SBI Cuts Interest Rates on Savings Accounts and FDs from June 15
Senior citizens to feel the pinch as deposit returns dip after RBI’s repo rate cut India’s largest public sector bank, State...
Banking
Major Relief for Bank Customers: RBI Eases KYC Update Process via Banking Correspondents
New rules simplify periodic KYC updates; banks must issue advance notices to customers In a major move aimed at making...
Now Fast-Tracking of Cheque Bounce Cases to Restore Faith in Transactions as per Order
New directions aim to ease burden on Magistrate Courts and restore public faith in cheque-based transactions In response to the...
Bank Employee Scams Customers of ₹4.58 Crore: Six Ways to Safeguard Your Finances
In a troubling reminder of growing financial fraud, a major case has emerged from Kota, Rajasthan, where a bank employee...
PNB, Bank of India, UCO Bank slash lending rates after RBI repo cut
Mumbai, June 8 (IANS) - Several major banks, including Punjab National Bank (PNB), Bank of India and UCO Bank, have...
SBI and 4 Major Banks to Form New Company for Easy Loan Recovery
New company to focus on small loan recovery for retail and MSMEs; work expected to begin this financial year In...
Missing Valuables in Bank Locker? Here’s When the Bank Is Liable and What Customers Should Know
Imagine opening your bank locker only to discover that something valuable is missing. That’s exactly what happened to a woman...
How ₹1.5 Lakh/Year in PPF Can Give You ₹1 Lakh/Month Tax-Free – Here’s the Simple Math
The Public Provident Fund (PPF) is a safe and guaranteed way to save money. It is backed by the Government...
₹5.88 Crore in Fake ₹500 Notes Detected in FY25: RBI Report
The Reserve Bank of India (RBI) has reported a sharp increase in counterfeit currency, particularly in high-denomination notes, for the...
PPF Investment: Earn ₹1.33 Crore in 20 Years with This Government-Backed Scheme—Know How
If you're seeking a safe, risk-free way to build wealth for the future, the Public Provident Fund (PPF) scheme offers...
RBI Rolls Out Fresh Rs 20 Notes With New Governor’s Signature – Here’s What You Need to Know
The Reserve Bank of India (RBI) has announced the issuance of freshly printed Rs 20 banknotes as part of the...
Home Loans Now Below 8%: Public Sector Banks Lead as RBI’s Rate Cut Spurs Affordable Housing
With rates dipping below 8%, public sector banks are leading the way in passing on RBI's repo rate cut, private...
India’s largest bank in its biggest expansion in 10 years! SBI to Recruit 18,000, Including 3,000 POs, in FY26
Biggest Drive In 10 Years With 18,000 Openings In a major hiring spree, the largest in a decade, the State...
₹500 Note to Be Discontinued? Viral Claims Raise Concerns — Know the Truth Behind RBI’s ATM Guidelines and Currency Strategy
Mumbai | May 6, 2025 — The Reserve Bank of India (RBI) has issued instructions to all banks across the...
Important Update if You Have an Account in any of These Banks, Massive Merger of 43 Rural Banks from May 1
Banking in rural India is about to change forever, 43 RRBs across 11 states to merge into just 28 under ‘One State, One RRB’...
