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'Online bank a/cs inaccessible to many due to defunct credentials'

Mint Mumbai

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September 14, 2023

Several individuals across India are unable to access their bank accounts online for reasons ranging from defunct user credentials to account turning dormant, with the system of resuscitating it an arduous process, a survey has found.

'Online bank a/cs inaccessible to many due to defunct credentials'

Community social media platform LocalCircles said after issues were reported by banking consumers over 18 months, it conducted a survey to understand the type and magnitude of difficulties faced by consumers. It received 31,000 responses from 14,502 citizens and the platform said 44% respondents were from tier one, 34% from tier

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Beyond the stock slump-Kaynes' $1 bn aim is just the start

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It's a multi-horse Street race now as Smids muscle in

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Telecom firms flag hurdles in data privacy compliance

Operators need to comply with the data protection norms within 12-18 months

time to read

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