India Inc welcomes launch of Bharatiya Mahila Bank

Welcoming the launch of the Bharatiya Mahila Bank, India Inc on Wednesday said the initiative will propel women's financial inclusion, encourage female entrepreneurs and empower women in the......

Smart cards' steep cost puts off banks

Smart cards may not be the smartest of options for banks when it comes to credit or debit cards. While Visa and Mastercard are aggressively pushing banks to convert to smart card, the bankers have......

Now, use your debit card for inter-bank fund transfers at ATMs

Initially, the amount allowed to be transferred is a maximum of Rs 5,000 a day and Rs 25,000 a month. If you need to transfer money from, say, your YES Bank account to a customer of Union Bank of......

Small pvt banks to opt for white-label ATM to reduce cost

To grow the distribution network while keeping costs under check, smaller private sector banks are looking at reducing the dependence on their own automated teller machines and instead relying on......