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Echoing her views, Debasish Panda, chairman of the Insurance Regulatory and Development Authority of India (IRDAI), also underscored growing concerns regarding banks mis-selling insurance products

Updated On: 25 Nov 2024 | 10:22 PM IST

The RBI had earlier approved an interoperable system saying it will standardise settlement cycles for merchants, improve customer grievance mechanism

Updated On: 27 Mar 2024 | 10:45 AM IST

Popular applications like WhatsApp, Facebook, and Telegram are likely to be among the apps under consideration for a selective ban

Updated On: 25 Jul 2023 | 10:05 AM IST

Issues related to ATM/debit cards and mobile/electronic banking were the top grounds of complaints received at the Office of Banking Ombudsman (OBO) during April 1 to November 11, 2021, an RBI report said on Wednesday. The volume of complaints received under the Ombudsman Schemes/Consumer Education and Protection Cells during 2021-22 increased by 9.39 per cent over the previous year and stood at 4,18,184, it said. Of these, 3,04,496 complaints were handled by the 22 Offices of RBI Ombudsman (ORBIOs), including the complaints received under the three erstwhile Ombudsman Schemes till November 11, 2021. Complaints related to ATM/ debit cards were the highest at 14.65 per cent of the total, followed by mobile/ electronic banking at 13.64 per cent. Around 90 per cent of the total complaints were received through digital modes, including on the online Complaint Management System (CMS) portal, email, and Centralised Public Grievance Redress and Monitoring System (CPGRAMS). Majority 66.11

Updated On: 04 Jan 2023 | 6:17 PM IST

The DBU are being set up to ensure the benefits of digital banking reach the remotest of places

Updated On: 16 Oct 2022 | 10:35 PM IST

To check and download the TS ECET 2022 seat allotment result, candidates need to visit is tsecet.nic.in

Updated On: 29 Sep 2022 | 8:10 PM IST

This malware captures the credentials when users log into their net-banking apps and access bank accounts

Updated On: 20 Sep 2022 | 11:10 PM IST

If the income tax return (ITR 2021-22) is not verified before the last date, it is deemed invalid (not filed) by the Income Tax Department

Updated On: 02 Aug 2022 | 9:46 AM IST

Glitch in server caused disruption; Services restored after 2-3 hours

Updated On: 26 Mar 2022 | 1:13 AM IST

Axis Bank announced its partnership with MinkasuPay to offer the smoothest net banking payment experience for its customers through a biometric authentication solution.

Updated On: 12 Jan 2022 | 12:59 PM IST

"Customers can now use NetBanking and mobile banking app for transactions. We regret the inconvenience and thank you for your patience," HDFC Bank tweeted.

Updated On: 15 Jun 2021 | 2:16 PM IST

In the letter to staff, CEO Sashi Jagdishan lists initiatives such as infra scalability, strengthening monitoring its Data Centre, and improving firewalls

Updated On: 20 Apr 2021 | 1:19 AM IST

They're also safer than credit and debit cards, and online transactions; just make sure you don't overload your prepaid card with too much money

Updated On: 08 Jan 2021 | 4:26 PM IST

Tinkoff is the world's largest bank that is fully online, with more than 10 million customers across Russia

Updated On: 23 Sep 2020 | 9:04 AM IST

As the pandemic environment is moving consumers to interact more digitally with their banks, platform models offer agility and scalability during uncertain times

Updated On: 12 Jun 2020 | 6:02 PM IST

HDFC Bank has urged people to use cheque drop boxes to help reduce crowding in branches

Updated On: 23 Mar 2020 | 8:30 AM IST

Some countries have already quarantined cash, while others like South Korea, have burnt, or high-heat laundered their notes

Updated On: 19 Mar 2020 | 12:30 PM IST

If you are paying a personal/home loan or doing SIPs, shift ECS mandate to another bank. It just might make sense to have one account with a nationalised bank

Updated On: 10 Mar 2020 | 2:33 AM IST

All the findings in this report are based on transactions held on the Razorpay platform from January 2018 to December 2019

Updated On: 27 Jan 2020 | 10:29 PM IST

The option to switch on and off international or online usage gives an additional layer of security

Updated On: 22 Jan 2020 | 10:51 PM IST