Reliance Capital ties up with Indian Overseas Bank
September 13th, 2012 - 6:00 pm ICT by IANS
Chennai, Sep 13 (IANS) Reliance Capital Asset Management, a unit of Anil Ambani-led Reliance Capital, said Thursday it has entered into distribution tie-up with the public sector lender Indian Overseas ... Read more...
Posted in Business |
ICICI Bank organises customer outreach programme in Leh
July 23rd, 2012 - 10:51 pm ICT by IANS
Jammu, July 23 (IANS) In its bid to reach out to people in the remote area of Ladakh region, the private sector ICICI Bank organised a programme to bring banking ... Read more...
Posted in Business |
Masked men shoot bank cashier, loot Rs.1 million
March 28th, 2012 - 8:33 pm ICT by IANS
Raipur, March 28 (IANS) Four masked men shot dead a bank cashier in full public view in Chhattisgarh Wednesday and fled with his bag containing Rs.1 million, police said.The ... Read more...
Posted in Uncategorized |
Banks to be held responsible for fake notes in ATMs
January 27th, 2012 - 8:50 pm ICT by IANS
Chennai, Jan 27 (IANS) Banks are responsible for any fake notes dispensed by their automatic teller machines (ATMs) and should compensate customers for the loss when fraudsters withdraw money from ... Read more...
Posted in Business |
Bank union threatens one-day strike in March
January 18th, 2012 - 11:12 pm ICT by IANS
Kolkata, Jan 18 (IANS) A bank employees union threatened to stage a one-day strike in public sector banks in March across the country if the central government does not accept ... Read more...
Posted in Business |
Robbers decamp with Rs.8 lakh in daring bank heist
April 11th, 2011 - 2:52 pm ICT by IANS
Jalgaon (Maharashtra), April 11 (IANS) In a daring daylight heist, armed robbers struck at a Central Bank of India branch here, decamping with around Rs.830,000 in cash after shooting at ... Read more...
Posted in Uncategorized |
ICICI Bank customers can now withdraw cash at shops
January 18th, 2011 - 8:31 pm ICT by IANS
Mumbai, Jan 18 (IANS) The country's largest private bank ICICI Tuesday said its customers would be able to withdraw cash using debit cards at approved merchant establishments even if they choose not ... Read more...
Posted in Business |
Net widens on alleged Rs.300 crore Citibank fraud case (Roundup)
January 5th, 2011 - 7:56 pm ICT by IANS
Gurgaon, Jan 5 (IANS) The Hero group Wednesday said two more of its executives may have been involved in the Rs.300-crore Citibank scam even as the businessman who charged the bank's global ... Read more...
Posted in Business |
Overdraft bank charges soar to 19%
December 8th, 2010 - 12:23 am ICT by Aishwarya Bhatt
London, Dec 7 (THAINDIAN NEWS) The new rates released by the Bank of England indicates that bank customers will now have to pay 19% for overdraft. The rate is unprecedented in the ... Read more...
Posted in Business |
Bank Of America And Visa To Start Mobile Payment Program
August 28th, 2010 - 7:41 pm ICT by GD
By Ranjan Bhaduri
Aug 28, (THAINDIAN NEWS) Visa- which is the biggest payment processor in the world is starting a test program in collaboration with USA's largest bank, Bank of America which will ... Read more...
Posted in Business, Technology Industry News |
Rs.15 lakh looted from Bengal bank
July 23rd, 2010 - 7:44 pm ICT by IANS
Kolkata, July 23 (IANS) Six dacoits posing as customers looted Rs.15 lakh at gunpoint from the Anandapur branch of the Bank of Baroda in West Bengal's North 24 Parganas district Friday.
The ... Read more...
Posted in Uncategorized |
Fake ATM dupes bank customers in China
June 24th, 2010 - 6:43 pm ICT by ANI
Melbourne, June 24 (ANI): Thieves in China have come up with an innovative method of looting people. They set up a fake ATM to record banking details of unsuspecting customers and then ... Read more...
Posted in World |
‘Too sexy to work’ ex-Citi banker now mesmerizes Chase Bank customers!
June 11th, 2010 - 1:09 pm ICT by ANI
New York, June 11 (ANI): Workers and customers at JP Morgan Chase are rooting for sexy banker Debrahlee Lorenzana, saying that she better not be fired from new job."They better not fire ... Read more...
Posted in World |
Three men held for cheating
May 19th, 2010 - 6:49 pm ICT by IANS
New Delhi, May 19 (IANS) Police here Wednesday claimed to have busted an inter-state gang of cheaters with the arrest of three men in the Shadipur Depot area of west Delhi.
"Three men ... Read more...
Posted in Uncategorized |
Hyderabad-based BPO to use `cheap’ prison labour to process bank work
May 13th, 2010 - 1:00 pm ICT by ANI
Mumbai, May 13 (ANI): In what has been billed as "a unique public-private experiment", an Indian outsourcing company that claims Royal Bank of Scotland and Goldman Sachs as its clients, is to ... Read more...
Posted in Business |
Romanian national convicted within ATM “skimming” scheme in Connecticut
March 11th, 2010 - 4:20 am ICT by BNO News
NEW HAVEN, CONNECTICUT (BNO NEWS) – A Romanian national was convicted for participating in a plot that “skimmed” ATM machines, resulting in thousands of dollars being lost, prosecutors said Wednesday.Victor Vasile Constantin, ... Read more...
Posted in World News |
High value cheque clearing to end in Madhya Pradesh
February 18th, 2010 - 7:43 pm ICT by IANS
Bhopal, Feb 18 (IANS) Bank clearing houses in Madhya Pradesh will discontinue high value clearing operations for cheques by the end of this financial year to encourage the use of more efficient ... Read more...
Posted in Business |
Armed man takes a hostage in a Nebraska bank
February 11th, 2010 - 2:15 am ICT by Aishwarya Bhatt
Kearney, Feb 10 (THAINDIAN NEWS) There is a hostage situation at the Wells Fargo Bank in Nebraska. An armed man has held a woman inside the bank as a hostage, by holding ... Read more...
Posted in World News |
New Orleans banker sentenced after embezzling over $175,000
February 5th, 2010 - 3:08 pm ICT by BNO News
NEW ORLEANS (BNO NEWS) – A Louisiana Banker on Thursday was sentenced to federal prison for embezzling more than $175,000, prosecutors said.Jeremy J. Rayburn, 35, was sentenced in federal court to 18 ... Read more...
Posted in Business |
Five arrested for cheating bank customers
January 18th, 2010 - 12:57 am ICT by IANS
New Delhi, Jan 17 (IANS) Delhi Police have arrested five people, including two employees of a private bank and an aspiring model, for allegedly cheating people by withdrawing nearly two Rs.2 million ... Read more...
Posted in Uncategorized |
Robber targeting bank customers arrested
July 19th, 2009 - 9:54 pm ICT by IANS
New Delhi, July 19 (IANS) Delhi Police have arrested a 31-year-old man who allegedly led a gang involved in robbing people withdrawing money from banks in south Delhi area in 2005 ... Read more...
Posted in Uncategorized |
Compensate for delay to re-credit failed ATM transaction: RBI
July 18th, 2009 - 5:00 pm ICT by IANS
New Delhi, July 18 (IANS) India's central bank Reserve Bank of India (RBI) has asked banks to pay account holders a compensation of Rs.100 per day if they delay in re-crediting the ... Read more...
Posted in Business |
FBI uncovers nine million dollar ATM scam
February 4th, 2009 - 5:29 pm ICT by ANI
Washington, Feb 4 (ANI): Hackers orchestrated a highly coordinated, global attack on ATM cards involving the theft of a staggering nine million dollar from bank customers, and they could strike again.Customers ... Read more...
Posted in World |
Now, a battery-powered credit supercard that fights online fraud
November 12th, 2008 - 4:13 pm ICT by ANI
Melbourne, Nov 12 (ANI): An Australian technology firm has come up with a unique battery power super card, which they believe can fight online fraud.The company reckons that it can stop ... Read more...
Posted in National |
Mashreq Bank’s new package to help expatriates in UAE
July 30th, 2008 - 5:32 pm ICT by IANS
Dubai, July 30(IANS) The United Arab Emirates (UAE)-based Mashreq Bank Wednesday launched a new product aimed at helping expatriates coming to this country to settle down quickly. Called 'On Arrival Package', customers ... Read more...
Posted in World |
Now, pay LIC premium through mobile phone
May 8th, 2008 - 10:00 pm ICT by admin
Mumbai, March 8 (IANS) The Life Insurance Corporation of India (LIC) has tied up with Corporation Bank to enable the bank's debit card holders pay the LIC policy premium using a mobile ... Read more...
Posted in Business |
Robbers loot Rs.3.4 mn from bank van, injure guard
April 17th, 2008 - 12:16 am ICT by admin
New Delhi, April 16 (IANS) Two men waylaid a van belonging to a cooperative bank in west Delhi and looted Rs.3.4 million kept inside after shooting at the security guard Wednesday. The ... Read more...
Posted in Uncategorized |