Public Sector Bank

Farm, SME stress add to Private Sector Bank woes

Rising defaults from the farm sector and stress from small and medium enterprises (SMEs) have added to the woes of private sector lenders which were already reeling under the rising non-performing assets (NPAs) from infrastructure linked sectors.  Results released last week showed that HDFC Bank's NPAs had risen to the highest in seven years due to slippages linked to the […]

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How to survive a bank data security breach

RBI has assured customers that they have no liability if a fraud happens due to banks’ systemic failures. Still, you have to take precautions to protect your sensitive data In the last few weeks, multiple instances of data breaches, especially in debit and automated teller machine (ATM) cards, have surfaced. Banks have described these instances as cyber data breaches and […]

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