Fri, Dec 01, 2023
Consequently, while it becomes more expensive for financial institutions to lend in these segments, the borrower will also have to bear the brunt of higher interest rates.
Sat, Nov 25, 2023
The auctions, scheduled for December 1, will be facilitated by the Reserve Bank of India (RBI) at its Mumbai Office.
Fri, Nov 24, 2023
SBI Card share price: The brokerage firm InCredit Equities pointed out in its report that while private banks will see an impact of around 5 per cent of the net loans, SBI Card will see a 100 per cent impact.
Thu, Jan 16, 2020
RBI has restricted banks from issuing contactless debit cards and credit cards by default to all the card users.
Tue, Jan 14, 2020
The Reserve Bank of India has imposed restrictions on Sri Guru Raghavendra Sahakara Bank of Bengaluru. The holder of this bank has been imposed with a withdrawal limit of Rs 35,000. The bank has also been restricted from disbursing any loans, making any investment or incurring any liability including borrowing of funds and acceptance of fresh deposits.
In some very bad news for bank account holders, RBI has ordered that no more than Rs 35,000 of the total balance can be withdrawn henceforth. Yes, the customers of Sri Gururaghavendra Sahakara Bank Niyamitha, Bengaluru, Karnataka will not be able to withdraw more than Rs 35,000 from their savings bank or current account or any other deposit account!
Mon, Jan 13, 2020
In this segment of Aapki Khabar Aapka Fayda, our experts will tell you how to save yourself from bank frauds.
#ZeeBusiness #AapkiKhabarAapkaFayda #BankFraud
Fri, Jan 10, 2020
The Reserve Bank of India has decided to permit video-based KYC (Know Your Customer) as an option to establish a customer’s identity. For banks, non-banking financial companies, wallet service providers and other financial entities regulated by the central bank, this is expected to come as a huge relief as remote customer authentication, as opposed to physically onboarding customers, will help to save costs.
#KYC #RBI #ZeeBusiness
It's a major push for PM Narendra Modi's ambitious Digital India project as the Reserve Bank of India (RBI) has taken an important decision with respect to KYC.
Fri, Dec 27, 2019
Do you have debit or credit cards with the old magnetic strip? Replace them ASAP! They will not work after 31st December, 2019.
Bank Holidays 2020: New Year is here and it's time to have a fresh start. And, what could be better than planning your finances and managing your bank accounts. However, at the same time, it is also important to know on which dates banks will remain closed.
Thu, Dec 26, 2019
PPIs are financial instruments that facilitate the purchase of goods and services against the value stored on such instruments.
Wed, Dec 25, 2019
Outlook 2020: 2019 was a tricky year for the Indian economy which is currently going through a tough phase with GDP growth at 4.5 per cent. The tension between United States and China even led to global concerns as we head into a new year, certain measures will be need to trigger the revival.
Banks` exposure to sensitive sectors that comprise capital market, real estate and commodities edged up to 23.5 per cent of total loans and advances during 2018-19, a RBI report on India`s banking sector released on Tuesday said.
Wed, Dec 18, 2019
According to the RBI reports, Banking ombudsman has resolved about 94% of bank complaints.
Over the last few days, there are several messages and reports doing the rounds, claiming that the Reserve Bank of India or RBI is set to take back all the Rs 2,000 notes. However, all of these reports are fake and you are advised not to panic because of them.
Mon, Dec 16, 2019
In July, the RBI had waived off all charges on fund transfer through NEFT and RTGS and had also asked banks to pass on the benefits to the customers. Most of the banks like the ICICI Bank, State Bank of India (SBI) and HDFC Bank do not charge anything for online NEFT transfers.
Sat, Dec 14, 2019
In a major development, the Reserve Bank of India (RBI) has decided to provide an additional collateralised intra-day liquidity facility for smooth operation of payment system National Electronic Funds Transfer (NEFT) on a round-the-clock basis from December 16.
Thu, Dec 12, 2019
Reserve Bank central board meeting is going to take place in Bhubaneswar on December 13. The focus of the meeting will be real estate and NBFC's.
Sat, Dec 07, 2019
NEFT Payment Date, Timings, Latest Rules Update: Do you use National Electronic Funds Transfer (NEFT) system to electronically transfer funds from one account to another? If yes, here is good news for you!
Fri, Dec 06, 2019
A small finance bank undertakes basic banking activities of accepting deposits and lending to unserved and underserved sections, including small business units, small and marginal farmers, micro and small industries and unorganised sector entities.
RBI proposes changes in the Banking Regulations Act. To know more watch the video
Right from assuming PM office, Narendra Modi laid heavy emphasis on making India a Digital and Cashless Economy.
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