Internet security firm Kaspersky Lab has revealed that hackers have stolen approximately $1 billion from over 100 banks in 25 countries and termed it as one of the largest bank heists. It als
While State Bank of India is going to extend the banking hours at all its branches in Maharashtra on April 4 (Saturday is normally half day) after three days of holidays, premier private sector ban
To bring awareness about dangerous consequences of borrowing money from unorganised financial sector, HDFC Bank Ltd has launched an educational video film called ‘Dhanchayat’.
The government will on Thursday announce the names of the first 20 urban areas that will be developed as smart cities. In subsequent years, the government will announce 40 cities each to be develop
The government will on Thursday announce the names of the first 20 urban areas that will be developed as smart cities. In subsequent years, the government will announce 40 cities each to be develop
Can you imagine a day without cash? The answer is an obvious ‘no’. The rustle of notes and jingle of coins still have the power to light up any face. In fact, more than 99 percent of tr
In April, former Reserve Bank of India (RBI) governor Raghuram Rajan launched united payment interface (UPI), a payment technology product by National Payments Corporation of India (NPCI), an umbre
The man standing in front of me shifted his weight from his left leg to the right leg. A minute later he gazed forlornly at the serpentine queue outside the ATM, adjusted his spectacles and shifted
Someone breathlessly said: “Mobile ATM has come. Mobile ATM has come.” The message had an electrifying effect on the employees. Amid whoops of joy, they promptly went scurrying out of t
For a single woman to live in a city like Delhi is not an easy task. People are amazed when I say; I have been staying alone for more than a decade now. They wonder what it takes to live such a lif
The Department of Posts has installed 976 ATMs which are mostly located in the rural areas of India, union minister Manoj Sinha informed the Lok Sabha.
It’s common knowledge that banks thrive on interest spread, the difference between the rate they charge borrowers and the rate they pay depositors. Bank profits hinge on those vital two to fi
As media reports spoke of ATMs across the country going dry, Congress leader Rahul Gandhi took a dig at the government even as the finance ministry reviewed the situation and blamed it on “un
