online banking

Bank of Baroda has launched Whatsapp banking, on-call services and mobile app banking initiatives for customers who cannot physically go to the branches. Bank of Baroda has launched 3 digital initiatives for customers to access as they…

In lieu of non-maintenance charges, banks provide basic banking services such as ATM withdrawals, chequebooks, etc. In a surprise move, Directorate General of Goods and Services Tax Intelligence (DGGST) has contacted all leading banks and…

Twice in the 2 months, Reserve Bank of India (RBI) has taken a proactive approach in dealing with fraud bank transactions via online medium. On June 1st, RBI had declared that Rs 5000 shall be the maximum liability for consumers in…

Internet Banking has always been an important part of our daily lives. Being easy alternative to card payments and e-wallets, net banking makes online transactions really easy. At present, Internet banking is the best and safest online…

Banking is facing Uber movement. The number of branches and people employed in the financial services sector may decline by as much as 50% over the next 10 years, and even in a less harsh scenario they will decline by at least 20%, Says…

In an effort to bolster is GoDigital initiative, India’s second largest private sector bank, HDFC Bank has launched instant 10-second paperless loans for its existing customers. “HDFC Bank will now disburse personal loans to its…

Social media presence of Indian banks is slowly but gradually improving. In the month of May, we had presented a research on present state of social media rankings of Indian banks, wherein ICICI bank was the clear winner. The rankings…

Banking 1.0 was the phase when private banks were allowed to open shops across India. Banking 2.0 was the phase when ATMs were introduced and now, Kotak Mahindra has launched the next version of Banking, which we have aptly named as Banking…

Peace of mind is what Indians prefer – a majority of the Indian consumers are wary of using technology-enabled banking services such as accessing online banking, mobile banking, utilizing ATMs or carrying out even basic credit card…

According to Bank Statistics monthly report released by RBI yesterday, HDFC Bank stands at number one position when it comes to number of e-transactions taking place in India, while SBI is ahead in terms of value of transactions. ICICI…