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    • Bank of Baroda signs MoU with NeML, becomes 'clearing bank' for handling financial transactions

      The partnership is expected to give the bank access to agriculture marketing federations and to support commodities traders' businesses

    • Making 'angootha chhaap' fancy: Govt to launch Aadhaar Pay on Apr 14

      Government is all set to launch Aadhaar Pay on April 14, a payment system which will enable people to carry out bank transactions just by using their thumb impressions.

    • Number of cyber financial frauds jumps to 16,468 in 2015-16

      The number of cyber frauds involving financial transactions in India increased by about 25 percent to 16,468 cases in 2015-16 from a year ago, Parliament was informed today.

    • E-Payment cards - Are they safer means to pay your bills?

      Compared to credit cards, e-payment cards are better placed when it comes to limiting monetary loss arising out of financial frauds. They also limit your shopping expenditure to the extent of money loaded on them.

    • IPL spot-fixing: ED widens probe

      The Enforcement Directorate, for the first time, had registered a criminal case of money laundering in Indian Premier League (IPL)

    • Maintain separate e-mail ids for social networking and banking: Symantec

      If using the same email id across social networking accounts and financial transactions is your thing, then you may want to read further.

    • Merkel-Sarkozy meet disappoints; Eurobonds not a solution

      Expectations were running high ahead of the Merkel-Sarkozy meet last night, but the outcome sure has disappointed the Street.

    • Like urban counterparts, rural banking to get real time

      Villages in rural India are getting ready to usher in financial transactions on a real-time basis, reports the Hindustan Times. Public sector lender Central Bank of India, in a joint venture with Tata Consultancy Services (TCS), will soon rollout hand-held devices capable of transferring data instantly.

    • S Korea's underground economy estimated at 17% GDP

      The size of the so-called underground economy in South Korea has been shrinking steadily since the early 1990s due to increased transparency of financial transactions, a report said today.

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