With rising disposable incomes, more and more Indians are accessing banking, insurance and mutual funds, among others
According to the latest RBI report, card and internet frauds, more than doubled to INR 195 crore in 2019-20 from the previous year
This year, Religare has reported having faced data leakage of 5 Mn customers and employees
Notwithstanding the recent headwinds from Covid-19, India’s largely consistent economic growth for more than a decade has precipitated an unprecedented expansion of financial services in the country. With rising disposable incomes, more and more Indians are accessing banking, insurance and mutual funds, among others.
The advent and penetration of the internet has much simplified these daily financial tasks. However, in an era of the inter-connected world of devices with cyber technology at its core, lack of awareness as well as the prevalence of…