PSU banks plans closure of 70 overseas offices during this fiscal

According to the data, 159 branches of PSBs are operating in foreign countries, of which 41 branches were in losses in 2016-17.

from Banking/Finance-Industry-The Economic Times https://ift.tt/2LqSYAa

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Switch to chip-based debit cards by Dec 31: SBI to customers

The Reserve Bank on India had asked banks to issue only chip-based and PIN enabled debit and credit cards with an aim to protect customers from frauds. EMV chip card protects against counterfeit (skimming) card fraud. EMV chip card and PIN protects against both counterfeit (skimming) and lost and stolen card fraud.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2wsTeJv

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Finance Ministry ranks PNB as best PSU bank for digital transactions

A central government report has ranked Punjab National Bank (PNB) as the best PSU bank in the overall digital transactions category in India.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2NhVZUY

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Finance Ministry ranks PNB as best PSU bank for digital transactions

A central government report has ranked Punjab National Bank (PNB) as the best PSU bank in the overall digital transactions category in India.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2NhVZUY

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Finance Ministry ranks PNB as best PSU bank for digital transactions

A central government report has ranked Punjab National Bank (PNB) as the best PSU bank in the overall digital transactions category in India.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2NhVZUY

Read more »