Banks

RBI to conduct pilot for digital rupee today; details here

The interbank market is anticipated to become more effective with the use of the digital rupee

Want to take pre-approved loan? Check what benefits you can get

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

These banks provide 7% and above interest on 3-year, 5-year senior citizen fixed deposits

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.

Post Office vs Banks: Which one is better for opening fixed deposits?

Many people in India opt for FD schemes in banks and post offices for safe and secure returns to fulfil their future financial goals

These tax saving fixed deposits promise over 8% returns to senior citizens; details here

Before investing in the scheme, you must note that the tax-saver fixed deposits have a lock-in period of 5 years

RBI rejects 6 applications for setting up banks

The RBI in a statement said the examination of six applications has now been completed as per the procedure laid down under the guidelines

Is there a bank holiday on Maha Shivratri? Check full list of holidays in March 2022

In the month of March, banks across India will remain shut for as many as 13 days.

How API banking is creating a strong relationship between banks and fintech companies

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