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  • Five ways to save on ATM charges Mar 21, 2016 11:12 AM IST

    Five ways to save on ATM charges

    With ATM usage becoming charged, many people have successfully transformed the way they use their bank ATMs. Use these tricks to optimize your ATM use.

  • Euronet Worldwide Appoints Pranay Jhaveri as the Chief Business Officer for India and South Asia Mar 16, 2016 10:50 AM IST

    Euronet Worldwide Appoints Pranay Jhaveri as the Chief Business Officer for India and South Asia

  • Budget 2016 India: Govt to undertake massive rollout of ATMs in post offices: FM Feb 29, 2016 02:02 PM IST

    Budget 2016 India: Govt to undertake massive rollout of ATMs in post offices: FM

    "To provide better access to financial services, especially in rural areas, we will undertake a massive nationwide rollout of ATMs and micro ATMs in post offices over the next three years," Finance Minister Arun Jaitley said in his Budget speech for 2016-17.

  • Rs 5,000 cr project to computerise 1.55 lakh post offices Feb 24, 2016 02:14 PM IST

    Rs 5,000 cr project to computerise 1.55 lakh post offices

    Telecom Minister Ravi Shankar Prasad said the project involves providing a central server-enabled integrated, modular and scalable solution for all operations of the Department of Posts.

  • PSBs race to set up over 5,500 ATMs in Q4 as fiscal-end nears Feb 08, 2016 08:24 AM IST

    PSBs race to set up over 5,500 ATMs in Q4 as fiscal-end nears

    Of the 27 PSBs, Bank of India, Canara Bank, Indian Bank, Oriental Bank of Commerce and Vijaya Bank have exceeded their planned ATM installation while Dena Bank is yet to set up any against its target of 1,200 ATMs.

  • Lakshmi Vilas Bank launches mobile application Jan 28, 2016 03:22 PM IST

    Lakshmi Vilas Bank launches mobile application

    "Banking is now not just brick and mortar, but includes among others, online banking and point of sale (POS). Our business will substantially diversify," LVB's MD and CEO P Mukherjee said at a press conference here.

  • IBM bags $40 mn deal from Bank Tech India Payments Jan 18, 2016 01:18 PM IST

    IBM bags $40 mn deal from Bank Tech India Payments

    IBM will manage, monitor and maintain the ATM infrastructure providing BTI better visibility and control of its operations and enabling its maximum efficiency, it added.

  • HDFC Bank launches Rs 30 cr marketing campaign Nov 25, 2015 06:54 PM IST

    HDFC Bank launches Rs 30 cr marketing campaign

    Kartik Jain said the 360-degree campaign was first rolled out in non-metro cities before Diwali, and will soon be hitting the eight metros. Last fiscal, the bank had invested Rs 140 crore in advertising efforts.

  • CESC tariff not to come down: Goenka Oct 15, 2015 05:00 PM IST

    CESC tariff not to come down: Goenka

    There has been a 9.2 percent hike in average tariff for CESC in 2014-15 from the average tariff (actually charged) for 2013-14, a CESC source said.

  • CBDT to issue pre-filled I-T Returns form to ease e-filing Sep 24, 2015 04:52 PM IST

    CBDT to issue pre-filled I-T Returns form to ease e-filing

    The apex policy-making body of the I-T department is actively working to ensure that this customer-friendly measure can be launched for taxpayers from the next financial year.

  • EDCC Bank earns Rs 14.81 crore profit Sep 23, 2015 10:52 AM IST

    EDCC Bank earns Rs 14.81 crore profit

    ATM facilities would be made available in its 31 branches in the district which were already computerized, N Krishnaraj said.

  • Indian Overseas Bank launches Rupay MUDRA Debit Card Sep 08, 2015 07:11 PM IST

    Indian Overseas Bank launches Rupay MUDRA Debit Card

    State-run Indian Overseas Bank has launched Rupay MUDRA Debit Card under the Pradhan Mantri MUDRA Yojna, targeting the micro, small and medium enterprises.

  • Grant of payments banks licence arbitrary, says Swamy Sep 05, 2015 04:17 PM IST

    Grant of payments banks licence arbitrary, says Swamy

    Payments Banks are allowed to collect deposits (initially up to Rs 1 lakh per individual), offer Internet banking, facilitate money transfers and sell insurance and mutual funds. Besides, they can issue ATM/debit cards, but not credit cards.

  • Flipkart customers to get refund within 24 hours Aug 31, 2015 04:06 PM IST

    Flipkart customers to get refund within 24 hours

    The instant refund will be completed using Immediate Payments System (IMPS) transfers, it said adding that the CoD IMPS return facility is currently active for banks having IMPS transaction capability.

  • Muthoot Fincorp enters high-tech secuirty business Aug 28, 2015 01:00 PM IST

    Muthoot Fincorp enters high-tech secuirty business

    The Muthoot Pappachan Group, with its flagship gold financing arm Muthoot Fincorp, has floated a new company--MPG Security Group-to take its "technologically advanced security services through emergency response teams (ERTs)" nationwide.

  • RBI doubles PoS cash withdrawal to Rs 2,000 per day Aug 27, 2015 07:04 PM IST

    RBI doubles PoS cash withdrawal to Rs 2,000 per day

    The RBI in July 2009 had allowed cash withdrawal at POS terminals for debit cards and subsequently in September 2013 this facility was extended to pre-paid cards issued by the banks.

  • Payments banks to change banking habits of Indians: Jaitley Aug 21, 2015 02:52 PM IST

    Payments banks to change banking habits of Indians: Jaitley

    RBI has given nod to 11 entities to launch such niche banks within next 18 months. "Payments banks will change the banking habits of people, it will change the way they think, it will change the way they keep the money, where they keep their money, it will change the way they pay," Jaitley said at the Indian Bank event here.

  • Govt committed to revive postal department: Prasad Aug 20, 2015 06:38 PM IST

    Govt committed to revive postal department: Prasad

    The government will soon give handheld devices to all rural post offices, he added. The payments bank licence will enable the Department of Post (DoP) to offer banking services to the masses through its vast network of 1,54,000 post offices, of which 1,30,000 are in rural areas.

  • Payments banks pose risk to public lenders mkt share: Fitch Aug 20, 2015 03:07 PM IST

    Payments banks pose risk to public lenders mkt share: Fitch

    The Reserve Bank yesterday gave 'in-principle' nod to 11 entities, including Department of Post, Reliance Industries, Aditya Birla Nuvo, Vodafone and Airtel, to set up payments banks and proposed such licences 'on tap' in future.

  • EPFO reviews online PF withdrawal plan after SC ruling Aug 18, 2015 02:59 PM IST

    EPFO reviews online PF withdrawal plan after SC ruling

    The Employees' Provident Fund Organisation (EPFO) is cautious after the apex court ruled earlier this month that "the production of an Aadhaar card will not be a condition for obtaining any benefits otherwise due to a citizen".

  • PM urges Greece to vote 'No' as support slips away Jul 04, 2015 04:20 PM IST

    PM urges Greece to vote 'No' as support slips away

    Greek Prime Minister Alexis Tsipras on Saturday urged voters to ignore European scaremongering and vote 'No' in this weekend's referendum as polls showed support swinging behind the 'Yes' campaign.

  • Greek crisis won't impact ICICI Bank: Chanda Kochhar Jun 29, 2015 08:20 PM IST

    Greek crisis won't impact ICICI Bank: Chanda Kochhar

    Worried that the Greek crisis may trigger capital outflows, Finance Secretary Rajiv Mehrishi in New Delhi said the government is in touch with the Reserve Bank which will take necessary steps to deal with the issue.

  • Axis Bk unveils debit card with enhanced security features Jun 25, 2015 09:43 AM IST

    Axis Bk unveils debit card with enhanced security features

    The card named 'Secure+' can be switched off by using a mobile phone application or Internet banking gateway or through the phone-banking application. Besides, customers can also put limits on transactions.

  • NPCI cuts inter-bank ATM transaction fees by 10% May 08, 2015 04:50 PM IST

    NPCI cuts inter-bank ATM transaction fees by 10%

    The Reserve Bank-promoted body has reduced the charges to 45 paise on an increase in volumes and efficiency.

  • Android ATMs may soon be a reality: NCR India Apr 15, 2015 10:33 PM IST

    Android ATMs may soon be a reality: NCR India

    Technology innovator NCR India is set to revolutionize the way automatic teller machines, or ATMs work in India. CNBC-TV18'S Jude Sannith takes a peek at the latest developments from the company which will have ATM machines using an android operating system with cloud technology.

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