Lockdown: ICICI Bank launches banking services on WhatsApp

ICICI Bank announced the launch of banking services on WhatsApp to enable its retail customers to undertake a slew of banking requirements from their...

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Relief to Borrowers, RBI allows lenders to provide 3-month moratorium on loans

The Reserve Bank of India (RBI) sought to cushion both borrowers and lenders against the unprecedented disruption engendered by the Covid-19...

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Paytm Bank to issue Visa virtual debit cards to its customers

Paytm Payments Bank Ltd announced on Wednesday it will now start issuing Visa virtual debit cards to its customers, reports The Economic Times.

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No plan to withdraw Rs 2,000 notes: Anurag Thakur

Amid speculation that Centre may be veering around to discontinue high value notes from circulation, Minister of State for Finance Anurag Thakur has...

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SC quashes RBI’s curb on trade in cryptocurrency

The Supreme Court struck down the curb on cryptocurrency trade in India, ETNow reported quoting agencies.

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India’s Declining Savings Rate Increases Worries for the Economy

India’s savings rate touched a 15-year low, with household savings also falling. This has weakened India’s macro-economic position which...

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RBI to Increase Scrutiny of Co-operative Banks after PMC Bank Incident

The Union Cabinet on Wednesday approved an amendment to the Banking Regulation Act to bring multi-state cooperative banks under the watch of the...

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Cheque clearing to become safer, faster with pan-India CTS

Those who use cheques can expect clearing to become faster and safer across the country with the Reserve Bank of India (RBI) now planning to...

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Budget Announces Increase in Insurance Cover on Bank Deposits to Rs5 lakh

In the Union Budget 2020-21, the government raised the insurance cover on bank deposits by five-fold, providing comfort to millions of citizens who...

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ICICI Bank introduces ‘Cardless Cash Withdrawal’ through ATM using ‘iMobile’

ICICI Bank announced the launch of a ‘Cardless Cash Withdrawal’ facility from its ATMs. This service enables customers to withdraw cash...

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