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"Indian Idol" Contestant Duped Of Rs.1.7 Lakh, Accused Posed As Banker

Tuesday, March 19, 2019, 10:54 AM

A 22-year-old man was arrested from Jharkhand for allegedly cheating an "Indian Idol" participant of Rs. 1.7 lakh on the pretext of debit card verification by posing as a bank executive, police said. The accused, Rajkumar Jaynarayan Mandal, was arrested by the Sion police with the help of Cyber Cell of the Mumbai police, an official said.
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Paytm Payments Bank launches mobile banking app

Friday, March 15, 2019, 12:45 PM

Paytm Payments Bank has launched a dedicated mobile banking app, in an effort to provide convenience to customers. Launched in 2017, Paytm Payments Bank is claimed to have enrolled over 43-million customers in India. The new Paytm Payments Bank mobile banking app will let users check their balances as well as raise requests for physical debit cards and access their digital debit cards.
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900 cases of net banking fraud reported in Apr-Sep 2018

Wednesday, February 13, 2019, 6:32 PM

Over 900 cases of fraud related to debit/credit cards and internet banking, involving amount of Rs 1 lakh and above, were registered during April-September 2018, Parliament was informed Wednesday. During the year 2015-16, 2016-17, 2017-18, the number of such cases of fraud registered by the RBI stood at 1,191, 1,372 and 2,059 respectively.

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