Reserve bank of India to geotag e-payment touchpoints for better monitoring
Reserve bank of India to geotag e-payment touchpoints for better monitoring: Presently, it is the era of digital payments. With evolving times, the technology...
State Bank of India Named World’s Best Consumer Bank for 2025
Global Finance magazine has announced the winners of its World’s Best Banks 2025 awards and for the first time State Bank of India (SBI)...
HDFC Bank Faces ₹91 Lakh Fine from RBI for Compliance Lapses
The Reserve Bank of India (RBI) reviewed HDFC Bank’s internal operations as of March 31, 2024, and discovered that the bank had violated several...
IndusInd Bank’s Internal Audit Chief Jyoti Prasad Ratho, Retires
IndusInd Bank has officially announced that Jyoti Prasad Ratho who was in charge of internal audit, has retired and is no longer part of...
What is Digital Payments Index by RBI?
The RBI has constructed a composite Digital Payments Index (DPI) with March 2018 as the base period to capture the extent of digitization of...
China’s Henan Villagers Frozen Out as Banks Refuse to Repay Deposits
The Henan bank crisis continues to worsen, as only a handful of depositors have received payments despite promises that the money would be repaid...
AU Small Finance Bank Celebrates Independence Day with the Inauguration of 51 New Branches...
AU Small Finance Bank, on the path to becoming a Universal Bank has announced it will open 51 new branches across India on August...
Ujjivan Small Finance Bank Awaits RBI Decision on Universal Bank License by December
Ujjivan Small Finance Bank wants to upgrade to become a universal bank and applied for the license in February 2024, and are hoping the...
HDFC Bank Dismisses Reports on Increased Minimum Balance Requirement
After news broke that ICICI Bank had increased its minimum balance requirement, rumours began to circulate that HDFC Bank had also raised its Average...
What is minimum due in Credit card
A minimum payment is one of the most important terms and conditions on credit cards. Whenever you’re unable to pay your balance in full,...