Banks are planning to raise transaction charges to discourage cash transactions after recent demonetization.
A gang of five armed robbers stormed HDFC Bank in Borivli (West) on Monday and made off with Rs 27.5 lakh. The robbery took just five minutes, said the police and shopkeepers in the area. The theft may have been averted had the burglar alarm, which a staff member pressed twice, gone off.
Most of us detest receiving telemarketing calls —be it from a bank or a telecom company executive offering loan products or the latest tariff plan. Last week, it was my turn. The call centre executive, on the call, in his fast-forwarded styled speech went on to inform me about a new model for retirement planning and how he could offer me the best scheme in the industry.