08 November 2019
In its latest press release titled, ‘Furthering Digital Payments’, the Reserve Bank of India has directed all banks to stop charging...
18 October 2019
A district consumer forum from Telangana has ordered ICICI bank to pay Rs 55,000 to a consumer for failing to inform him about resetting of rate of...
04 October 2019
The RBI Governor Mr Shaktikanta Das today said that the RBI would take prompt corrective action wherever appropriate.
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...
