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Mobile banking News

01 Sep 2022

ATTENTION! SBI customers: Know how to submit cheque via Yono app, Net Banking

SBI customers can submit PPS online. RBI introduced PPS to safeguard against cheque fraud. All the details of PPS will be cross-checked at the PPS portal.

16 Oct 2021

Transferred money to wrong account? Here’s how to recover it

However, money is frequently transferred to the incorrect number in this situation. In this scenario, you may also be eligible for a refund. Many attempts are undertaken on a continuous basis to make banking facilities more accessible.

Kotak Mahindra Bank

25 Aug 2020

Kotak Mahindra Bank launches cardless cash withdrawal facility through ATMs

The facility allows Kotak accountholders to make cash withdrawals as well as remit money to beneficiaries across India without using a physical debit card. Kotak customers can initiate the transaction through the Kotak Net Banking or Mobile Banking platform using their registered mobile number with the bank. The beneficiary need not be a Kotak customer and need not even have an account with any bank.

06 Mar 2020

Yes bank withdrawal limited to 50 thousand, Rbi says, not to panic

After Pnb one more bank fraud is in the market. RBI superseded the board of Yes Bank and imposed a month-long moratorium. Rbi told to customers not to panic in the situation of cash withdrawal

25 May 2019

Malware designed to steal money from banks grew 60% in Q1

Mobile banking Trojans are one of the most rapidly-developing, flexible and dangerous types of malware, said the report from cyber security firm Kaspersky Lab.

Bank savings accounts

03 Mar 2017

Govt asks banks to enable m-banking for all by March 31

Mobile number seeding and enabling the same for m-banking are a pre-requisite for making mobile payments.

04 Dec 2016

Turn your mobile phone into your bank, wallet in these easy steps

Nowadays most people have smartphones and these can be conveniently converted into wallets.

25 Nov 2016

Demonetisation: PM Modi pushes for use of mobiles to deal with cash crunch

Pushing for mobile banking to deal with problems arising out of demonetisation, Prime Minister Narendra Modi on Friday asked the people to let their mobile phones serve as a bank branch to deal with corruption and black money.

20 Oct 2015

DNA: Sweden on track to becoming first cashless nation!

24 Aug 2015

DBS to soft launch mobile banking in India

Singapore's DBS bank which has branches in major cities of India will soft launch its digital/mobile online banking in the country this week, a top official of the bank said Monday.

10 Aug 2015

'India, China witness uptrend in mobile banking'

Mobile banking has risen significantly in emerging market economies like India and China and the number of such users globally is expected to double in the next four years, a KMPG and UBS research says.

02 Jul 2015

HDFC Bank sees mobile banking overtaking net banking next year

"Usage of mobiles has been growing rapidly and outpacing the growth of the Internet transactions. We feel next year it will overtake Internet banking," its head of digital banking Nitin Chugh told reporters here.

30 Jun 2015

SBI eyes top slot in mobile banking with focus on corporates

Bhattacharya said the lender ranks at top in mobile banking in terms of number of transactions done but in terms of volumes it is still at third or fourth position.

30 Jan 2015

Aadhaar to be used as 'digital identity' for mobile banking

The union government under its ambitious 'Digital India' programme has decided to use the Aadhaar number as a "digital identity" for the purpose of mobile banking.

04 Dec 2014

RBI asks banks to adopt easy norms for m-banking registration

The RBI Thursday asked banks to make registration process for mobile banking services easy and activate services at the earliest to expand the reach of mobile banking in the country.

18 Sep 2014

SBI accounts for half of mobile transactions: RBI

State Bank of India's (SBI) account holders undertook 52,27,782 transactions using their mobile phones involving Rs 546.34 crore in value in June, RBI said in data released Thursday.

financial inclusion

01 Aug 2014

Modi will launch financial inclusion campaign: Jaitley

Prime Minister Narendra Modi will launch the government's campaign for financial inclusion to ensure that 7.5 crore households that do not have access to banking have at least two accounts.

04 Jul 2014

India yet to tap potential of mBanking: Report

Only a quarter of Indian adults have either an active bank account or an active mobile money account.

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