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NEW Loan Products: LAUNCHED! SBI, IBA announce support measures by all Public Sector Banks to mitigate impact of Covid 19
Sun, May 30, 2021
Support measures and launch of new loan products by all Public Sector Banks to mitigate the impact due to resurgence of Covid pandemic. Here are all the details:-
Banks to remain closed for THESE DAYS in the month of June - check full list here
Thu, May 27, 2021
People must note that the banks will remain closed for seven days in the month of June in certain cities and states.
RBI circular on appointment of bank, NBFC auditors: Important development! Here is why CII wants review
Sun, May 23, 2021
The Reserve Bank in its circular on April 27, 2021 imposed various restrictions on appointment of auditors by banks and NBFCs and prescribed a cooling off period for re-appointment.
Exclusive: Loan disbursal to healthcare sector: RBI decides THIS on according priority sector lending status to banks
Sat, May 22, 2021
The Reserve Bank of India (RBI) is likely to come up with official notification about priority sector status to banks on loan disbursal to healthcare sector. Banks had urged RBI to give priority sector lending status to the loans, which will be granted to the healthcare sector, informed Zee Business correspondent Brajesh K Mishra.
IMPORTANT - Bank account holders ALERT! Banking hours changed, check details here
Thu, May 20, 2021
Amid the ongoing second wave of coronavirus pandemic in the nation, there is an important update for the bank customers. The banking hours at both the public and private lenders have been changed after the direction from Indian Banks’ Association (IBA).
Bank Holidays in May 2021: Banking services to remain shut for these 3 days - CHECK FULL LIST here
Mon, May 10, 2021
Like every month, in May also there are certain holidays for banks. The Reserve bank of India (RBI) releases a list of holidays for the banks, every year. All the banking operations remain completely shut for the customers on these days.
Account holders of this bank have a good news from RBI - All you need to know
Tue, Apr 06, 2021
If you are an account holder of Youth Development Co-operative Bank Ltd, Kolhapur, here is a good news or at least a relief from RBI!
SBI Clerk 1st waiting list 2020-2021 result: Marks of candidates released for clerk recruitment
Thu, Apr 01, 2021
The State Bank of India (SBI) has released the marks for the candidates who were included in the first waiting list of selected candidates under the selection process for the recruitment of Junior Associates (Customer Support and Sales) in the clerical cadre.
Coming soon! Faster settlement of cheque payments - Better customer service! Check what RBI asked your bank
Tue, Mar 16, 2021
In a major development, the Reserve Bank of India (RBI) has asked banks to implement the image-based Cheque Truncation System (CTS) in all branches by September 30.
Public Sector Banks Privatisation News: Big confirmation by Modi government - Check latest news update
Tue, Feb 02, 2021
In a big development, government proposed to privatise two public sector banks (PSBs) and one general insurance company in the next financial year.
Your bank not listening to complaints? Now, THEY WILL HAVE TO - Here is why!
Thu, Jan 28, 2021
Does your bank not pay any attention to your complaints? Now, all this might come to an end. Here is why!
Bank Holiday Calendar 2021: Check full list of bank holidays in India, to ensure your money life is not impacted
Fri, Dec 25, 2020
Bank Holiday Calendar 2021: Everyone has banking needs and we often have to frequent banks for various regions, ranging from opening bank accounts, transferring money to updating our KYC details.
Loan EMI Moratorium Latest News Today: Rs 6 lakh crore-Blanket interest waiver! What Modi government informed Supreme Court - FULL DETAILS
Wed, Dec 09, 2020
Loan EMI Moratorium Latest News Today: It's an important development for those who have taken loans.
Covid 19 effect! Banks not to make any dividend payments for financial year 2020? Check this latest development from RBI
Sun, Dec 06, 2020
The Reserve Bank of India (RBI) has asked banks to conserve capital and not make any dividend payments for financial year 2020.
MSMEs alert! Instant digital HASSLE-FREE microloans to small businesses - Here is how
Wed, Dec 02, 2020
It's good news in terms of instant microloans for those MSMEs that are unable to access financial services from traditional banking players.
Soon, large corporates may be permitted to promote banks! Check key recommendations of RBI panel
Mon, Nov 23, 2020
The cap on promoters’ stake in the long run (15 years) may be raised from the current level of 15 per cent to 26 per cent of the paid-up voting equity share capital of the bank.
No bank service charge on these accounts! CONFUSION CLEARED - Ministry of Finance says this - READ FULL STATEMENT
Tue, Nov 03, 2020
In a major development, Ministry of Finance has issued an official statement on the 'factual position in respect to Service Charges levied by banks'."
Big decision by RBI for cheque payments over Rs 50k! Bank account holders must know about this new positive pay system
Mon, Sep 28, 2020
In order to check banking fraud, the Reserve Bank of India has decided to introduce from January 1, 2021, the 'positive pay system' for cheques.
To check banking fraud, RBI decides to do this - What you as bank account holder must know
Sun, Sep 27, 2020
In order to check banking fraud, the Reserve Bank of India has decided to introduce from January 1, 2021, the 'positive pay system' for cheque.
Emergency Credit Line Guarantee Scheme: Banks sanction Rs 1.63 lakh cr to MSMEs, other eligible businesses
Sun, Sep 13, 2020
Out of the total sanctioned amount over Rs 1.18 lakh crore has been disbursed.