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Security personnel at the Kotak Mahindra Bank branch on Friday. (Photo: PTI)

'New branch opening pace has come down owing to digital transactions'

The presence of branches is still important, but it is not as important as it was two-three years back, he said.

12 Oct 2018 1:20 PM GMT

HDFC customers who want to subscribe to IPO of Ujjivan Small Finance Bank (closing on December 4) and buy Sovereign Gold Bonds (December 2 to December 6) through the bank are suffering.

Customers suffer with outage in HDFC Bank net banking, mobile banking...

According to downdetector, users started reporting outage around 1PM on Monday.

3 Dec 2019 5:56 AM GMT

Mobile money is a godsend for rural residents.

Harnessing the power of mobile finance for the masses

Money can now be transferred quickly, efficiently and securely with a fraction of cost of other channels.

9 April 2019 8:52 PM GMT

International Monetary Fund Managing Director Christine Lagarde.(Photo:AP)

Nurture fintech to modernise services, include the unbanked

The marriage of financial services and technology is not new to the 21st century.

16 Jun 2019 7:49 PM GMT

Covid-19 crisis provides an opportunity to revive, re-invent and move more banking products and services to the digital platforms, former RBI deputy governor HR Khan said.

Paper currency now seen as a COVID risk, former RBI man says banks...

Reliance Jio, with its new ties to Facebook , already hopes to use Whatsapp for cash transactions. Banks should jump on...

15 May 2020 4:47 PM GMT

The EventBot Trojan virus may masquerade as a legitimate application such as Microsoft Word, Adobe flash and third-party applications to infiltrate a users device

Alert, Android users! Malware stalking cyberspace

The Trojan virus EventBot targets over 200 financial applications, including money-transfer services and cryptocurrency...

14 May 2020 2:59 PM GMT

Though the digital divide in India is intense, he said, the digital ecosystem in India is still weak, especially in the rural areas. Representational Image/DC

Digital ecosystem in India still weak: Expert

Stressing the need for urgent regulatory attention, Bhoi said that risks are hidden in a highly digitalised world

30 July 2021 4:37 AM GMT

Kaspersky, which research firm Gartner ranks as one of the worlds top cyber security vendors for consumers, said in a statement that it would submit the source code of its software and future product updates for review by a broad cross-section of computer security experts and government officials.

Mobile banking Trojan modifications reach an all-time high

Mobile banking Trojans are one of the most infamous type of malware, as they are designed to steal money.

14 Aug 2018 4:09 AM GMT

COVID-19 will cast a long shadow on our social and cultural lives. What repercussions these changes will have on the shape of human society only time can tell, Kiran Mazumdar-Shaw

Videoconferencing will replace business travel after lockdown lifted,...

In a blog post on changes we can expect post-corona, she also said COVID-19 had exposed the huge shortcomings in public...

18 April 2020 3:59 PM GMT

Among payment modes (during lockdown), UPI made the highest contribution of 43 per cent, followed by debit and credit cards with 39 per cent and netbanking with 10 per cent.

In 30 days of lockdown, online payments dropped by 30 per cent, says...

This is due to drop in transactions in travel, logistics and real estate, but adoption of digital payments has grown in...

24 April 2020 2:20 PM GMT

SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

New NEFT, RTGS fees for SBI customers started today

Also, new revised charges for NEFT, RTGS will attract GST rate of 18 per cent.

15 July 2017 12:25 PM GMT

Panic among people during the initial days (of demonetisation) had led customers rushing to banks and deposit their money. (Photo: Representational Image/PTI)

Ensure mobile banking for all customers: Govt to banks

IT Secretary Aruna Sundarajanis says move part of govt's efforts to boost digital payment system.

1 March 2017 1:02 PM GMT