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Avoid sharing personal/banking data with anyone. The moment you realise that you have fallen prey to a fraud, approach the bank and service provider immediately
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State Bank of India accounts for nearly 39% of the RuPay cards issued to Jan Dhan beneficiaries in the country
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Punjab National Bank is the first public sector bank in the country to launch video-KYC service
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For the customer using UPI mode of transactions frequently, there is no escape from the irritating technical woes. But NPCI data shows a substantial decline in those snags
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HDFC Bank MD Sashi Jagdishan said the bank has faced five instances of downtime in last 28 months and every instance has hardened the bank's resolve to do better, keeping customers in mind
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The RBI Deputy Governor noted that in contrast to the open banking initiatives witnessed in some countries, India has embraced an approach where both the regulator and the market have collaborated for the development of the open banking space
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Quick grievance redressal is one of the parameters that the RBI thinks is significant to ensure financial inclusion
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The biggest advantage is you can pay without handing over the card to anyone, but you also need to be extra-cautious to keep it safe
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UAE Exchange and Financial Services, REPCO Bank, Chaitanya India Fin Credit Private Limited, and Pankaj Vaish and others, are the applicants under the guidelines for 'on tap' licensing of universal banks
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The bank has 35 branches in the country and employs approximately 4,000 people in the consumer banking business