Nupur Anand

Stories by Nupur Anand

Cashless transactions see an uptick

Cashless transactions see an uptick

Rediff.com   9 Jan 2017

Provisional RBI data for November-December show a steady increase in card usage.

Hope floats: Q3 may see banks' financials improve

Hope floats: Q3 may see banks' financials improve

Rediff.com   6 Jan 2017

In the same quarter a year before, most of them had reported a dismal performance.

Thanks to the note ban, he's back!

Thanks to the note ban, he's back!

Rediff.com   27 Dec 2016

Demonetisation impact: Money lenders make a comeback.

Axis Bank dismisses 24 staffers, suspends 50 accounts

Axis Bank dismisses 24 staffers, suspends 50 accounts

Rediff.com   16 Dec 2016

Axis Bank dismisses 24 staffers, suspends 50 accounts after I-T raids

'Economists are talking nonsense:' HDFC Bank MD

'Economists are talking nonsense:' HDFC Bank MD

Rediff.com   30 Nov 2016

'Fear is also a great impetus to push people in the right direction.' 'So, everyone who has touched black money is scared and I'm very happy about it.'

How 3.2 million debit cards were compromised

How 3.2 million debit cards were compromised

Rediff.com   24 Nov 2016

Report holds Hitachi responsible for debit card data theft. When the data theft came to light, Hitachi had denied that its systems were compromised.

75,000 ATMs recalibrated in under 6 days

75,000 ATMs recalibrated in under 6 days

Rediff.com   22 Nov 2016

Around 2,500 engineers and 45,000 cash management employees step up efforts to complete the target of recalibrating 12,500 ATMs every day.

Why it will take weeks to tune ATMs

Why it will take weeks to tune ATMs

Rediff.com   19 Nov 2016

With about 2,000 qualified engineers to service ATMs across the country, it is an uphill task to modify 220,000 machines.

How can Indian banks prevent data theft?

How can Indian banks prevent data theft?

Rediff.com   7 Nov 2016

After the recent attack on debit cards exposed the gaps in their security systems, banks are getting serious about data privacy.

Banks debate cyber security alliance against hackers

Banks debate cyber security alliance against hackers

Rediff.com   28 Oct 2016

A Europe-like cyber security defence alliance is the need of the hour, say banking technology experts.

Banks, exchanges come under cyber attacks

Banks, exchanges come under cyber attacks

Rediff.com   20 Oct 2016

Axis Bank recently informed the Reserve Bank of India that it had experienced a cyber attack, while the State Bank of India said it was re-issuing over 600,000 debit cards because of a potential security breach.

RBI may pause this time, but rate cut likely in Dec

RBI may pause this time, but rate cut likely in Dec

Rediff.com   26 Sep 2016

Lower inflation, FCNR(B) outflows likely to influence central bank decision

FCNR redemptions won't be disruptive, say bankers

FCNR redemptions won't be disruptive, say bankers

Rediff.com   13 Sep 2016

There's surplus liquidity and RBI, with plentiful forex reserves, is ready to pump whatever extra is needed

Software robots to perform a fifth of internal jobs at ICICI Bank

Software robots to perform a fifth of internal jobs at ICICI Bank

Rediff.com   9 Sep 2016

Other private banks also planning to employ bots soon

RBI ushers in on-tap bank licence

RBI ushers in on-tap bank licence

Rediff.com   2 Aug 2016

A senior official with Muthoot Finance said the group would also want to apply for a universal licence.

Succession plan in place, says HDFC MD

Succession plan in place, says HDFC MD

Rediff.com   22 Jul 2016

Puri has been at the helm of the bank since its inception in 1994.

Banks cautious on growth in loans against property

Banks cautious on growth in loans against property

Rediff.com   14 Jun 2016

This comes at a time when competition has increased significantly.

All about RBI's debt lifeline to promoters and banks

All about RBI's debt lifeline to promoters and banks

Rediff.com   14 Jun 2016

New SDR norms allow promoters to manage debt-laden firms.

Payments bank dreams go awry before take-off

Payments bank dreams go awry before take-off

Rediff.com   27 May 2016

Of the 11 licence holders, only eight remain in the fray as concerns about profitability and rising competition are making them think twice before jumping in.

Why big firms are left out of on-tap bank licence

Why big firms are left out of on-tap bank licence

Rediff.com   6 May 2016

Criterion for corporates will effectively rule out entry for business houses.