Net Banking

Issues related to ATM/debit cards and mobile/electronic banking were the top grounds of complaints received at the Office of Banking Ombudsman (OBO) during April 1 to November 11, 2021, an RBI report said on Wednesday. The volume of complaints received under the Ombudsman Schemes/Consumer Education and Protection Cells during 2021-22 increased by 9.39 per cent over the previous year and stood at 4,18,184, it said. Of these, 3,04,496 complaints were handled by the 22 Offices of RBI Ombudsman (ORBIOs), including the complaints received under the three erstwhile Ombudsman Schemes till November 11, 2021. Complaints related to ATM/ debit cards were the highest at 14.65 per cent of the total, followed by mobile/ electronic banking at 13.64 per cent. Around 90 per cent of the total complaints were received through digital modes, including on the online Complaint Management System (CMS) portal, email, and Centralised Public Grievance Redress and Monitoring System (CPGRAMS). Majority 66.11

The DBU are being set up to ensure the benefits of digital banking reach the remotest of places

To check and download the TS ECET 2022 seat allotment result, candidates need to visit is tsecet.nic.in

This malware captures the credentials when users log into their net-banking apps and access bank accounts

If the income tax return (ITR 2021-22) is not verified before the last date, it is deemed invalid (not filed) by the Income Tax Department

Glitch in server caused disruption; Services restored after 2-3 hours

Axis Bank announced its partnership with MinkasuPay to offer the smoothest net banking payment experience for its customers through a biometric authentication solution.

"Customers can now use NetBanking and mobile banking app for transactions. We regret the inconvenience and thank you for your patience," HDFC Bank tweeted.

In the letter to staff, CEO Sashi Jagdishan lists initiatives such as infra scalability, strengthening monitoring its Data Centre, and improving firewalls

They're also safer than credit and debit cards, and online transactions; just make sure you don't overload your prepaid card with too much money

Tinkoff is the world's largest bank that is fully online, with more than 10 million customers across Russia

As the pandemic environment is moving consumers to interact more digitally with their banks, platform models offer agility and scalability during uncertain times

HDFC Bank has urged people to use cheque drop boxes to help reduce crowding in branches

Some countries have already quarantined cash, while others like South Korea, have burnt, or high-heat laundered their notes

If you are paying a personal/home loan or doing SIPs, shift ECS mandate to another bank. It just might make sense to have one account with a nationalised bank

All the findings in this report are based on transactions held on the Razorpay platform from January 2018 to December 2019

The option to switch on and off international or online usage gives an additional layer of security

The bank has apologised on Twitter and assured customers that the problem will be resolved soon

Data from RBI shows that value of transactions via cheques as a proportion to the total number of transactions has come down to 3%

Banks also need to ensure to provide customers with secured access to mobile & online services