banking

Cash withdrawals (to a limit) are also now permitted from non-bank wallets or PPI issuers in what Das calls a confidence- building measure. The RBI has made interoperability mandatory in a move that would bring digi wallets on par…

Account holders of 8 Public Sector Banks going in for a merger need to beware of potential complications. Account holders of 8 Public Sector Banks going in for a merger need to beware of potential complications. The concerned…

This 152 Year Old Consulting Firm Cancels Work From Office For 7000 Employees; Asked To Work From Home On Wednesday, American investment banking company, Goldman Sachs informed its employees to return to working from home at its…

Supreme Court passes judgement on the best interests of banks and loan borrowers, on the issue of waiving interests on EMI during the loan moratorium period. On Tuesday, a finalized decision came from the Supreme Court, in regards to…

1.14 Lakh LIC Employees Protest Against Privatisation; Massive Strike On This Date LIC employees have declared a single day strike across the country effective from today. They are demanding that the Centre recall its disinvestment…

FM Nirmala Sitharaman responds to the two-day bank strikes and insists the importance of bank privatisation. Finance Minister Nirmala Sitharaman has responded to the two-day bank strike, held on March 15 and 16 by 9 bank unions, as a…

4 Biggest Changes Effective March, 2021 You Should Know: No Free FASTags, SBI KYC, Rs 2000 Notes & More February has come to an end, witnessing multiple changes recorded in gas prices, especially LPG prices. Due to a sharp rise in…

According to an exclusive report by Moneycontrol’s Dinesh Unnikrishnan and Chandra R Srikanth, Indian IT firm Wipro is in the spotlight in what is called to be the global banking major Citibank’s “biggest ever banking blunder”. The…

Savings account balances up to ?1 crore will now earn 6%. The rates for accounts with higher balance will progressively lower. Read the story to know more. IDFC First Bank has cut savings account interest rates to 6%. This cut will be…

New Privatization Policy: Only 4 PSUs In Banking, Insurance; Rest Everything Will Be Sold Off In the next few weeks, the Union Cabinet plans to take up the proposal to define ‘strategic sectors’ after months of discussions as per the…