2400 Bank Accounts connected to Illegal Online Gaming Websites Frozen by DGGI
The Directorate General of Goods and Services Tax Intelligence (DGGI) has strengthen its action aganist illegal online gaming websites. This includes both foreign and...
Rs 36 Lakh Penalty on Citibank and IDBI, imposed by RBI
Two banks, IDBI and Citibank, will pay the penalty for violating RBI norms. RBI said that they imposed the penalty as the banks failed...
Bank Strike Cancelled after UFBU and CLC Meeting
United Forum of Bank Unions (UFBU) announced that a adjourned conciliation meeting took place today morning. UFBU said that the meeting was based on...
RBI announced Shri Indranil Bhattacharyya as a New Executive Director
Shri Indranil Bhattacharyya is appointed as a New Executive Director by RBI, starting March 19, 2025. Highlighted points of the announcement:
Role of Shri Indranil...
RBI Governor Asked Banks to Improve Services and Reduce Grievances
RBI governor Sanjay Malhotra, while speaking at the annual conference of the RBI Ombudsmen has asked all the Banks and the Financial Institution to...
Bank’s Nationwide Strike Confirmed on March24 & 25
The United Forum of Bank Unions (UFBU) has confirmed for a nationwide strike on March 24 & 25 after Indian Banks' Associations (IBA) failed...
HDFC Bank Started Accepting Seniors Citizens Saving Scheme (SCSS) Deposits
After accepting government backed savings schemes like Public Provident Fund and Sukanya Samriddhi Account now HDFC Bank is ready to add Seniors Citizens Saving...
Yes Bank Introduces New GST Payment Facility to Boost Digital Banking Services
Yes Bank launched its Goods and Services Tax (GST) payment facility on Friday, March 14, 2025, enhancing its digital banking services. The service is...
Inauguration of SCSVMV’s FinTech Lab, Sponsored by Central Bank of India
Sri Chandrasekharendra Saraswathi Viswa Mahavidyalaya (SCSVMV) Deemed to be University inaugurated the Central Bank of India sponsored FinTech Lab on Wednesday, March 12, 2025.
Highlights...
RBI Assures No Cause for Concern, Confirms IndusInd Bank’s Strong Capitalisation
The Reserve Bank of India (RBI) assured IndusInd Bank depositors of the bank's financial stability, following speculation about its financial health and confirmed that...