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Thursday, Feb 20, 2020
Beena Parmar

Beena Parmar


Beena Parmar has been is a banking and finance journalist for over 6 years. She loves to read about politics, society

articles by Beena Parmar (179 results)
Nov 10, 2016 14:54
Eyeing an aggressive push towards cashless payments, discounts on debit and credit card transactions are being offered by banks and payment companies to cash in on the ban on Rs 500 and Rs 1000 denomination currency notes. read more
Nov 10, 2016 14:03
The government’s move to ban R500 and R1,000 currency notes on Tuesday to curb black money from the system will also see inflationary worries getting addressed, given the moderation in currency circulation among the public. read more
Nov 09, 2016 19:41
Banks will work an extra two hours on November 10 and 11 and will also remain open over the weekend to help customers queuing up to deposit their 500 and 1000 rupee notes. read more
Nov 09, 2016 16:34
The government’s move to demonetise Rs500 and Rs1,000 notes also push up logistical costs for banks as lenders have to send the cash loading agencies more frequently to load cash into ATMs read more
Nov 04, 2016 11:21
Next year, you may be able make payments through an eye or a finger scan, no longer needing your debit\/credit card PIN or password. read more
Nov 04, 2016 10:43
Taking a cue from State Bank of India, ICICI Bank on Thursday reduced interest rates for home loan borrowers. The offer is valid from November 1 to November 30. read more
Nov 03, 2016 12:05
After State Bank of India (SBI), India’s largest bank, slashed interest rate on home loans, other lenders including ICICI bank and HDFC are likely to follow suit and reduce home loan rates. read more
Nov 02, 2016 10:12
Banks, already saddled with high non-performing assets, (NPAs) have a new problem in hand — rising credit card usage and an increase in loan amount against such cards. read more
Oct 31, 2016 12:47
Credit card usage is fuelling fears for private banks owing to slowing growth from uncertainties in loan usage, which stems from fewer jobs and meagre salary hikes. read more
Oct 24, 2016 10:28
Last week some debit cards of leading banks such as SBI, ICICI Bank, HDFC Bank, Axis Bank and Yes Bank, used at regular ATMs and at maintained by third-party agencies, had been involved in suspicious transactions over a three months, with about \u20B91.03... read more
Oct 22, 2016 13:28
Following the security breach that led to data of almost 3.2 million debit cards getting compromised, banks need to adopt multiple-level authentication, install improved firewalls and employ only a fixed number of softwares at their ATMs, experts sa... read more
Oct 21, 2016 11:31
The move to cut bad loans that have been impacting profitability of India’s top banks has pushed many debt-ridden companies to sell assets over the past three years. read more
Oct 21, 2016 11:20
Following reports of security breaches, top banks, including SBI, ICICI Bank, HDFC Bank, have initiated actions to address the issue at the earliest. read more
Oct 21, 2016 11:12
Some 3.2 million debit cards issued by India’s biggest banks such as SBI, HDFC and others could be exposed to a malware-induced security breach, but the actual damage may be much more than that. read more
Oct 20, 2016 12:47
A virus or malware infection at Hitachi Payments Services led to over 32 lakh debit cards in India being compromised. Hitachi is one of the companies that operate ATMs in India. As a precautionary measure, State Bank of India and its subsidiaries have... read more