Banking Transaction
Credit cards gain more currency pipping debit cards for e-commerce
They overtake debit cards for e-commerce and bill payments but remain a minuscule portion of personal loans
 "Credit cards gain more currency pipping debit cards for e-commerce")
BoB rejigs corporate banking biz, to open 27 branches for mid-corp entities
After rationalisation, nine Bank of Baroda branches will cater to large corporates while 27 will be for mid-sized corporates
 "BoB rejigs corporate banking biz, to open 27 branches for mid-corp entities")
What are Nostro and Vostro accounts?
The first stock market came up in Amsterdam in the 17th century. And the modern banking system evolved in Italy. The terms, Nostro and Vostro, came from that region. But what do they mean?
 "What are Nostro and Vostro accounts?")
HDFC Bank embarks on 'Technology Transformation Agenda': MD tells employees
Having faced multiple episodes of digital banking glitches in the last two years, HDFC Bank has embarked on a 'Technology Transformation Agenda' to provide safe and secure banking services
 "HDFC Bank embarks on 'Technology Transformation Agenda': MD tells employees")
Banks face tech resilience test as Covid-19 boosts digital services
Between April 2020 and January 2021, mobile banking transaction volumes doubled to 39 million, while internet banking transaction volumes grew 60 per cent to 7 million
 "Banks face tech resilience test as Covid-19 boosts digital services")
CCPA seeks RBI intervention on banks delaying refund when transactions fail
Newly set up consumer protection regulator CCPA has flagged this issue to the RBI seeking its intervention to ensure banks reverse such money on time
 "CCPA seeks RBI intervention on banks delaying refund when transactions fail")
How ATMs are amping up tech power, innovation to serve as mini banks
A silent revolution is playing out in the field of banking transactions in India
 "How ATMs are amping up tech power, innovation to serve as mini banks")
Go digital to save cost on banking transactions: All you need to know
Among all charges, the fee levied for non-maintenance of minimum balance remains the highest
 "Go digital to save cost on banking transactions: All you need to know")
