by AIP Online Bureau | Aug 1, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
The attack had affected C-Edge Technologies, a technology service provider to the banks. India has about 1,500 cooperative and rural regional banks, which largely serve customers in hinterland areas, one-fifth of which were affected by the attack MUMBAI: Nearly 300...
by AIP Online Bureau | Jul 31, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management, Technology
The attack affected C-Edge Technologies, a provider of banking technology systems to small banks across the country, they said MUMBAI: A ransomware attack on a technology service provider has forced payment systems across nearly 300 small Indian local banks to shut...
by AIP Online Bureau | Mar 24, 2022 | Banking & Bancassurance, Data, Eco/Invest/Demography
Outstanding non-food credit growth moderated from an already low 6.1 per cent in March 2020 to 5.5 per cent in March 2021 as the pandemic shock hit the economy The share of non-banks in the commercial credit has more than doubled to 44 per cent while that of foreign...
