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Mobile banks for unbanked Gram Panchayats on cards in Odisha
In its bid to provide banking services in the unbanked gram panchayats, Odisha government is contemplating to join hands with the banks operating in the state to roll out around 100 mobile vans in the...
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Travelling abroad? You are more prone to online financial crimes
If you have plans to visit a foreign land soon, be careful of becoming an easy prey for fradusters awaiting you online. A study by a leading company that offers endpoint protection solutions has found...
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Cash-based or cashless economy, ATM industry is set to soar: Seshadri
By Thyagarajan Seshadri The ATM industry has altered the Indian banking landscape in last two decades, with banks trying to restructure themselves and reorient the entire banking sector. This can be...
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SBI orders 7,000 ATMs in deal with NCR Corp.
The State Bank of India (SBI) has joined hands with US-based ATM manufacturer NCR Corporation to install over 7,000 cash-vending machines across the country in the next seven years. Under the 334-crore...
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All SBI ATMs likely to be functioning today
Giving some respite to the common people struggling to withdraw money from banks across the nation, India's largest public sector lender State Bank of India (SBI) has announced that all its ATMs will...
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Payments Bank — The New Age Banking
The Indian banking sector has undergone a digital makeover post-demonetisation. In this era, the payment methods are one of the few happening spaces and therefore various modes of digital payments are...
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Demonetisation – A Defining Moment For India
Having initially invited a mixed response from general public besides witnessing the much-anticipated theatrics of political rivals, Prime Minister Narendra Modi-led government finally appears to be...
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Haryana Government pitches for digital payments
In a bid to promote cashless transactions, Haryana has announced that all the government payments of more than Rs 5,000 would be made via digital mode only. “Five per cent rebate will be given on bill...
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SBI deactivating insecure ATM cards, go check yours
For curbing the menace of discrepancy and malware attacks pertaining to online banking, public sector giant the State Bank of India (SBI) has initiated blocking insecure and old ATM cards. It seems...
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SBI downsizes daily ATM cash withdrawal limit to Rs 20,000
The country largest public sector lender State Bank of India (SBI) has halved its daily ATM cash withdrawal limit to Rs 20,000 a day, from Rs 40,000. The newly set withdrawal limit will be effective...
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IDFC Bank partners with Andhra Pradesh Govt for DBT via Aadhaar-enabled Micro...
IDFC Bank has tied up the Government of Andhra Pradesh, Krishna District to enable Direct Benefit Transfer through interoperable AEPS (Aadhaar Enabled Payment System) micro ATMs which are within easy...
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In a first, DCB Bank launches Aadhaar-enabled ATM in Bengaluru
In a bid to facilitate transaction without debit card and PIN, DCB Bank has unveiled Bengaluru’s first ATM that accepts Aadhaar number and Aadhaar fingerprint (biometric) to dispense cash. Former...
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