Wikipedia defines Phishing as a process of attempting to acquire sensitive information such as usernames, passwords and credit card details, by masquerading as a trustworthy entity in an electronic communication. This attempt to acquire info about your bank account is for the purpose of getting into the account and then transferring money to another account, […]

Almost all banks have raised their lending rates by 50 basis points which means a 0.5 percentage increase. If you have credit card loan to pay off, this would mean that you would need to pay an additional .5% in interest to your bank. Usually the interest rate were about 2.5% a month which has […]

Article taken from HT epaper written by B.S. Srinivasalu Reddy. In a positive signal to those who save, the State Bank of India (SBI), India’s largest commercial bank, will raise interest rates on domestic term deposits. Beginning June 1, 2008, the bank will hike interest rates on deposits, with a maturity period of two years […]

You need to be very careful these days while taking out money from an ATM or even while collecting cash at the Teller, someone could be watching your every move. Recently a friend of mine went to collect cash at HDFC bank at Vasant Kunj, New Delhi branch. After she had collected the cash from […]

Getting a loan for almost anything is just a phone call away and that is why you need to be extra careful while even thinking about it, you might just end up paying for it with your life. Even after the Supreme Court has directed banks not to resort to bully tactics for loan recovery, […]