A Secret Your Bank Doesn’t Want You to Know
Banks charging fines for not maintaining the minimum balance is often illegal, and customers can file complaints with the RBI if their accounts go into negative due to such charges.
New Banking Laws Allow up to 4 Nominees per Account and FD
Lok Sabha passed the Banking Laws (Amendment) Bill 2024, simplifying the transfer of funds to nominees and allowing account holders to have up to 4 nominees for their bank accounts & FDs.
Microsoft Global Outage Affects Airlines, Banks and Stock Market
One of the world’s leading IT & Computer companies, Microsoft suffered a global outage causing severe disruptions in IT, banking, stock exchange, and aviation industry.
The New E- Challan Scam in India
MeitY's ISEA issues advisories on fake traffic e-challan scam, alerting public to net banking and identity theft risks.
RBI: All Rs. 2000 Currency Notes Have Not Returned to Banks
As of January 1, 2024, 97.38% of ?2,000 banknotes have returned to the banking system, leaving around ?9,330 crore in public circulation.
260 Banking and Financial Words Added to ISL Dictionary
Indian Supreme Court's Landmark Decision: Granting Interpreter for Deaf Lawyer During Virtual Hearing.
Now Withdraw Cash Using UPI-ATM
The new UPI ATM allows cardless cash withdrawals using QR codes, revolutionizing payment methods in India.
10 Indian Banks Merged Into 4
From today, 1 April,10 Government banks (PSU) will be merged into 4 banks in order to strengthen the Indian banking system.
Banks Had ‘Worst Phase’ Under Manmohan & Rajan
Finance Minister Nirmala Sitharaman has accused former PM Manmohan Singh and Ex-RBI governor for the bad phase of banking during their reign.
Bank Strike Postponed
The bank strike on 26th & 27th September 2019 had everyone worried as it would severely hitbanking facilities and ATMs across the nation. However, citizens can now rest assured knowing that the strike
