Tue, Apr 23, 2024
The eligible depositors will be entitled to receive a deposit insurance claim amount of his/her deposits up to Rs 5 lakh only from the Deposit Insurance and Credit Guarantee Corporation (DICGC).
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Thu, Apr 04, 2024
Bandhan Bank said its loans and advances have clocked Rs 1.28 lakh crore at the end of the fourth quarter of the 2023-24 fiscal, registering a 17.8 per cent growth year-on-year.
Tue, Feb 20, 2024
Analysts at Anand Rathi also pointed out that loan growth was faster in old private banks in comparison to public sector banks, though slightly slower than private banks.
Tue, Jun 30, 2020
SBI Alert! In a bid to enable walk-in customers to adopt digital banking, the State Bank of India (SBI) launched state-of-the-art ‘YONO Branches’ on the eve of the 65th anniversary of its Foundation Day.
During the Coronavirus lockdown, various Indian banks had announced exemption from maintaining the minimum balance limit in one's savings account.
Mon, Jun 29, 2020
In view of the ongoing economic woes created by Covid-19 pandemic, the Reserve Bank has decided to extend the enhanced borrowing facility provided to the banks to meet their liquidity shortages till September 30.
From this 1st July, many banking services, rules and even charges are going to change
Fri, Jun 26, 2020
In what may come as a much-needed relief to banks, the Reserve Bank of India (RBI) may allow one-time loan restructuring. Though the banking regulator has not been in favour of this move till now, it may give some leeway to the banks amid the coronavirus pandemic. Zee Business Managing Editor Anil Singhvi explains what it means to investors
Thu, Jun 25, 2020
The reactions were quick to come. A viewer from Rajasthan, Mayank, thanked Zee Business for running the Hafta Vasooli campaign, forcing RBI to take such action. Mayank also thanked Singhvi profusely
HDFC Bank Moratorium: The Reserve Bank of India (RBI) has announced an additional three-month increase of the EMI moratorium that means one can get this RBI facility till August 2020 now.
ICICI Bank today announced the launch of a facility that empowers retail customers to complete the KYC process, which is required to open a new relationship with the Bank, through video interaction.
After Zee Business exposed wrongdoings by app-based small lending firms in its Operation Hafta Vasooli programme, RBI has launched strong action against those who do not treat borrowers fairly.
Wed, Jun 24, 2020
The Union Cabinet chaired by Prime Minister Narendra Modi today approved a scheme for interest subvention of 2 per cent, to all Shishu loan accounts under Pradhan Mantri Mudra Yojana to eligible borrowers.
Tue, Jun 23, 2020
In an exclusive report by Zee Business, the Government of India (GoI) has asked SBI and other PSU banks to enter the gold loan business.
Bank ATM cash withdrawal rules are going to change from 1st July. This is because norms that were relaxed during lockdown are going to be tightened - the deadline is 30th June 2020.
ICICI Bank has launched the facility that empowers customers to get instant sanction letter for education loans up to Rs 1 crore to finance higher studies for themselves or their children.
Sun, Jun 21, 2020
India's largest lender, SBI is upgrading its existing work-from-home policy to work-from-anywhere, as it gears up to adjust to the new challenges posed by COVID-19.
The decision was taken at the board of directors meeting held on June 20, 2020, HDFC Bank said in a regulatory filing.
Fri, Jun 19, 2020
Finance Minister Nirmala Sitharaman has said that the Narendra Modi Government is closely monitoring transmission of repo rate cuts by the banking sector and recognising efforts in scripting India’s growth story.
Jan Dhan Yojana: The Pradhan Mantri Jan Dhan Yojana (PMJDY) is one of the most ambitious financial inclusion programmes being launched by the Narendra Modi Government.
Thu, Jun 18, 2020
ICICI Home Finance (ICICI HFC) has launched SARAL – an Affordable Housing Loan, aimed to fund homes in urban and rural areas.
Taking cognizance of the Punjab National Bank (PNB) purchase of Audi cars for its three directors, the Finance Ministry has directed public sector banks to follow strict austerity measures.
HDFC Bank has emerged as the only Indian bank to be awarded ‘Great Place to Work’ certification by Great Place to Work Institute.
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