In a recent communication to all banks, the central government has said the MiTM attacks have been increasing under which messages sent by 'ATM Switch' to 'ATM Host' are altered by attackers to withdraw cash fraudulently

A technical upgrade of RTGS, targeted to enhance the resilience and to further improve the Disaster Recovery Time of the RTGS system, is scheduled after the close of business of April 17, 2021.

The study highlighted that the imposition of service charges resulted in undue collections to the tune of over Rs 300 crore from among nearly 12 crore Basic Savings Bank Deposit Account (BSBDA) holders of SBI during the period 2015-20

Using the facility, customers can withdraw cash using their mobile with any UPI enabled app such as BHIM, Paytm, GPay, among others, and won't need to carry their card to the ATM.

According to the new norms, the bank will charge its cardholders each time a transaction fails due to insufficient funds. According to the SBI website, the fee for a failed transaction would be Rs 20 plus GST

Rule changed for withdrawing cash from ATMs from February 1 for Punjab National Bank customers.

SBI customers complained the bank's mobile app was showing error code 'M005' and causing hindrances to their transactions

The extension was announced to give customers a wider window period allowing them to withdraw Rs 10,000 and above throughout the day across all SBI ATMs in the country

SBI has extended OTP based ATM withdrawals to 24x7 for Rs 10,000 and above at all SBI ATMs from September 18, 2020

State Bank of India will alert its ATM users via SMS in case of any transactions that are not initiated by them

This is second stint of empanelment of Quikr Realty, erstwhile HDFC Realty, by Sebi for valuation and liquidation of stressed assets

SBI customers who maintain an average balance of more than Rs 1,00,000 in their savings account get a special offer. They can perform unlimited free transactions at State Bank of India Group (SBG) ATMs as well as other banks ATMs

Essentially, neobanks are like traditional banks, but with a strong digital touch and customised solutions. They do not have direct banking licences by the RBI. They tie up with traditional banks to provide banking services licenced to them, but with digital tools

Finance Secretary Pandey said that UPI and Adhaar-enabled payment system helped the government transfer Rs 500 each to 19.36 crore of women Jandhan account holders and Rs 2000 to 8 crore farmers for three months at the click of a button

Plasma therapy involves taking antibodies from the blood of a person who has recovered from COVID-19 and transfusing those into a coronavirus infected patient to help kick-start the immune system to fight the infection

SBI account holders will now be able to do only eight free transactions--5 transactions at SBI ATMs and 3 transactions at other bank ATMs. This rule is applicable for people living in these metro cities. In non-metro areas, SBI account holders will get 10 free transaction - 5 at SBI ATMS, and 5 at others

The RBI advisory on safe digital transactions comes close on the heels of a government warning about a suspicious phishing attack in the garb of official information on COVID-19

ICICI Bank launched a service that would allow the customers to manage their bank accounts through WhatsApp chat.

ICICI WhatsApp banking service enables customers to check their savings account balance, last three transactions, credit card limit, accessing details of pre-approved instant loan offers and blocking/unblocking credit and debit cards

Nirmala Sitharaman press conference updates: The Finance Minister is expected to announce a relief package to cushion the impact of coronavirus