Bank Account Nominee Rules Revised: Up to Four Nominees Allowed
In a significant move to enhance the flexibility and clarity of asset distribution, the Indian Parliament has passed the Banking...
Banking
7 Major Banking Policy Changes Effective April 1, 2025
The banking sector is set to witness significant policy revisions starting April 1, 2025. These changes will impact customers in...
Banking Violations: RBI Imposes Fines on HDFC Bank, Punjab & Sind Bank
The Reserve Bank of India (RBI) has imposed monetary penalties on HDFC Bank and Punjab & Sind Bank for failing...
Bank Holidays in April 2025: State-Wise List and Key Dates to Plan Ahead
The Reserve Bank of India (RBI) releases an official holiday calendar for banks across different states each year. Bank holidays...
From May 2025, Expect Higher ATM Charges on Withdrawals & Inquiries
The fee increase is expected to have a larger impact on smaller banks, especially those with limited ATM infrastructure. The...
Important Banking Modifications: 6 New Policies Set to Launch on April 1, Impacting Account Holders
Get ready for some big changes in the Indian banking world! Starting April 1, 2025, new rules will be in...
Deposit Insurance in India: What It Covers, ₹5 Lakh Limit Explained, Risks of Bank Failures, and How to Protect Your Savings
Understanding Deposit Insurance in India: Key Facts and Insights Financial security is a major concern for depositors, especially when banks...
How Much Cash Can You Deposit in Your Savings Account Without Triggering Tax Scrutiny?
Managing finances involves understanding banking regulations, especially when it comes to cash deposits in savings accounts. Many individuals wonder how...
Stop Repeated KYC Requests to Customers: RBI Governor Sanjay Malhotra Warns Banks
The remarks arise during a period when banking customers have consistently voiced their frustrations regarding the inconvenience caused by requests...
India is poised to navigate its most significant cash shortage in years, thanks to measures implemented by the Reserve Bank of India
India's liquidity deficit has increased, in part due to the central bank's dollar sales aimed at protecting the rupee from...
SBI, Bank of Baroda Announce Special Schemes for Women on Women’s Day
Ahead of International Women’s Day 2025, the State Bank of India (SBI) has announced a major initiative for women entrepreneurs....
5-Day Working for Banks: Importance & Challenges Ahead – Key Details Inside
New Delhi, March 2025: The debate over a five-day workweek for banks in India has been ongoing for a long...
IDBI Bank Hiring 650 Junior Assistant Managers: Check Eligibility, Exam Date & How to Apply
IDBI Bank has invited applications for 650 Junior Assistant Manager (JAM) positions as part of its latest recruitment drive. Eligible...
New Rs 50 Notes Featuring RBI Governor Sanjay Malhotra to Be Released Soon
The Reserve Bank of India (RBI) is set to issue Rs 50 banknotes in the Mahatma Gandhi (New) Series, featuring...
UPI Transactions with Special Characters to Be Rejected from February 1: NPCI
Starting February 1, 2025, certain UPI transactions will be automatically rejected if they contain special characters in their transaction IDs,...
