ATM breach: No need to panic, 99.5% of debit cards are safe, says govt
The Finance Ministry on Thursday said only about 0.5 percent of debit cards were compromised while the remaining 99.5 percent were safe adding that there was not need for need for banks and customers to panic.
Oct 20, 2016, 22:29 PM IST
ATM breach: Yes Bank distances itself, says vendors need to do more
Seeking to distance itself from the debit card security breach that has rocking the banking industry, private lender Yes Bank said there was a need for vendors to do more while stressing the need to police service providers in a better way.
Oct 20, 2016, 18:50 PM IST
Debit cards risk: Our systems have not been breached, says MasterCard
Leading global payments and technology company Mastercard on Thursday assured its customers that its own systems have not been breached amid fears rising out of security breach with as many as 3.25 million debit cards in India.
Oct 20, 2016, 18:29 PM IST
ATM security breach: Banks block over 32 lakh debit cards; Govt seeks details
In a move to safeguard their customers from any financial fraud in the wake of unprecedented ATM security breach, various public and private sector banks led by state-run State Bank of India have either recalled or blocked over 32 lakh debit cards.
Oct 20, 2016, 18:20 PM IST
SBI blocks 6.25 lakh debit cards after cyber threat
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Oct 19, 2016, 23:28 PM IST
SBI blocks over 600,000 debit cards after security risk
India's leading lender State Bank of India on Wednesday said it has blocked over 600,000 debit cards of its customers following a suspected security breach adding that it will issue fresh cards to them.
Oct 19, 2016, 19:53 PM IST
EU launches debit cards for refugees in Turkey
The European Union on Monday launched a scheme worth almost 350 million euros providing mainly Syrian refugees in Turkey with pre-paid debit cards, the biggest project yet under a landmark deal between the bloc and Ankara.
Sep 26, 2016, 22:18 PM IST
Govt to bear transaction cost of payments received via cards
In order to promote less cash economy, the government has said it will bear the transaction cost for all payments made to it through debit or credit cards and net banking.
Aug 16, 2016, 15:54 PM IST
Good news! Foreigners, NRIs can now book train tickets in India using debit, credit cards
Here’s is a good news for foreigners and NRIs. Now, they will be able to book train tickets in India online by using international debit and credit cards through IRCTC website.
Apr 30, 2016, 05:06 AM IST
Don't not throw away expired credit, debit cards
A Byculla conman has been arrested by Dadar police station for using fresh user data, siphoning off lakhs from unsuspecting victims.
Jan 30, 2016, 11:01 AM IST
RuPay card to soon overtake Visa-Master cards in India?
It is interesting to note that, of the 580 million debit cards used in India, 190 million are said to be RuPay card, a huge achievement for a year old card.
Aug 19, 2015, 17:12 PM IST
Use credit or debit card? Here are the benefits govt has planned for you
The government has proposed income tax benefits for people making payments through credit or debit cards. This move also aims to boost digital payement and encouraging non-cash transactions.
Jun 23, 2015, 11:14 AM IST
Need to move towards plastic currency: FM Jaitley
Finance Minister Arun Jaitley on Tuesday made a case for greater use of plastic currency even as he stressed that development of new facilities at Hoshangabad and Mysore would help in reducing reliance on imports for printing of currency notes.
Jun 02, 2015, 15:04 PM IST
RBI to banks: Only chip, PIN based debit/credit cards from September
The Reserve Bank on Thursday asked banks to issue only chip-based and PIN enabled debit and credit cards from September, a move aimed at protecting customers from frauds.
May 07, 2015, 19:23 PM IST
India's banks turn to consumer loans to counter corporate slowdown
Meanwhile, retail borrowers have escaped largely unscathed, with income levels still growing, albeit at a slower pace, and no large-scale job losses.
Apr 20, 2015, 08:17 AM IST
Now, saving A/c holders can get ATM-cum-debit cards issued by Post offices
Post offices can now issue ATM-cum-debit cards for savings account holders, as per a new amendment in the rules.
Dec 31, 2014, 16:28 PM IST
