Tag: Banking News
Tez app : Google to launch UPI based digital payment service...
Google is reportedly launching Tez app, a Unified Payments Interface (UPI)-based digital payment service. Google will make an entry into digital payment system by...
EU Banks Shut 9100 branches, cut staff as customers opt digital...
European Union EU banks shut down around 9,100 branches and cut 50,000 staff last year as customers increasingly opting for digital banking. The European...
New Rs 100 coin : Government set to introduce new ₹100...
After new currency note of denomination 200, Union Government is all set to introduce new Rs 100 coin. Ministry of Finance released a notification...
50 percent women prefer to deposit money in formal banks :...
According to a survey , nearly 50 per cent of the women preferred depositing money in formal banks and almost 72 per cent in...
Mergers to divert focus on NPA recovery, not the right time...
After former RBI Governor Raghuram Rajan, here's now a public sector bank boss expressed hos views against forced bank mergers. "It's not the right time...
Cabinet approves bill to double tax-free gratuity ceiling to ₹20 lakh
Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to an amendment bill that seeks to double tax-free gratuity...
Interest Rate cut : Andhra, J&K Bank cut SB account rate...
Public sector lender Jammu and Kashmir Bank and Andhra Bank has lowered interest rate on its savings bank accounts by 0.50 per cent to...
Check Frauds: Not KYC, Know your employee, Says CVC to Banks
Banks should not only adhere to Know Your Customer (KYC) norms but also on Know Your Employee to check frauds, says the recently-released vigilance...
PNB ATM : Bank revises free transactions limit and charges from...
Punjab National Bank (PNB) customers will have to shell out money beginning October if they carry out more than five transactions a month from...
Bank staff to take out morcha to parliament on 15 September,...
Bank Bank employees and officers will take out a morcha to Parliament on Friday (September 15) against what they describe as anti-people banking reform...