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Bitcoin operates by giving each user a unique public key, which is a string of numbers. Users can transmit money in the form of digital bitcoins from one public key to another.

Business

Citi India bans use of debit, credit cards to buy bitcoins

RBI clarified that it has not given any licence to any entity to operate such schemes or deal with bitcoin.

13 Feb 2018 10:04 AM GMT

A typical credit card can be availed by visiting a bank branch or by filling an online form. But not an SPC. These are typically an invitation-only offering.

Business

Why you should not use credit card for cash withdrawal

You will end up paying hefty cash withdrawal fee and advance payment charges.

15 Jan 2019 6:30 AM GMT

All your credit card use reflects in your credit history which is shared by card and loan companies with credit rating agencies such as Cibil and Experian.

Business

Here is how you can use credit card to keep away from additional...

While some of the charges are compulsory for using a credit card, some charges can be reversed or avoided.

30 July 2019 12:35 PM GMT

HDFC Bank is Indias second largest private sector bank. (Photo: YouTube)

Business

HDFC bank says no risks to consumption story yet

Consumption story is still on said Parag Rao, the HDFC bank's country head for payment products.

25 Aug 2019 11:05 AM GMT

Business

HDFC Bank to offer 2 million credit/debit cards to millennials

The cards, christened Millennia come with a slew of features like a 5 pc cash back on shopping and an 1 pc fuel...

23 Aug 2019 3:32 AM GMT

$With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.$ Business

RBI cuts risk weight on consumer loans to 100 per cent

On a review, it has been decided to reduce the risk weight for consumer credit, including personal loans, RBI statement...

7 Aug 2019 2:05 PM GMT

The cause was identified to be a delay in a software update by the vendor who developed the payment system which was configured to end on January 1, 2020. (Photo: ANI)

Technology

Y2K-type bug causing credit card rejection

The glitch was causing parking meters in the city to reject credit cards and prepaid parking cards.

6 Jan 2020 2:44 AM GMT

Business

PayPal, HDFC Bank partner to offer seamless payment experiences

This agreement will take effect immediately, with new experiences available to customers.

9 Aug 2018 8:43 AM GMT

India Post is starting its India Post Payments Bank.

Business

India Post Payments Bank launch deferred due to Vajpayee's demise

Prime Minister Narendra Modi was to launch IPPB on August 21.

17 Aug 2018 10:19 AM GMT

An aerial view of the floods in Aluva after heavy rains, in Kerala. (Photo: PTI)

Business

Kerala floods: HDFC Bank to adopt 30 villages, donate Rs 10 crore

It also announced a waiver in late payment fees on monthly loan installments and credit cards for August to its...

29 Aug 2018 10:06 AM GMT

$\The current level of international product prices of petrol and diesel and Rupee-US Dollar exchange rate warrant increase in selling price of petrol and decrease in selling prices of diesel.$ India

No surcharge on card payments at petrol pumps even after Jan 13

On Sunday night, Petroleum Minister Dharmendra Pradhan had said that such payments would be accepted without surcharge...

9 Jan 2017 9:07 AM GMT

Technology

Nazi Enigma technology may make bank cards ultra secure

New cards will include a device that generates new numbers for transactions, replacing existing three-digit CVV security...

2 Jan 2017 1:12 AM GMT