If you are paying a personal/home loan or doing SIPs, shift ECS mandate to another bank. It just might make sense to have one account with a nationalised bank
All the findings in this report are based on transactions held on the Razorpay platform from January 2018 to December 2019
The option to switch on and off international or online usage gives an additional layer of security
The bank has apologised on Twitter and assured customers that the problem will be resolved soon
Data from RBI shows that value of transactions via cheques as a proportion to the total number of transactions has come down to 3%
Banks also need to ensure to provide customers with secured access to mobile & online services
Number of frauds related to credit cards saw a 23.5 per cent decline to 7,751 cases in 2016