FORGOTTEN HISTORY: State bank of india | History Defined

AU Small Finance Bank data leak: Salesforce says no vulnerability at its end

Salesforce has stated no vulnerabilities were found concerning a suspected data leak at AU Small Finance Bank. The bank is investigating claims of a breach by hackers, affecting sensitive customer data. Reportedly compromised information includes KYC records and personal identification documents, while the bank assures its core systems are unaffected.…

The Economic Times · 5h ago

Up to Rs 5.52 lakh interest on Rs 10 lakh investment: 5-year senior citizen FDs offering up to 8.50% rates

HIghest FD interest rate: Many senior citizens seek stable revenue through fixed deposits to support their daily expenses. Small finance banks typically offer higher interest rates than public sector banks for these deposits. Senior citizens should carefully compare options before making investment decisions.

The Economic Times · 10h ago

45.6% of Indian households use digital channels for at least one purchase: Report

Around 45.6 percent of Indian households currently utilize online shopping and digital payments for various purchases. Despite this growth, 54.4 percent still prefer traditional payment methods for their transactions. Digital adoption varies significantly across categories, with consumables and services leading at 39.68 percent. The report shows that higher Monthly Per…

The Economic Times · Oct 30

Mcap of 8 of top-10 firms erodes by Rs 1.55 lakh cr; HDFC Bank, Bajaj Fin biggest laggards

Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj Finance were particularly striking. The BSE Sensex plummeted by 1,605.44 points, indicating a bearish atmosphere across equities. While Tata Consultancy Services and Larsen & Toubro…

The Economic Times · Oct 25

RBI alert about AI-driven cyber risks, banks taking steps to plug vulnerabilities: Governor

RBI Governor Sanjay Malhotra highlighted concerns regarding emerging cyber threats from artificial intelligence in banking systems. Measures are being implemented by banks and the RBI to secure IT infrastructure against these risks. The State Bank of India acknowledged potential data exposure, prompting increased vigilance for customer protection. Malhotra expressed confidence…

The Economic Times · Oct 23

SBI data leak scare: Bank contacts affected customers. Is your money safe?

State Bank of India has begun notifying customers potentially affected by a recent cyber incident. The bank assured customers that their account balances and funds remain secure throughout the investigation. Alerts were received about the data exposure from cybersecurity agencies, prompting immediate action by the bank. A total of 3,897…

The Economic Times · Oct 23

Retired bank employee claims tax exemption on Rs 9.53 lakh leave encashment, faces income tax notice and wins full relief at ITAT Jaipur

After retiring from the State Bank of India, Chhaju found himself facing a tax exemption cap of Rs 3 lakh on his leave encashment totaling Rs 9.53 lakh. Determined to secure his rightful benefits, he appealed to the ITAT Jaipur, which sided with him and extended full tax exemption. The…

The Economic Times · Oct 23

From eMudhra to PHP: Breach spree hits tech infrastructure, AI emerges as threat multiplier

Recent cybersecurity incidents have raised concerns among companies and government agencies regarding digital certificates and critical software vulnerabilities. A security breach at eMudhra impacted its global digital certificate business but was managed promptly. Additionally, critical vulnerabilities in PHP temporarily led to the shutdown of various websites for security updates. A…

The Economic Times · Oct 22

Data Breach in India Exposes Customer Names, Addresses and Loan Records on Dark Web

State Bank of India says 3,897 customer records containing personal information were identified in suspected dark-web data, while an independent agency investigates the exposure.

International Business Times UK · Oct 21

SBI cyber attack update: State Bank of India says customer balances are completely safe despite data leak

The State Bank of India has acknowledged a recent data breach that resulted in the exposure of limited customer information. Assuring its clients, the bank confirmed that financial assets remain secure.

The Economic Times · Oct 21