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RBI warns public against financial frauds in its name

Warning the general public about credit card frauds in the name of RBI, the central bank on Friday said it does not carry out business with individuals and falling prey to such offers can cause their financial loss.

India has seen the lowest no. of credit card fraud cases: Visa

Leading payment system provider Visa Wednesday said India has witnessed the lowest number of credit card fraud cases compared to other nations, amid a rise of 'skimming' frauds in recent cases.

Need for uniform security standards to check card fraud: Khan

Amid reports of growing number of misuse of cards, the Reserve Bank on Thursday pitched for uniform security architecture for electronic banking across nations to check credit card frauds.