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SBI opens 6 digital branches

Last Updated: Tuesday, July 01, 2014, 19:09

State Bank of India (SBI) opened 'sbiINTOUCH' outlets in Delhi, Mumbai, Bangalore, Chennai and Ahmedabad.

Federal Bank launches Namma Metro Transit cum Debit Card

Last Updated: Tuesday, March 18, 2014, 08:58

A daily commuter can recharge for trips from a selected station to another station up to 100 trips and can avail discounts up to 21 per cent, a bank release said.

Now, punching PIN must for debit card transactions from today

Last Updated: Sunday, December 01, 2013, 10:54

In June, the Reserve Bank had extended the deadline for implementation of mandatory PIN punching at Point-of-Sales (PoS) and merchant outlets till November 30 following representation of banks.

Now, punching PIN must for debit card transactions from tomorrow

Last Updated: Saturday, November 30, 2013, 17:07

In June, the Reserve Bank had extended the deadline for implementation of mandatory PIN punching at Point-of-Sales (PoS) and merchant outlets till November 30 following representation of banks.

Five arrested in $45 mn global `cyber heist`

Last Updated: Tuesday, November 19, 2013, 21:08

Five people have been arrested for conducting a global "cyber heist" of 45 million dollars by overriding the cash withdrawal limits of pre-paid debit cards, U.S. officials said.

Why that plastic money matters

Last Updated: Monday, September 02, 2013, 09:45

There were phases when business was slow, when regular clients deferred assignments looking at the market situation, which meant payments would be pushed even further back.

RBI extends deadline for card security measures implementation

Last Updated: Monday, June 24, 2013, 23:38

The Reserve Bank Monday extended deadline for introduction of additional security features for payment through debit and credit cards as the banks and the related entities have yet to put in place requisite infrastructure.

Banks advised to issue debit, credit cards with photo

Last Updated: Friday, March 15, 2013, 18:25

Banks have been advised by RBI to consider issuing debt and credit cards with photographs of the cardholders to prevent misuse of stolen cards, the Lok Sabha was informed on Friday.

Half of Indian population will have debit cards by 2015

Last Updated: Sunday, February 10, 2013, 18:41

However, the number of credit cards would remain at less than three crore during the same period, a recent study by Assocham, released Sunday, said.

RBI asks banks to consider issuing debt cards with photograph

Last Updated: Wednesday, December 12, 2012, 22:40

To prevent the use of stolen cards, the RBI Wednesday asked banks to consider issuing debit cards with photographs of the cardholders on them.

RBI slashes debit card processing charges for merchants

Last Updated: Friday, June 29, 2012, 12:01

The Reserve Bank of India has decided to cut the fees that banks charge from a merchant for processing a payment done by debit card.

White Paper suggest incentives for use of credit, debit cards

Last Updated: Monday, May 21, 2012, 18:18

In a bid to check proliferation of black money, the White Paper has suggested tax incentives should be provided to encourage use of debit and credit cards and electronic transfer.