Banks need to provide new locker agreement to customers byJan 1, 2023 Bank locker customers must ensure that they have signed a new locker agreement which will be effective from January 1, 2023. Banks like Punjab National Bank (PNB) are sending SMSs to customers alerting them of the same. According to the message received by …
SBI’s Home Loan Costlier The country’s largest bank State Bank of India (SBI) will increase its internal benchmark lending rate (EBLR) by 0.4 per cent to 7.05 per cent. Whereas RLLR will be more than 6.65 per cent. According to SBI’s website, the 10 bps increase in MCLR will also be applicable from June 1. …
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 …
Bank Alert: Banks Will Be Closed For 12 Days in June 2022 Read More »
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 …
Alert: This Big Change is Happening in Punjab National Bank From Today Read More »
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 …
Banking Frauds Of 100 Crores Daily in India: RBI Claims Read More »
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 …
These Eight Rules Changing From April Will Have Direct Impact On Your Pocket Read More »
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 …
To Save Tax, Make Investment Strategy Like This At Last Moment Read More »
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 …
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 …
Bank Alert: Banks Will Be Closed For 4 Consecutive Days Read More »
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 …
Bank Holidays: Settle The Work Related To Bank Soon Read More »
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 …
There Was No Loss To Public Sector Banks in Last Three Quarters: Government Read More »
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 …
Big Relief: RBI Lifted Restrictions On HDFC Bank. Know Details Here Read More »
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 …
Want To Close Personal Loan Pre-maturely? Know Effect On Your Credit Score Read More »
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 …
This Big Change is Going To Happen in This Bank After February 28. Know Details Here Read More »
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 …
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 …
Economic Survey 2021-22: Public Sector Banks Reduces Burden Of NPAs Read More »
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 …
These Rules Related To Banks Will Change From 1st February Read More »
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 …
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 …
Bank Holiday Calendar: Banks Will Be Closed On These Days in 2022 Read More »
If your account is also in Bank of Baroda then this news is for you. Let us tell you that the government bank BOB is coming up with a new rule for its account holders. Under this rule, confirmation will be necessary for checks of 10 lakhs or more. This new rule is regarding check …
Bank Of Baroda Customer? This Most Important News is For You! Read More »
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 …
Big News: Airtel Payments Bank Gets Scheduled Bank Status From RBI Read More »
At present, many cases of cyber fraud have been seen in the country, where many people have become victims of fraud. Actually, there are many such apps, through which fraudsters are cheating people online. According to the report, more than 600 loan giving fake apps (illegal lending apps) are running in the country and these …
Alert: More Than 600 Fake Apps Are Giving You Loans. Delete Them Immediately Read More »
If your Saving ccount is in the country’s largest government bank i.e. State Bank of India, then this news is for you. State Bank of India told through a tweet to make its customers aware that how you can avoid online fraud. Let us tell you that these days digital transactions are increasing very fast, …
If Your Saving Account is in SBI, Then This Big Alert is For You! Read More »
United Forum of Bank Unions (UFBU), an umbrella body of nine unions, has given a call for a two-day strike from March 15 to protest against the proposed privatisation of two state-owned lenders. All India Bank Employees Association (AIBEA) general secretary C H Venkatachalam said in a statement that conciliation meetings – before the additional …
RBI releases the Report of the Internal Working Group to Review Extant Ownership Guidelines and Corporate Structure for Indian Private Sector Banks The Reserve Bank of India had constituted an Internal Working Group (IWG) on June 12, 2020 to review extant ownership guidelines and corporate structure for Indian private sector banks. The Terms of Reference …
RBI announces amalgamation of The Lakshmi Vilas bank Ltd and DBS Bank India Limited (DBIL) RBI announces the draft scheme of amalgamation of The Lakshmi Vilas Bank with Delhi based DBS Bank India Limited – DBIL. RBI said DBIL has a strong parentage and a healthy balance sheet with strong capital support, adding that its …
