Xiaomi backed Huami has launched two new wearables in India. The new Amazfit Pace and Amazfit Cor belong to completely different categories.

The employees of Reserve Bank of India (RBI) will go on a two-day mass leave on September 4 and 5.

The India Post Payments Bank will deliver door-to-door banking services in rural and far-flung areas, said PM Modi while launching the initiative.

The SBI advisory to its customers asking them to replace their cards is in line with the RBI directive that all magstripe cards will have to be exchanged with EMV chip cards by the end of this year.

Kerala CM seeks Rs 2,000 cr relief package from PM as state suffers Rs 19,512 cr loss; Walmart completes deal to acquire 77% stake in Flipkart; India's CAD to widen to 2.5 per cent of GDP in FY19: Moody's; and Infosys CFO M D Ranganath steps down after 17 years. Watch more in this episode of Business Wrap.

Kerala CM seeks Rs 2,000 cr relief package from PM as state suffers Rs 19,512 cr lossAbout 357 people have lost their lives in what could be called the worst-ever flood in a century in Kerala. So far, the National Disaster Response Force has evacuated over 10,000 people from the worst-affected areas of southern state. In an unprecedented relief effort under the instructions of Prime Minister Narendra Modi, 67 helicopters, 24 aircraft, 548 motorboats and thousands of rescue personn...

The Home Ministry in a notification said that the new procedures would come into effect from February 8, 2019. The move came in view of the spurt in incidents of attacks on cash vans, cash vaults, ATM frauds and other internal frauds leading to increased sense of insecurity.

Cosmos Bank ATM hack: NPCI says cyber fraud due to malware attack on bank's IT system; rupee hits fresh record low of 70.32 against US Dollar; NTPC to set up a subsidiary for coal mining soon; Patanjali to launch Kimbho chat app on August 27. Watch more in this episode of Business Wrap.

Cosmos Bank ATM hack: NPCI says cyber fraud due to malware attack on bank's IT systemA day after Pune-based Cosmos Bank said it was hit by a cyber attack in which miscreants allegedly hacked the server and transferred over Rs 94 crore to overseas accounts, the National Payments Corporation of India (NPCI) claimed that its systems are \"fully secure\" and the cyber fraud happened due to a malware-based attack on the lender's IT system. Hackers managed to siphon off over Rs 90 crore...

The National Payments Corporation of India (NPCI) said that its systems are \"fully secure\" and the cyber fraud happened due to a malware-based attack on the Cosmos Bank's IT system.

On August 1, there were 32.25 crore Pradhan Mantri Jan Dhan Yojana account holders with a total balance of Rs 80,675 crore. The government provided overdraft of Rs 5,000 to one account holder per household. But merely 1% of account holders used this overdraft facility. Watch BusinessToday.In video to find out why there was such low utilisation of the overdraft facility.

ATMs across the globe under major threat from a cyber attackATMs around the world are under a major risk of fraudulent cash withdrawals. This type of attack is called \"ATM cashout\" and this particular plan has been detected by US' premier investigating agency, FBI. The attack is aimed at ATMs from different banks. The massive heist is expected to take place with the help of cloned cards. The payment processors of various banks might also be hacked to gain easy access to the cash...

ATMs across the globe under major threat from a cyber attack; Reliance JioGigaFiber registrations to go live from August 15; Xiaomi, Samsung battle it out for the top spot in Indian smartphone market. Watch this episode of Daily Tech Wrap with Danny D'Cruze.

The top officials of the bank are expected to hold a press conference today to explain the developments. Established in 1906, the Cosmos Bank is one of the oldest cooperative banks in India.

ATMs around the world are under a major risk of fraudulent cash withdrawals under a coordinated attack. This attack is called \"ATM cashout\" and has been detected by US' premier investigating agency, FBI.

India's refurbished goods market is flourishing on a smartphone boom, changing consumer attitudes and business models.

This initiative aims to facilitate those who can't stand in long ATM queues or are not in a position to perform bank-related tasks themselves. Cases related to elderly becoming victims of theft, snatching, robbery, etc, while they do bank-related work, are on the rise.

Last year In April, the RBI through a confidential circular to banks had highlighted concerns about the ATMs running on Windows XP and/or other unsupported operating systems.

The introduction of the new Rs 100 notes comes at a time when the industry still has not completed the recalibration of all ATMs to dispense the newly introduced Rs 200 notes.

The video starts with PM Modi, while explaining about black money stashed in foreign banks, saying \"every citizen of India would get Rs 15-20 lakh without doing anything\".