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Cashless Banking

Digital Banking Will Be The Future Of Banking Post Corona Pandemic

Sep 16, 2020 Srivatsa Subbanna

Customers now expect banks to maximize digital interactions and come up with digital alternatives for their day-to-day banking needs as they are now more open to trying out a new app than they were before the COVID-19 pandemic.

Cash No King Anymore: Covid Pandemic Has Accelerated Adoption Of Digital Payments

Jul 17, 2020 Manas J Sharma

Given the fact that Coronavirus can sustain on various surfaces for several hours, bank notes going through rapid change of hands during a day could turn out to be a serious health hazard. The risk could be even more pronounced on the coins in circulation.


FASTags To Be Available Across Country At Petrol Pumps, No KYC Required

Two mobile apps were also launched to enable real-time recharge of any FASTag through UPI and linking them with customer's bank account.

Logistic Issues In Replenishing ATMs Reason Behind Cash Crunch: RBI

Apr 18, 2018 Outlook Web Bureau

"The situation will stabilise once demand normalises... Supply of currency will also reduce. So it is function of demand and supply."


Why Are ATMs Running Dry Again, A Year And Half After Demonetization?

The shortage of currency has spread to states like Maharashtra, Bihar and Gujarat, despite the currency in circulation crossing the pre-demonetisation level.

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15 December, 2017

Controversial FRDI Bill With 'Bail-In' Clause, Deferred

Outlook Web Bureau

The so-called "bail-in" clause in the draft bill has been commented upon by experts as bringing potential harm to deposits, in the form of savings accounts.


07 December, 2017

Preparing For Cyprus Moment: Centre May Allow Banks To Use Your Hard-Earned Deposits In Case It Collapses

Kumar Shankar Roy

Scary Bail-in clause in FRDI Bill cleared by the Union Cabinet in June 2017 allows banks to finance themselves using depositors money.


29 November, 2017

Paytm Payments Bank Officially Launched, Here Are Some Key Features

Outlook Web Bureau

The bank offers a saving account with zero opening charges, unlike most of the other bank accounts.


04 October, 2017

Paytm Payments Bank Suffers Rs 30.7 Crore Loss Between August 2016 And March 2017

Outlook Web Bureau

Paytm Founder Vijay Shekhar Sharma holds 51 per cent share in Paytm Payments Bank, while the rest is held by Alibaba-backed One97 Communications.


29 September, 2017

Rush To Install Swipe Machines May Cause Rs 3,800 Crore Loss To Banking Industry: SBI Research

Outlook Web Bureau

After the note-ban last November, the Narendra Modi government has pushed banks into deploying millions of points-of-sale (PoS) machines to encourage online payments. Since then, banks have more than doubled their PoS terminals.


19 September, 2017

Study Says 50 Percent Of Train Tickets Still Purchased In Cash

Outlook Web Bureau

RailYatri, a web-based firm that provides various rail and bus based solutions, conducted the study among 50,000 travellers across 25 cities and consulted around 800 travel agents.


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08 September, 2017

Payment For Alcohol Should Be In Digital Mode, Traders Body Suggests To Government

Outlook Web Bureau

'Any person purchasing liquor from any shop should be made obligatory to make payment through digital mode'


Photo Gallery

BJP workers celebrate the birthday of Union Home Minister and BJP leader Amit Shah, in Bhopal.

PTI Photo

Congress leader Rahul Gandhi with Gujarat PCC leaders during a meeting, in New Delhi.

PTI Photo

President Ram Nath Kovind and First Lady Savita Kovind being presented a memento by Bihar Minister Shahnawaz Hussain during their visit to Khadi Mall in Patna.

PTI Photo

Congress leader Rahul Gandhi with Gujarat PCC leaders during a meeting, in New Delhi.

PTI Photo

Lava flows from a volcano destroying houses at La Laguna neighbourhood on the Canary island of La Palma, Spain. A second tongue of lava is expected to reach the Atlantic today and release more toxic gases into the...

AP/PTI
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