After the image started circulating on social media, HDFC Bank spokesperson has clarified that this is part of the mandatory RBI guidelines.
India's banking system safe and stable, no need to panic on basis of baseless rumours, RBI assures people
This is for the second time in a week, the Reserve Bank of India (RBI) has come out with a statement assuring people about the stability of the country's banking system.
Forty of 50 cooperative banks in Uttar Pradesh hit by fraud; loan amounts forged, subsidy money siphoned off
More than 50 percent of the rural credit is disbursed by the co-operative banks and the National Bank for Agriculture & Rural Development (NABARD) is responsible for the regulation and supervising of the functions of these banks.
Maharashtra State Co-operative Bank eyes to expand borrower profile; plans to enter infrastructure, retail lending
The bank continues to be under a Reserve Bank of India-appointed administrator, after its elected board was alleged to have mismanaged the bank.
Punjab's debt-ridden farmers continue to take their own lives as Congress' loan waiver has little effect
For his part, the Punjab chief minister Captain Amarinder Singh trained his guns at the Centre
Congress farm loan waivers Part IV: Farmers in Madhya Pradesh are committing suicide despite scheme; here's why
At least three farmers have ended their lives since the announcement of loan waiver scheme by the Kamal Nath government
Congress farm loan waivers Part III: Rajasthan cultivators demand inquiry into 'scam' in cooperative banks
Following reports of loan scams across cooperative banks in Dungarpur district of Rajasthan, farmers from several villages in Bharatpur and Dholpur districts approached the authorities
Congress farm loan waivers Part II: Cultivators shocked to find names on beneficiaries list as MP ministers allege fraud by bank staff
The lists took farmers by surprise and opened a Pandora's Box all over Madhya Pradesh.
Congress farm loan waivers Part I: MP farmers seethe over flawed implementation of scheme, banks' dubious calculations
Dubious calculations by cooperative banks and societies have led to inflated outstanding farm loan amounts for many in Madhya Pradesh.
The final guidelines to link the interest rate to external benchmarks will be issued by the end of this month, said the RBI's 'Statement on Developmental and Regulatory Policies'.
Co-operative banks need a new 'vision document'; sector has not flourished in last 15 years, says RBI director
Till 1967, the Centre, as well as state policy, was to give priority to the cooperative sector but in the later years, barring some institutions, the cooperative sector did not flourish.
Demonetisation: Co-op sector in Kerala observes strike, demand to be allowed to exchange scrapped notes
The co-operative sector in Kerala came to a standstill, with banks and primary cooperative societies downing shutters and observing 'hartal' demanding that they be allowed to exchange the scrapped Rs 500 and Rs 1,000 currency notes.
Several companies are planning to apply to become smaller banks, including some among those, which failed to win a banking licence in April.
As a depositor you don't really need to be worried about your bank going belly up, well almost. Reason being, the deposits which you make with your bank come with some sort of a safety net.
Online portal Cobrapost had in March made public a sting operation purportedly showing some executives at three top private banks -- ICICI Bank, HDFC Bank and Axis Bank - allegedly agreeing to receive unverified sums of cash and put them in their investment schemes and benami accounts in violation of anti-money laundering laws.
Cooperative banks-scheduled urban cooperative banks or state cooperative banks-nowadays offer different types of loans, including education loans.
Oracle's FLEXCUBE to be deployed in largest core banking rollout in the Indian co-operative banking sector.