Since 2014, the per-day transaction limit for IMPS was capped at Rs 2 lakh. But now the central bank has increased the limit to Rs 5 lakh.
Phishing-related frauds is the most common different age groups, a survey by FIS, a global Fortune 500 company has found.
The mobile banking app of HDFC Bank, which has been under the regulatory lens for network outages, was down for an hour due to unspecified issues
Banks have advised depositors to not believe in hearsay and make sure to verify the source of such messages, emails, calls, etc. before sharing any de
The biggest bank in the country has brought these services to the customer online during the pandemic
Tier-II and tier-III cities contributed 50% of total transaction, said the report
For getting the access to your account online, you must sign up for the net banking and mobile banking services
According to the bank, most of the frauds take place by hacking in the customer's phone which usually has all the banking data saved
Axis Bank customers can send money abroad in over 100 different currencies, without any need to visit a branch
On April 1, banks were shut and several customers faced issues while transferring money