HDFC Bank technical glitch: Angry customers have taken to social media to complain regarding inconvenience faced by them, especially since it's the start of the month and most people get their salaries around this time

'Not a recession yet': FM Sitharaman calms nerves on economic slowdownIn her address to Rajya Sabha on Wednesday, Finance Minister Nirmala Sitharaman agreed economy has lost steam, but maintained that matters have not descended into a recession yet. She further said that there would never be a recession in the country. \"If you are looking at the economy with a discerning view, you see that growth may have come down but it is not a recession yet, it will not be a recession ever,\"...

The RBI's latest vision document for payment and settlement systems, which outlines the road map for 2019 to 2021, aims to achieve a cash-lite society . To that end it proposes to examine round-the-clock availability of various payment systems, including NEFT

How it became India's fourth most valuable group and what it is doing to stay on top.

HDFC Bank is deepening the digitisation push even as it exploits the 'Bharat' opportunity cautiously and profitably.

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Several government steps over the years have made digital payments affordable.

HDFC Bank is gradually raising the bar in the banking industry with expanding size, unmatched profitability and low delinquencies.

The Bank has aggressively scaled up its footprint with the acquisition of ING Vysya Bank.

Now, SBI, which was often labelled as old-fashioned, has an aggressive social media strategy, providing Internet and mobile banking solutions with ease to cater to the Gen Y customers.

In the ranking of top-10 firms, TCS retained its numero-uno position followed by RIL, ONGC, ITC, HDFC Bank, Sun Pharma, CIL, Infosys, SBI and HDFC.

Ranked at the 45th position, the private sector bank is ahead of global majors Credit Suisse, DBS Group, and Standard Chartered with a market capitalisation or M-Cap of $40.58 billion.

HDFC Bank is already a market leader in e-commerce. \"Almost 45 per cent of the transactions are on our (debit or credit) cards,\" says Aditya Puri.

The new limits and rates by SBI, HDFC Bank and Axis will be applicable to transactions done in Mumbai, New Delhi, Chennai, Kolkata, Bangalore and Hyderabad.

The New Year offers great investment opportunities for retail investors as the country's economy looks to emerge from a prolonged lean phase. This is, therefore, time for investors to make smart decisions to reap the benefits of a reviving economy.

Banks are struggling with shortage of funds even as retail investors throng banks to deposit their money seeking higher returns.

The new government may have come with a reforms mandate, but it has its work cut out as far as the financial sector changes are concerned.

Struck by the slowdown, those in the 25-35-year age group have shown surprising resilience. These children of good times have restrategised their finances so well that all investors can learn from them.

You are in the midst of the first world-wide economic slowdown and recovery seems a long way off for the global markets. So do you need to change your investment strategy? Money Today thinks so.What the Experts hope to do in 2009 How to invest in 20092009: A year of hope

The year 2007 was remarkable for virtually every asset class. Money Today reached out to experts on stocks, real estate, mutual funds and commodities for their views on the way the markets will pan out in the coming times.