Reserve Bank of India has launched a booklet named "BE(A)WARE" which features common modus operandi used by fraudsters and precautions to be taken while carrying out various financial transactions.
The State Bank of India (SBI) will set up an Innovation, Incubation and Acceleration Centre (IIAC) at Hyderabad, Telangana which will be operational in six to nine months of on-boarding a consultant.