenda is still being finalised, several states are likely to take up the matter related to GST compensation and may pitch for its continuation beyond the June 30 deadline. States would like to know how they would divide the compensation collected after June 2022 for payment of principal and interest of compensation shortfall borrowing and arrears to states, sources said.
Consumer loans or personal continue to record the highest fraud incidence.
"In 21st century India, there is no place for corruption. Corruption slows down growth and takes a toll on the dreams of the poor, neo-middle class and middle class," he wrote in an article posted on Linkedin.com.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
'Whatever I did, I did for the farmers and whatever I am doing, I am doing for the country'
Days after the PM announced a financial inclusion package, a look at how banks and insurance firms are going about it and what lies ahead.
Opposition leaders on Saturday lauded the Congress for its victory in Karnataka and thanked the people of the state, saying that this win has showed that 'Modi is not invincible'.
SBI offers reward points for various types of banking transactions.
Aryna Sabalenka of Belarus and Paula Badosa of Spain, earned second-round wins
Whether it is for disaster relief or a personal cause, some online platforms help you raise funds for a fee.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
In the start-up world, hitting the $1-billion mark, which accords the "Unicorn" tag, is a milestone. Enterprises typically reach the milestone only by series C or series D, or three to four funding rounds later. Zeta achieved it at the first one. On May 25, the six-year-old banking tech firm raised $250 million from Japanese conglomerate SoftBank, at a post-money valuation of $1.45 billion. "This is the first time we have raised institutional money," Zeta co-founder Bhavin Turakhia beamed on the conference call. This trajectory is uncommon in start-ups.
