While BSE and NSE are unaffected, platforms like IIFL Securities, Angel One, and 5Paisa report glitches due to Microsoft Azure issues
The RBI states that internal accounts in banks are being misused for fraudulent activities. Fake transactions are being carried out through these acco
Various types of cyber scams are taking place in India. One of them that has emerged in the recent past, is the extortion scam. Cyber criminals are ta
What is the importance of cooperative banks? When does RBI cancel the license of a cooperative bank? How will depositors get their money if a bank clo
Banks have been advised to enhance surveillance to identify cyber threats and expedite security measures, raises high alerts against threats
The primary reason is insufficient funds in the account of the issuer. Often, discrepancies in the name or overwriting on the cheque can also lead to
Due to rising competition among banks to increase deposits and issues of high CD ratios, the battle between banks is likely to intensify further.
Many banks had rolled out special fixed deposit schemes to commemorate India's entry in Amrit Kaal back in 2023.
There is a long list of criteria while applying for home loans from the banks
Under the ECLGS scheme of the government, HDFC Bank has disbursed advances to over 5,950 MSME units in the state