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Helping the public sector banks to maintain regulatory capital requirements and aid in financial growth plans, the government on Wednesday have approved the monetary recapitalisation of Rs 48,239 crores in the current fiscal year.
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Continuing the custom of paying salaries to school teacher through Union Bank of India, the Bombay High Court quashed the need of paying salaries through Mumbai District Co-operative Bank.
As per the reports of Quick Heal Security Labs, a new Android banking malware called 'Android.banker.A9480' is now targetting over 232 banking apps including Indian banks. The Android banking trojan is mainly designed to steal the login ID, password, SMS, contact lists etc and focusing on cryptocurrency apps as well. Over 20 cryptocurrency apps, including Bitcoinium, CoinPayments, and Bitfinex, were affected.
