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Beating insurance mis-selling by banks: Use e-banking, reduce branch visits

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

Beating insurance mis-selling by banks: Use e-banking, reduce branch visits
Updated On : 25 Nov 2024 | 10:22 PM IST

NBBL to begin work on net banking interoperability from April: Report

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

NBBL to begin work on net banking interoperability from April: Report
Updated On : 27 Mar 2024 | 10:45 AM IST

To avoid net blackouts, Trai may impose selective ban on WhatsApp, Telegram

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

To avoid net blackouts, Trai may impose selective ban on WhatsApp, Telegram
Updated On : 25 Jul 2023 | 10:05 AM IST

Issues related to cards, net banking top complaint areas at OBO: RBI report

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

Issues related to cards, net banking top complaint areas at OBO: RBI report
Updated On : 04 Jan 2023 | 6:17 PM IST

UP gets digital banking footprint with four of the 75 DBUs on its soil

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

UP gets digital banking footprint with four of the 75 DBUs on its soil
Updated On : 16 Oct 2022 | 10:35 PM IST

TS ECET 2022 Final Seat Allotment Result today: Know details here

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

TS ECET 2022 Final Seat Allotment Result today: Know details here
Updated On : 29 Sep 2022 | 8:10 PM IST

Banks alert customers about mobile banking malware targeting over 200 apps

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

Banks alert customers about mobile banking malware targeting over 200 apps
Updated On : 20 Sep 2022 | 11:10 PM IST

ITR 2021-22: How to e-verify income tax return to complete filing process

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

ITR 2021-22: How to e-verify income tax return to complete filing process
Updated On : 02 Aug 2022 | 9:46 AM IST

Outage hits ICICI Bank mobile, net banking; customers take to social media

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

Outage hits ICICI Bank mobile, net banking; customers take to social media
Updated On : 26 Mar 2022 | 1:13 AM IST

Axis Bank partners MinkasuPay for seamless net banking experience

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

Axis Bank partners MinkasuPay for seamless net banking experience
Updated On : 12 Jan 2022 | 12:59 PM IST

HDFC Bank says 'issues around mobile banking app' have been resolved

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

HDFC Bank says 'issues around mobile banking app' have been resolved
Updated On : 15 Jun 2021 | 2:16 PM IST

Troubled by outages, HDFC Bank to use cutting-edge tech across businesses

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

Troubled by outages, HDFC Bank to use cutting-edge tech across businesses
Updated On : 20 Apr 2021 | 1:19 AM IST

How prepaid cards ensure that you don't go overboard on your expenses

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

How prepaid cards ensure that you don't go overboard on your expenses
Updated On : 08 Jan 2021 | 4:26 PM IST

Russia's Yandex in talks to buy online bank Tinkoff for $5.5 billion

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

Russia's Yandex in talks to buy online bank Tinkoff for $5.5 billion
Updated On : 23 Sep 2020 | 9:04 AM IST

Over 57% consumers prefer internet banking in Covid-19 era: Report

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

Over 57% consumers prefer internet banking in Covid-19 era: Report
Updated On : 12 Jun 2020 | 6:02 PM IST

Covid-19 impact: HDFC, ICICI urge customers to use digital banking services

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

Covid-19 impact: HDFC, ICICI urge customers to use digital banking services
Updated On : 23 Mar 2020 | 8:30 AM IST

Diversifying contactless payments a way ahead during coronavirus outbreak

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

Diversifying contactless payments a way ahead during coronavirus outbreak
Updated On : 19 Mar 2020 | 12:30 PM IST

YES Bank crisis: Paying loan? Shift ECS mandate to a nationalised bank

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

YES Bank crisis: Paying loan? Shift ECS mandate to a nationalised bank
Updated On : 10 Mar 2020 | 2:33 AM IST

Google Pay leads UPIs in digital payments, Amazon Pay most favoured wallet

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

Google Pay leads UPIs in digital payments, Amazon Pay most favoured wallet
Updated On : 27 Jan 2020 | 10:29 PM IST

How RBI has empowered card customers with an additional layer of security

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

How RBI has empowered card customers with an additional layer of security
Updated On : 22 Jan 2020 | 10:51 PM IST