Banks
- India
India’s growth momentum stays strong: World Bank
Washington: India’s economy is maintaining strong growth momentum, driven by robust domestic demand, resilient services exports and sustained reforms, the World Bank said in its latest report. Growth is estimated at 7.6…
- Hyderabad
Banks must help customers against cybercrimes, says Hyderabad CP
Hyderabad: Hyderabad Commissioner of Police VC Sajjanar on Tuesday, March 31, said banks must help customers against cybercrimes such as digital arrest. He stressed that the bank employees play a crucial role…
- Telangana
TGCSB targets mule accounts under ‘Operation Crackdown’
Hyderabad: Telangana Cyber Security Bureau (TGCSB) on Wednesday, February 25, launched ‘Operation Crackdown,’ to target and dismantle criminal networks and the cybercrime ecosystem in the state over the next few months. The…
- India
Banking services impacted as unions go on nationwide strike
New Delhi: Banking operations at public sector banks across the country were impacted on Tuesday, January 27, as the United Forum of Bank Unions (UFBU) went on nationwide strike demanding the immediate…
- India
Banks to go on nationwide strike on Jan 27, Unions seek 5-day work week
New Delhi: Banking operations of public sector banks across the country are likely to be impacted on Tuesday with the United Forum of Bank Unions (UFBU) deciding to go ahead with a…
- Pakistan
Pakistan security forces kill 12 terrorists in Balochistan
Karachi: Pakistan security forces killed 12 terrorists after they attacked two banks and a police station in restive southwestern Balochistan province, a military statement issued on Saturday, January 17, said. “Around 15-20…
- India
PSU banks write off loans worth Rs 6.15 lakh cr in last 5.5 years
New Delhi: Public sector banks have written off loans worth Rs 6.15 lakh crore in the last five and a half years, Parliament was informed on Monday. “As per Reserve Bank of…
- Business
RBI issues 7 new master directions on digital banking
Mumbai: The Reserve Bank on Friday issued seven new master directions on digital banking channels authorisation for regulated entities, including commercial banks and small finance banks. This is part of a massive…
- India
Maharashtra reserves 70 pc jobs in district cooperative banks for locals
Mumbai: In a move aimed at encouraging local employment, the Maharashtra government has directed that 70 per cent of jobs in District Central Cooperative Banks (DCCBs) be reserved for candidates domiciled in…
- India
Banks to clear cheques on same day from October 4 over RBI guidelines
New Delhi: Private banks, including HDFC Bank and ICICI Bank, have informed that they will start same-day cheque clearance from October 4, following the Reserve Bank of India’s (RBI) updated settlement framework…
- India
Banks to clear cheques within few hours starting October 4: RBI
Mumbai: The Reserve Bank of India (RBI) has announced that bank cheques must be cleared within a few hours from October 4 — down from the current clearance time of up to…
- India
UIDAI unveils Aadhaar-based authentication framework for cooperative banks
New Delhi: The Unique Identification Authority of India (UIDAI) on Thursday rolled out a new framework to onboard cooperative banks and enable them to deliver Aadhaar-based authentication services to mark the International…
- Technology
Banks free to decide on minimum balance for savings accounts: RBI
Gozaria: Reserve Bank of India Governor Sanjay Malhotra on Monday said banks are free to decide the minimum balance for savings accounts and that it does not fall under the regulatory domain…
- India
Private banks to hike charges on credit card, banking services from July 1
New Delhi: Starting July 1, major private sector banks like HDFC Bank and ICICI Bank will increase charges on various credit card and banking services. Both banks have informed their customers about…
- Business
SEBI fines Reliance Securities Rs 7 lakh for violating stockbroker rules
Mumbai: The Securities and Exchange Board of India (SEBI) on Monday imposed a fine of Rs 7 lakh on Reliance Securities Limited for not following stockbroker regulations. According to SEBI’s order, the…
