BANK

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Bank Alert: Banks Will Be Closed For 12 Days in June 2022

Bank Holiday List June 2022: These holidays include Sundays/ second and fourth Saturdays. However, let us tell you that during these holidays the online services of banks will continue, that is, you will be able to do your banking related work sitting at home. Let us inform here that bank holidays can also differ from one …

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ATM Cash Withdrawal: Now Soon You Will Be Able To Withdraw Money From ATM Without Card

RBI has issued a circular on May 19, 2022, directing all banks to start the facility of withdrawing money without card soon. This facility will be available 24 hours a day. In fact, in the meeting of the MPC held on April 8, 2022, this facility was announced by the Reserve Bank. The RBI governor …

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Cardless Cash Withdrawal To Be Available At All Banks

Taking note of the increasing cases of frauds while withdrawing money through ATMs, the Reserve Bank has taken a major decision. Under this, the facility of cardless cash withdrawal with the help of UPI will now be available on all banks. The RBI Governor said that through this facility, the cases of frauds that occur …

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RBI Imposes Ban On This Co-Operative Bank

The Reserve Bank of India has announced to impose a number of restrictions on Shushruti Soudhaar Sahakara Bank Regularity based in Bengaluru. In a statement issued by the RBI in this regard, it has been said that the bank can no longer give loans or accept deposits without its approval. These restrictions will remain in …

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Trustee Units Of SBI, IDBI And Axis Under Siege, CCI Starts Investigation

The Competition Commission of India (CCI) is initiating an investigation into the trustee units of State Bank of India (SBI), Axis Bank and IDBI Bank. The investigation is being done following allegations of suspected collusion over fees. This is likely to spark a legal battle in the coming days. As per the rules, debt-raising companies …

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Alert: This Big Change is Happening in Punjab National Bank From Today

Alert: This Big Change is Happening in Punjab National Bank From Today

Cheque payment verification will be mandatory It is worth noting that since this rule applicable in PNB, it will be compulsorily verified at the time of issuance of cheque for payment. Without verification the cheque will not be passed under any circumstances. That is, this cheque will be returned without verification. Let us inform that …

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Banking Frauds Of 100 Crores Daily in India: RBI Claims

Banking Frauds Of 100 Crores Daily in India: RBI Claims

The country has lost Rs 100 crore everyday in the last seven years due to bank frauds. However, this loss amount is declining year after year. According to RBI, 83 per cent of banking fraud cases in the country are in just five states. Maharashtra tops it with 50 per cent, while Delhi is in …

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These Eight Rules Changing From April Will Have Direct Impact On Your Pocket

These Eight Rules Changing From April Will Have Direct Impact On Your Pocket

Tax on PF account From April 1, the existing PF account can be divided into two parts, which will also be taxed. According to the rules, there will be no tax on contribution up to Rs 2.5 lakh in PF account. Interest earned on contributions above this will be taxed. GST e-Invoicing The Central Board …

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To Save Tax, Make Investment Strategy Like This At Last Moment

To Save Tax, Make Investment Strategy Like This At Last Moment

You can save tax by investing here ELSS: Equity Linked Savings Scheme (ELSS) is also known as Tax Saving Mutual Fund. You can invest in it through fund houses. On this one can save tax up to 1.50 lakh annually under section 80C of Income Tax Act. But, next time you should consider investing in …

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This Big Change To Happen in Axis Bank

This Big Change To Happen in Axis Bank

For customers who have salary or savings account in Axis Bank, new rules are being implemented from April 1, 2022. The bank has increased the limit of minimum balance in savings account from 10 thousand to 12 thousand rupees. According to the information given on the website of AXIS Bank, the bank has also changed …

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Bank Alert: Banks Will Be Closed For 4 Consecutive Days

Bank Alert: Banks Will Be Closed For 4 Consecutive Days

Banks across the country will remain closed for the next four days from Saturday due to the strike of various employees union in protest against other government decisions including privatization of banks. Various employees’ unions have called for a two-day strike on March 28-29. At the same time, the banks will be closed on 26 …

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Bank Holidays: Settle The Work Related To Bank Soon

Bank Holidays: Settle The Work Related To Bank Soon

If you have any big work related to the bank in recent times, then it will be beneficial to do it before Holi. Actually, this week banks will be closed for four consecutive days. This week is the festival of Holi, due to which there will be no work in the banks and banks will …

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There Was No Loss To Public Sector Banks in Last Three Quarters: Government

There Was No Loss To Public Sector Banks in Last Three Quarters: Government

On behalf of the Central Government, it was told in the Rajya Sabha that in the last three quarters, no public sector bank has suffered losses, that is, their health has become better. Apart from this, the profit of all public sector banks stood at Rs 48,874 crore during this period.  Minister of State for …

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Big Relief: RBI Lifted Restrictions On HDFC Bank. Know Details Here

Big Relief: RBI Lifted Restrictions On HDFC Bank. Know Details Here

The Reserve Bank of India has lifted all restrictions on private sector HDFC Bank’s Digital 2.0. Information in this regard has been provided by the bank to the stock exchange. It has been said by the bank that after the lifting of the ban, it can resume all types of digital initiatives.  HDFC Bank on …

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Want To Close Personal Loan Pre-maturely? Know Effect On Your Credit Score

Want To Close Personal Loan Pre-maturely? Know Effect On Your Credit Score

In today’s time, the process of taking personal loan is very easy. For this, you can apply even sitting at home, or you can also apply for a personal loan by filling some minor documents by visiting the bank. You have to pay some interest every month on the loan, which can be a bit …

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This Big Change is Going To Happen in This Bank After February 28. Know Details Here

This Big Change is Going To Happen in This Bank After February 28. Know Details Here

An important news is coming out for the customers of Lakshmi Vilas Bank and DBS Bank India Limited. Due to the merger of these two banks, a big change is going to happen. The existing IFSC of the bank’s branches will work only till February 28. The new IFSC will be applicable from 1st March …

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Bank Of India is Giving Golden Opportunity To NPA Customers, Outstanding Loan Can Be Settled On This Date

Bank Of India is Giving Golden Opportunity To NPA Customers, Outstanding Loan Can Be Settled On This Date

Public sector Bank of India is giving a great opportunity to its special customers. Those customers whose loan has become NPA, they can close the account by giving their loan through BOI One Time Settlement Schemes. If you join this settlement, then on behalf of the bank, you can do the settlement by visiting the …

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Economic Survey 2021-22: Public Sector Banks Reduces Burden Of NPAs

Economic Survey 2021-22: Public Sector Banks Reduces Burden Of NPAs

The Government of India has released the Economic Survey 2021-22 on Monday. The survey report shows that during this period, public sector banks have improved their position significantly. The report said that banks have significantly reduced their burden on the non-performing assets (NPA) front. Not only this, public sector banks have also earned excellent net profit during …

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These Rules Related To Banks Will Change From 1st February

These Rules Related To Banks Will Change From 1st February

Sending money from SBI will be expensive The country’s largest public sector bank SBI is going to change its IMPS rules from February 1. Now customers will have to pay Rs 20 + GST ​​for doing IMPS from SBI from Rs 2 lakh to Rs 5 lakh. In October, the bank increased the IMPS limit from Rs …

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Alert For Those Who Have Accounts in More Than One Bank. You May Have Face These Troubles

Alert For Those Who Have Accounts in More Than One Bank. You May Have Face These Troubles

Is it right for you to have multiple bank accounts? In today’s time, most of the people have accounts in many banks. Many times due to change of jobs, people also have many bank accounts, which they do not even consider it necessary to close them. it is not wise to keep your account in …

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Breaking: Government Notifies Amalgamation Of PMC Bank And Unity Small Finance Bank

Breaking: Government Notifies Amalgamation Of PMC Bank And Unity Small Finance Bank

RBI Press Release (Vide Press Release ID: 2021-2022/1616) The Government of India has today (25th January 2022) sanctioned and notified the Scheme for the amalgamation of the Punjab and Maharashtra Co-operative Bank Ltd. (PMC Bank) with Unity Small Finance Bank Ltd. (USFBL). The amalgamation will come into force with effect from the date of the …

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NEFT/ RTGS Facility Of This Bank Will Not Be Available From January 21 To 24. Know Details Here

NEFT/ RTGS Facility Of This Bank Will Not Be Available From January 21 To 24. Know Details Here

There is important news for the customers of Bank of India (BOI). The bank has warned that from the night of January 21 to the morning of January 24, the customers will not be able to use the NEFT and RTGS platforms to transfer funds. However, the bank has also made it clear that many …

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Bank Holiday Calendar: Banks Will Be Closed On These Days in 2022

Bank Holiday Calendar: Banks Will Be Closed On These Days in 2022

This year banks are going to be closed for many days in different states of the country. These days customers will not be able to withdraw or deposit money in their respective bank branches. However, all the services available online will continue as before, people will not see any problem in it. Let’s take a …

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Big News: Airtel Payments Bank Gets Scheduled Bank Status From RBI

Big News: Airtel Payments Bank Gets Scheduled Bank Status From RBI

Airtel Payments Bank has been given schedule bank status by the Reserve Bank of India (RBI). With this, Airtel Payments Bank can now pitch for Requests for Proposals (RFPs) and primary auctions issued by the government.  Schedule Bank Status From RBI  Airtel Payments Bank said in a statement that RBI has given it the status …

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Know These ATM Rules Before Withdrawing Money From ATM

Know These ATM Rules Before Withdrawing Money From ATM

From January 1, 2022, withdrawing money from ATM has become expensive. You will have to pay a higher price for every withdrawal transaction after the free withdrawal limit. According to the instructions issued by the Reserve Bank of India (RBI) in June 2021, customers of banks will have to pay Rs 21 for ATM withdrawals …

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IndusInd Bank Customer? Now Transfer Money From Abroad Through UPI

IndusInd Bank Customer? Now Transfer Money From Abroad Through UPI

Now it has become easier than ever to transfer money from abroad to India. IndusInd Bank has entered into an agreement with National Payments Corporation of India (NPCI), under which customers sitting abroad will be able to easily transfer their money to India through UPI. The bank has started this facility from Thailand. Explain that …

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