A 56-year-old Bank of Baroda general manager lost Rs 4.27 lakh after allegedly downloading an ‘RTO CHALAN.APK’ file sent from his secretary’s hacked phone. Five unauthorised credit card transactions were later detected

During the last financial year alone, banks collected Rs 7,086.63 crore through minimum balance charges. Of this private lenders collected Rs 4,948.71 crore, more than double of Rs 2,137.92 crore collected by PSBs