04 October 2019
The RBI has announced the set-up of an “Acceptance Development Fund” in consultation with the stakeholders. The ADF is being created to...
20 September 2019
The Reserve Bank of India (RBI) has asked all pension-paying banks to compensate pensioners, at a fixed rate of 8% per annum for delay in credit of...
14 September 2019
Starting 1 October, the State Bank of India will revise service charges for deposits and withdrawal which will encompass cash withdrawal, average...
05 September 2019
Federal Bank on Saturday announced that it will link its savings deposit rate to external benchmarks, becoming the first private sector lender to...
03 September 2019
A consumer forum directed HDFC Bank to pay ₹5 lakh as compensation after it misplaced original property documents which a couple had deposited...
31 August 2019
Despite the Reserve Bank supporting banks in their resistance to using external benchmarks for floating rate loans, one by one, more and more banks...
23 August 2019
The Real Time Gross Settlement System (RTGS), which is now available for customer transactions from 0800 hours to 1800 hours, will now be available...
16 August 2019
The Reserve Bank of India (RBI) on Wednesday clarified that those transactions which fail on account of technical and other specified reasons shall...
07 August 2019
Users of payment app BHIM will be able to access and operate multiple bank accounts in the next version of the platform planned to be launched by...
