With the introduction of EMV chip cards, the ATMs have been upgraded too in order to make use of the upgraded security features of new debit cards.

Prime members will get 12 hours exclusive early access to over 170 million products across hundreds of categories from 12 noon on January 19, 2019.

Earlier this week, the bank announced recruitment of Specialist Cadre Officers (SO), on regular and contractual basis, for over 11 vacant posts.

Tokenisation is a process that masks actual card details using a unique alternate code called the \"token\", which is unique for a combination of card, token requestor-for instance m-commerce apps-and devices like smart phones.

Opting for tokenisation, which masks actual credit or debit card details, will reduce the risk of data theft.

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

He also attributed the successful implementation of Aadhaar to the decisive leadership of Prime Minister Narendra Modi, saying the Congress-led UPA remained \"half-hearted\" towards it.

This comes as a major relief for the bank, which was barred by the apex bank from opening bank accounts in June after it failed to stick to the RBI norms.

In India, financial year runs from 1st April to 31st March of next year. Hence, you need to prioritise your financial obligations until the due date arrives.

Once the December-31 deadline ends, all private as well as public banks, in line with the RBI mandate, will deactivate all magstripe credit and debit cards from January 1, 2019.

The Reserve Bank of India has asked banks to ensure that their customers migrate to debit and credit cards with EMV chips by the end of this year.

Prime Minister Narendra Modi announced Rs 4,500-crore financial assistance to Bhutan to help the country implement its 12th five-year plan

The Reserve Bank of India extended the enhanced single borrower limit facility for NBFC sector by another three months

The Paytm Postpaid service is presently in beta testing phase and is available to select users only. The credit service is being powered by ICICI Bank.

Following a mandate by the Reserve Bank of India (RBI) to phase out old magstripe cards, the biggest lender in India has asked its customers to upgrade to EMV chip cards by December 31, 2018.