Remarkably, 1.2 billion people—almost 90 percent of India’s population—signed up for a digital ID in less than a decade, about half of them linking their new ID to their bank account (see chart 1).
India's credit card market experienced significant growth over the past year, with over 1.10 crore new cards issued. Private ...
Eighty percent of these crimes are domestic, often facilitated by training centers, while the remaining 20% involve ...
The financial implication of banking fraud was Rs213.67bn in H1FY25, an eightfold surge from the previous year.
Can India’s banking sector thrive by embracing ... seeking the sector to deliver sustainable growth in the digital age Is a six-day banking week still relevant in the age of digital banking?
Union Bank of India has reportedly introduced various accessibility features in its Central Bank Digital Currency (CBDC) app.
Public sector banks in India are poised for record profits due to low NPAs and credit growth, anticipated to surpass Rs 1.5 ...
The number of bank frauds witnessed a significant on-year increase in the first half of the current fiscal to 18,461 cases and the amount involved jumped more than eight-fold to Rs 21,367 crore, ...
The Reserve Bank of India (RBI) highlighted increased cyber risks due to digitisation and called for stronger risk management, IT governance, and transaction monitoring in banks and NBFCs. It noted ...