Merger of banks is a time consuming process which may go on for several months. However, it is made sure during the process that there is minimum disruption or inconvenience for customers

In a tweet, Canara Bank announced that the first OTP facility for ATM withdrawals to make transactions more secure for users.

The Reserve Bank on Wednesday permitted processing of e-mandate on credit and debit cards for recurring transactions (merchant payments) with a cap of Rs 2,000.

The maximum permissible limit for a transaction under the e-mandate facility on cards would be Rs 2,000

India's credit card market is still small in comparison to its debit card market. The latest data from May showed 48.9 million credit card users in the country, compared with some 825 million with debit cards

SBI wants to eliminate debit cards: In the next five years, there will be a limited need to have any plastic cards in your pocket, Chairman Rajnish Kumar said.

ED arrests Kamal Nath's nephew Ratul Puri in Rs 354 crore bank fraud caseThe Enforcement Directorate (ED) has arrested Ratul Puri, MP Chief Minister Kamal Nath's nephew, in connection with a Rs 354 crore bank fraud case. The ED arrested Puri, the former executive director of Moser Baer, after the Central Bureau of Investigation (CBI) last week filed an FIR against him, his father and Moser Baer Managing Director Deepak Puri, Directors Nita Puri (Ratul's mother and Kamal Nath's sis...

Last month, FM Sitharaman said that businesses with annual turnover of 500 million rupees will not have to pay a merchant discount rate on debit card

As online hacking into personal and financial data becomes more sophisticated and invasive, take these steps to insure yourself against losses

How to manage your money better by using latest apps and other digital upgrades

The regulator says non-cash withdrawal transactions such as balance enquiry and fund transfers, and financial transactions that fail due to technical reasons or non-availability of currency notes in ATM can't be counted among the 5 free transactions per month

The RBI's clarification in this regard comes after it has come to notice of the central bank that transactions that have failed due to technical reasons, non-availability of currency in ATMs are also included in the number of free ATM transactions