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COVID-19 Personal Loan – Almost all the public sector banks are offering the COVID-19 Personal loan to their existing borrowers under salary, pension, home , MSME and Mortgage loans. Some of the big banks offering covid-19 personal loans include SBI, Canara Bank, Bank of Baroda (BoB), Punjab National Bank (PNB), Bank of India (BoI) , […]
Go through the audio conversation between a customer and so called Fake Customer Care Executive of SBI. Initially they asked for SBI debit card and when they came to know that customer doesn’t carry the State Bank debit card, he asked for any bank’s card. This is known as Vishing in banking terminology and defined […]
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, […]
What would be the future of eWallet in India. This is a very sensitive query raised as various digital initiative are taken by Big banks in India along with NPCI. A common question asked by many, “What would be the future of Paytm ?”. This was the question raised when NPCI launches BHIM, QR Code […]
Recently Government agrees to infuse Rs8,586 crore capital infusion in 10 weak public sector banks (PSBs) in the current fiscal year but terms strict norms and condition, including raising capital from other sources and curtailing major employee benefits. Government wants a tripartite memorandum of understanding (MoU) in this regard between Bank Management, Government concerned and […]
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