Banking

4 banks rumored to be sold off experience stock market surge in expectation Stock prices of 4 government banks rose by 20% on Tuesday at the BSE after a Reuters report named those banks. According to the report the Indian government has…

Bank Of India, IOB & 2 Other Govt Banks Will Be Sold To Private Firms; Employees Oppose We had earlier reported about the government's plans of privatizing two PSU banks which Finance Minister, Nirmala Sitaraman mentioned in her…

RBI issued pointers to identify fake notes and where to file complaints online Latest reports reveal that scammers running a racket of counterfeit notes have shifted their focus on circulating lower denomination notes like Rs 50, Rs 100…

SBI customers with a Jan Dhan account can now apply for a Rupay Jan Dhan Card to avail benefits of an accident insurance cover of upto rs 2 lakh. There is some good news awaiting the Pradhan Mantri Jan Dhan account holders of the State…

Cognizant Enforces 9-Hour Work Day For All 3 Lakh Indian Employees, Increases Annual Leaves By 36% Starting February 15, the Indian team of Teaneck, New Jersey headquartered IT giant Cognizant Technology Solutions shall see a nine-hour…

Sitharaman announces working with RBI in the process of privatizing two more public banks. Last week after the budget meeting, we informed you of the Finance Minister's plans of conducting the privatisation process for two more public…

UPI Records 100% Growth In January: Rs 4.2 Trillion Worth Of Transactions With 2.3 Billion Transactions Online money transfer is becoming a norm with each passing day. The Unified Payment Interface (UPI) is the most popular way of…

Punjab & Sind Bank, Bank of Maharashtra, Bank of India Will Be Sold To Private Firms? What Experts Are Saying? The market analysts are considering the Punjab & Sind Bank, Bank of Maharashtra and Bank of India as the next…

After HDFC Bank's System Failure, RBI Assigns External IT Firm To Audit Their IT Infrastructure As per the latest updates, the RBI has appointed a third party to conduct an audit of HDFC Bank’s IT Infrastructure and has sought a report…

Punjab National Bank, Bank Of Baroda Will Be Sold To Private Firms? Privatization Of PSBs Start… The government has finally taken a ‘right’ step towards the long-awaited reforms needed in the banking sector. After the release of Union…

Budget 2021 Live Updates: Tax Rebates, Smartphone Price, Automobile, Healthcare Sector & More Budget 2021 is special, critical and hugely anticipated, as India enters a new phase of post-Covid19 recovery. Economy has slowed down,…

Axis Bank Will Start Recovering Home Loan Dues From Credit Card Defaulters With This Strategy The country's third-largest private sector bank, Axis Bank said that they will classify home loans of credit card defaulters as non-performing…

Bharat Petroleum Is Promoting Officers, Managers Before Sell-Off To Private Company: But Why? Ahead of privatization, Bharat Petroleum Corporation Ltd (BPCL) has promoted officers. Officers who were deputy general manager were…

UPI Failure Rate For SBI Increase By 187% In 30 Days; Which Bank Has Highest UPI Failure Rate? The latest data from the National Payments Corporation of India (NPCI) reveals that the Union Bank of India and State Bank of India are among…

RBI issues a cautionary notice, informing banks and their customers about a new kind of social engineering fraud involving phone numbers. With workspaces shifting to online platforms and work from home becoming the highlight of the…

Bank of Baroda launches its Whatsapp Banking services, which will provide its customers with a series of banking support and services, right on their Whatsapp numbers. The public sector bank Bank of Baroda has taken another step towards…

Google Pay Is India's #1 UPI App With 96 Cr Transactions In 30 Days; UPI Rise By 102% This Year! UPI transactions have seen a great boom during 2020 with registered value past the Rs 4-lakh-crore mark in December for digital…

Bank of Baroda launches the Digital Lending Platform, which will allow retail loan seekers to get loans digitally. The public sector bank Bank of Baroda has taken another step towards digitizing paperless bank services, by launching the…

Overhead ATM fee charged for unsuccessful transaction due to insufficient balance in savings balance, for different banks. Most of the time, we ignore checking our savings account balance, before debiting cash from an ATM. In this…

Banks have started providing doorstep services for customers. Learn all the services provided by them and the procedure to avail one. During such difficult times in pandemic, financial institutions have been working extra hard, now that…