Banks

SBI Clerk 2020 Prelim Exam Begins Tomorrow

Jobs | Edited by Anisha Singh | Friday February 28, 2020

SBI Clerk 2020: State Bank of India (SBI) will begin the preliminary exam for Clerk or Junior Associate recruitment tomorrow. The exam will conclude on March 8, 2020.

Paytm Payments Bank Says Telcos Should Act Faster to Counter Online Fraud

Indo-Asian News Service | Friday February 28, 2020

Telecom companies in India need to implement stringent preventive and punitive measures to counter the menace of online frauds executed through spam SMS or calls, a top Paytm Payments Bank (PPB) executive said on Thursday.

Raghuram Rajan's Advice As Global Growth Slows Over Spread Of Coronavirus

India News | Enda Curran, Bloomberg | Friday February 28, 2020

The best economic tonic for the coronavirus shock is to contain its spread and worry about stimulus later, said Raghuram Rajan, former head of the Reserve Bank of India.

Nirav Modi's Remand Extended By UK Court Till March 24 In PNB Fraud Case

India News | Press Trust of India | Thursday February 27, 2020

A UK court on Thursday extended the remand of fugitive diamond merchant Nirav Modi, who is fighting his extradition to India in the nearly USD-2 billion Punjab National Bank (PNB) fraud and money laundering case, till March 24.

PNB Directed To Compensate For Debiting Rs 50,000 Without Intimation

Delhi News | Press Trust of India | Thursday February 27, 2020

A consumer forum has asked the Punjab National Bank (PNB) to pay compensation to a customer for deducting Rs 50,000 from his account without any intimation.

Google Authenticator App Codes Can Be Stolen by Android Malware Cerberus: ThreatFabric

Abhik Sengupta | Thursday February 27, 2020

Cerberus a relatively new Android malware can now extract, one-time passwords (OTP) generated by Google's Google Authenticator. Cerberus is a critical risk for financials offering online banking services.

Axis Bank Appoints Puneet Sharma As CFO

Business | Edited by Sandeep Singh | Thursday February 27, 2020

Prior to joining Axis Bank, Puneet Sharma spent 12 years at Tata Capital as a senior management functionary and was the group chief financial officer since 2014.

Sensex Falls Over 200 Points, Nifty Drops Below 11,650 Amid Weakness Across Sectors: 10 Things To Know

Business | Edited by Sandeep Singh (with inputs from agencies) | Thursday February 27, 2020

Domestic stock markets started Thursday's session on a negative note tracking weakness in Asian peers amid concerns about the coronavirus outbreak. That marked a fifth straight session of fall for the Indian markets, a after benchmark indices ended at more than three-week lows. The S&P BSE Sensex index fell as much as 202.05 points to hit 39,686.91...

Government "Closely Monitoring" Coronavirus Impact On Economy: Nirmala Sitharaman

Business | Press Trust of India | Thursday February 27, 2020

The Finance Minister said that the process of merger of public sector banks was underway as per the schedule.

NCP Legislator Anil Bhosale, 3 Others Sent To Police Custody In Bank Fraud Case

India News | ANI | Wednesday February 26, 2020

Nationalist Congress Party (NCP) MLC Anil Bhosale and three others were sent to police custody on Wednesday till March 6 by a Pune court in connection with the alleged Shivajirao Bhosale cooperative bank fraud case.

Nirmala Sitharaman Pulls Up State-Run Banks For Poor Branch-Level Services

Business | Indo-Asian News Service | Wednesday February 26, 2020

Customers expect personal touch from bank branch staff, the FM said, adding banks should work at branch-level in letter and spirit of banking, which is a direct connect with customers

Realme X, Realme XT, Realme 5 Pro See Price Cuts of Up to Rs. 2,000 in New Sale

Tasneem Akolawala | Wednesday February 26, 2020

The discounts are reflecting on all three sites – Realme.com, Flipkart, and Amazon. The Realme Xtra Days sale will end on February 29, and the Realme 5 Pro 4GB RAM option is retailing for as low as Rs. 11,999.

Bank ATMs Dispensing More Rs 500 Notes Instead Of Rs 2,000: Report

Business | Press Trust of India | Wednesday February 26, 2020

Although there has been no dictate from the Finance Ministry, banks on their own have decided to fill their ATMs with smaller denomination notes for the convenience of customers, sources said.

Market LIVE: Sensex Sheds Over 350 Points, Drops Below 40,000 For First Time In 3 Weeks

Business | Edited by Sandeep Singh (with inputs from Reuters) | Wednesday February 26, 2020

Domestic stock markets extended recent losses to a fourth straight day on Wednesday with benchmark indices hitting three-week lows. The S&P BSE Sensex index fell as much as 393.03 points to hit 39,888.17 on the downside in the first few minutes of trade, and the broader NSE Nifty benchmark slipped to as low as 11,679.55, down 118.35 points from the...

$8 to Share Bank Balance: Study Puts Monetary Values to Online Data, Privacy

Reuters | Wednesday February 26, 2020

German Facebook users would want the social media platform to pay them about $8 per month for sharing their contact information, while US users would only seek $3.50.