33,000 primary agri credit societies to offer doorstep digital banking
Among these 33,000 primary agriculture credit societies (PACS), 20,000 will be equipped to use digital infrastructure.
digital banking
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SBI Card expands partnership with TCS to boost digital transformation
TCS will accelerate SBI Cards’ next leg of digital transformation, and further expand its e-card issuance.
78% expect bank frauds to rise up to 2024
While banks have increased investments towards fraud risk management and monitoring systems and controls, these efforts seem insufficient, says Deloitte India.
Stopping the ‘wear and tear’ on the Indian rupee
Why eRUPI and an easy digital money transfer scheme with Singapore is showing us how far fintech can go, and what it can achieve in India.
The ‘new normal’ for financial services
According to a Capgemini Research Institute survey, while the pandemic propelled digital adoption, physical channels continue to remain significant for financial services consumers.
HDFC Bank's big digital hiccup
The central bank orders the private bank to temporarily stop launches of digital business generating activities as well as sourcing of new credit card customers.
HDFC Bank's Jagdishan faces his first challenge
On the 37th day since taking charge, the RBI diktat—gagging HDFC Bank’s digital initiatives and addition of new credit card customers—is the first big challenge for the bank's new MD & CEO.
Paytm Payments Bank to issue Visa debit cards
The payments bank aims to issue 10 million new cards by the end of the next financial year.
HDFC Bank’s digital outage continues
Customers face disruption in digital banking services. The bank tweeted that it is fixing the technical glitch.
‘We leverage sound energy for digital payments’
The startup, backed by Amazon and Mastercard, says it uses sound waves to enable contactless digital payments with or without the Internet.
