Tag: #bank

JP Morgan Follows Suit Amid the Global Layoffs by different establishments JP Morgan Chase & Co has allegedly laid off hundreds of employees within less than a...

The money was stolen from a car of Nihon Trust Bank driven by 4 employees carrying over 300 million yen. The payment was being carried to be distributed among the 600 Toshiba employees as a bonus.

After Demonetization, people considered banks as a safe place to keep their hard-earned money. Millions of Indians deposited their life-time savings and then a new chapter of bank fraud came into existence.

Switzerland's government has revealed a dozen dormant Swiss bank accounts that belong to Indians having funds lying with the risk to get liquefied and getting transferred to Switzerland government.

even the so-called safest sector –banking has also fallen prey to this breach many times leaving millions of people losing their hard-earned money and affecting our already slow-growing economy.

New Delhi: About 13 lakh Indian bank customers' debit and credit cards data is being reported stolen. Cyber criminals have put this data on Dark Web  for sale for around $ 130 million. According to ZD Net, the information for these payment cards is available on the Joker Stash. Joker's Stash is one of the oldest card shops on the Dark Web. Cards Web is a place where a large number of hackers sell details of cards.

Bank FD is considered as the most preferred investment instrument to invest your hard-earned money as it is considered safer as compared to investments in mutual funds. Recently after the Reserve Bank of India (RBI) cut the repo rate in its Monetary Policy Review meet, all top lenders including the State Bank of India, ICICI Bank, HDFC Bank, Axis Bank, and others started cutting down their FD rates. The time limit for FD's is from 7 days to 7 years.