Nov 24, 2016 09:46 PM IST
Delhi government will push for
the activation of RuPay Debit cards, linked to Jan Dhan
accounts, to help people tide over the cash crisis owing to
- Nov 24, 2016 07:56 AM IST
Country's largest private sector lender ICICI Bank announced waiving the MDR on debit card transactions at all merchants serviced by its merchant acquiring arm ICICI Merchant Services IMSL.
- Nov 22, 2016 10:18 PM IST
In a statement, the Future Retail firm said all its stores, along with all fbb ones, "will be enabled to allow customers to withdraw up to Rs 2,000 from their own bank accounts, using their debit/ATM cards".
- Nov 18, 2016 03:52 PM IST
The demonetisation move by the government has led to a spurt in value of transactions done via mobile and other online modes, says ICICI Bank‘s MD & CEO Chanda Kochhar. Digital and non-cash transactions have gained traction and a large number of inactive debit cards have also started being put to use, she says.
- Nov 13, 2016 10:12 AM IST
RBI said the scrapping of Rs 500/1,000 notes cast a huge responsibility on the banking system to "swiftly withdraw" the currency in a smooth and non-disruptive way and to provide new notes of other denominations.
- Nov 10, 2016 07:52 PM IST
The country's largest bank SBI today said its existing debit cards are not at any risk and customers can use them without any concern.
- Nov 06, 2016 01:22 PM IST
In the biggest-ever security breach in the domestic banking sector, over 32 lakh debit cards of various banks were 'compromised' after a cyber malware attack in the ATM systems of Yes Bank in May-June.
- Oct 24, 2016 08:00 AM IST
With the rise in the dollar index along with cash-based selling by FIIs in equity markets, the rupee has been under pressure but has so far held on to the 67 per dollar mark.
- Oct 21, 2016 03:00 PM IST
Under a new initiative, the bank has started a scheme called 'Hope Loans' by which it will contribute a portion of the proceeds from the repayment of home, personal, education and car loans to select NGOs engaged in sectors like shelter, education, health and environment.
- Oct 21, 2016 12:21 PM IST
The recent cyberattack engulfing 3.2 million bank debit cards is unlikely to come in the way of the government‘s plans to support electronic transactions, including possible tax benefits for payments made through plastic money.
- Jul 11, 2016 10:12 PM IST
It is easier to understand why e-wallet payments are catching on fast in India. More people own smart phones now and are becoming tech-savvy. And e-wallet providers are fighting it out among themselves to grab more of this market share.
- Jul 01, 2016 04:39 PM IST
Credit card debt can ruin your money life. Better avoid such a situation using these smart tips.
- May 27, 2016 01:50 PM IST
This was disclosed at a meeting held under the chairmanship of Haryana Minister of State for Cooperation Bikram Singh Yadav here today to review the financial position of the bank.
- Apr 11, 2016 06:50 PM IST
RBI in August last had given in-principle to the company, which operates under brand name of Airtel Money, along with 10 others, including Reliance Industries, Aditya Birla Nuvo, Vodafone m-pesa, Department of Posts, for starting operations as a payments bank.
- Feb 09, 2016 03:26 PM IST
The bank has tied up with Visa International for debit cards. It would offer two variants, Visa Classic and Visa Platinum.
- Aug 21, 2015 02:52 PM IST
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.
- Aug 20, 2015 03:07 PM IST
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.
- Feb 10, 2015 09:29 PM IST
The new integrated mobile banking service is called 'Pockets', and ICICI Bank Managing Director and Chief Executive Chanda Kochhar claimed that this is the country's first digital bank on a mobile phone.
- Oct 27, 2014 05:15 PM IST
With the world becoming a smaller place today- with internet, mobile being accessible to even the pre-teens. When we asked a group of 100 students studying in the 11th grade how many of them bought things online- the response was 100% of them did.
- Mar 01, 2013 02:36 PM IST
In order to check frauds, the RBI has asked banks to impose monetary limit for international transactions on credit and debit cards and refrain from issuing cards with global access unless specifically sought by the customer.
- Feb 26, 2013 06:02 PM IST
The credit-card segment in the country is estimated to have grown for the first time this fiscal after witnessing sluggishness for four years, says a report by the electronic-transactions provider Atos Worldline.
- Aug 18, 2012 11:50 AM IST
ATM Cards or debit cards are by far one of the most convenient options that have been introduced to encourage cashless transactions. It is convenient, easy to maintain and an almost a direct replacement of cash.
- May 16, 2012 05:26 PM IST
The fourth largest private sector lender by network Federal Bank today launched two premium debit cards exclusively targeted at its HNI customers, apart from a premium travel card.
- Mar 28, 2012 02:28 PM IST
The National Payment Corporation of India (NPCI) has charted out a three year growth plan to expand base of its newly launched first ever indigenous payment gateway - Rupay. This in turn, is likely to give a good run for money to the multinational biggies like Visa or MasterCard.
- Aug 22, 2011 09:05 PM IST
UTI Mutual Fund today said it has partnered with online payment gateway Visa Cards to enable its customers to purchase MF units using debit cards.