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Check out the list of liabilites for customers if their ATM cards defrauded. RBI has advised banks to improve and upgrade their ATM security software against recent frauds like skimming and phishing. RBI has pointed out that banks have not taken steps to secure ATMs running on old software despite being warned about these in April, […]
Indian Bank Internet Banking Green PIN – Learn in few easy steps to create the login and transaction password for Indian Bank Internet Banking Online. The creation of password can be done by customers of Indian Bank themselves without visiting the bank branch. Follow the steps mentioned below for generation of Indian Bank Green PIN […]
Create Indian Bank Debit Card PIN Online without visiting the branch. Follow the guidelines and steps below for generating the Debot Card PIN of Indian Bank online. New PIN can be generated for New as well existing customer including resetting of PIN and Duplicate ATM PIN. Green PIN is basically a new terminoly being used […]
ATMs Machine Upgrade with Security Software to curb hacking – Reserve Bank of India (RBI) has set the compliance timelines for upgrading the ATMs of banks with latest security software and other related compliance items. All the banks need to upgrade their ATMs latest by 30th June 2019. The list of upgrades include implementing security measures […]
Aadhaar Virtual ID in Banks – The Reserve Bank of India (RBI) has asked all banks to implement the Aadhaar enabled Virtual ID system by 30th June. The implementation of virtual IDs (VIDs) in lieu of Aadhaar will help user to migrate to the limited know-your-customer mechanism. “This means customers can choose to give the […]
Government has appointed Arijit Basu as new managing director of State Bank of India. Prior to becoming deputy managing director, Arijit Basu served as managing director of SBI Life Insurance. He will fill the position that fell vacant following the elevation of Rajnish Kumar as the chairman of the SBI. He also served as Chief Risk Officer (CRO). […]
ICICI Bank-Videocon Fraud Case – Fresh whistle blower complaint against Private lender ICICI Bank on it’s 31 loan accounts, where it was complained that the bank had not correctly classified these account NPA as per the exatant guidelines of RBI and alleges that interest income and recoveries from non-performing assets (NPA) have been accounted as fees. It […]
Recent arrest of Bank of Maharashtra MD & CEO Ravindra Marathe, its executive director Rajendra Gupta, zonal manager Nityanand Deshpande and four other officials along with former chairman Sushil Muhnot in an alleged cheating case lodged against real estate developer DS Kulkarni and his wife has angered the Bankers and Indian Bankers Association has come in […]
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