Provisional RBI data for November-December show a steady increase in card usage.
In the same quarter a year before, most of them had reported a dismal performance.
Axis Bank dismisses 24 staffers, suspends 50 accounts after I-T raids
Report holds Hitachi responsible for debit card data theft. When the data theft came to light, Hitachi had denied that its systems were compromised.
Around 2,500 engineers and 45,000 cash management employees step up efforts to complete the target of recalibrating 12,500 ATMs every day.
After the recent attack on debit cards exposed the gaps in their security systems, banks are getting serious about data privacy.
A Europe-like cyber security defence alliance is the need of the hour, say banking technology experts.
Axis Bank recently informed the Reserve Bank of India that it had experienced a cyber attack, while the State Bank of India said it was re-issuing over 600,000 debit cards because of a potential security breach.
Other private banks also planning to employ bots soon
Puri has been at the helm of the bank since its inception in 1994.
This comes at a time when competition has increased significantly.
Criterion for corporates will effectively rule out entry for business houses.
Usha Ananthasubramanian said the bank will leave no stone unturned to recover unpaid loans.
The customer needs to be in the proximity of 15 cm from the merchant terminal.
Deutsche Bank could be the next to trim its retail operations.
The minimum amount of recharge is Rs 10 and the maximum is Rs 250.
More people are now comfortable using their debit cards.
With Pockets, ICICI Bank aims to target first-time customers.
In the April-June period, bond yields rose by 30 bps.
HDFC Bank managing director Aditya Puri says a little delay in monetary transmission is inevitable
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