After the merger is complete, Axis Bank will have approximately 10.6 million active cards and 28.5 million active savings accounts
The interbank market is anticipated to become more effective with the use of the digital rupee
Notably, pre-approved loans are only available for a limited period. That’s why making a decision at the appropriate time is so crucial
These banks are offering exciting interest rates on fixed deposits during festive season; check list
Among small finance banks, Ujjivan Small Finance Bank has the highest interest rates
SBI has stated that senior citizens aged between 60 and 80 years will get an additional interest rate of 50 bps over applicable card rates for up to 5 years.
Many people in India opt for FD schemes in banks and post offices for safe and secure returns to fulfil their future financial goals
Before investing in the scheme, you must note that the tax-saver fixed deposits have a lock-in period of 5 years
In the month of March, banks across India will remain shut for as many as 13 days.
Banks are now convinced that in order to extend their banking solutions and achieve true financial inclusion beyond their own channels they need strong partnership with Fintech with API
PM urges banks to support wealth and job creators, work proactively to improve India's balance sheet
The prime minister also said that the recently set up National Asset Reconstruction Co (NARCL) would help resolve Rs 2 lakh crore of stressed assets
Lauding tech entrepreneurs, the RBI governor said the country has emerged as a top performer in the startup landscape, attracting billions of foreign capital
DICGC has also asked the banks to circulate consent forms to account holders for accessing funds up to Rs 5 lakh as per the amended law within 90 days
Western Union restarts money transfers to Afghanistan to ease financial burden on US-based Afghans' families
Remittances from Afghans living abroad are crucial for the impoverished country's economy and amounted to almost $789 billion last year, according to the World Bank.
Bitcoin: El Salvador embraces the cryptocurrency but not at the cost of US dollar
RBI says banks can't stop customers from dealing in virtual currencies, must not cite April 2018 order
A few banks in India have warned users that if they continue to deal in virtual currencies, their cards may be suspended.
The United Forum of Bank Unions, an umbrella body of nine unions, has called for the nationwide strike to protest against the proposed privatisation of two state-owned lenders
Stop banks from offering cashbacks on online purchases, CAIT demands in letter to Nirmala Sitharaman
The traders’ body called for immediate action to stop the practice and a thorough probe into why banks were extending discounts only on purchase from designated e-commerce portals
ICICI, HDFC Bank among others revise working hours; here is a list of new bank timings applicable across India during lockdown
To ensure the safety of staff and customers, banks across the country have changed timings
With incremental bank lending making up the bulk of the government's nearly Rs 21 lakh crore stimulus package, lenders face significant asset quality challenges which can increase their dud loan ratios by up to 6 percentage points over the next two years, warns a report