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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 stop calling their customers repeatedly for KYC submission....

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 to ressolve the issue demanded. The strike will...

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 Scheme (SCSS) in its portfolio. HDFC Bank will...

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 authorised by the Government of India. How New...

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 of the Inauguration Ceremony: - The ceremony started with...

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 IndusInd Bank remains well-capitalised and financially stable, with...

Major Banks like Canara Bank and IDBI Bank Revise MCLR in March 2025

As of March 2025, several major banks, including HDFC Bank, Bank of Baroda, Punjab National Bank (PNB), Canara Bank, and IDBI Bank, have revised their lending rates. These changes can impact loans...

State Bank of India Faces UPI Outage, Affecting Other UPI Services

Today on 11th March State Bank of India (SBI) faced technical issues with its UPI services, causing problems for customers across India. Users were unable to complete UPI transactions through apps like...

India to Object to Pakistan Buying Shares in BRICS Bank

A Business Standard report said on Monday that India plans to block Pakistan’s stake purchase in BRICS New Development Bank. Pakistan is trying to buy a 1.1% stake in the Shanghai-based BRICS...

SBI Offers No-Guarantee Loans to Women Entrepreneurs on Women’s Day

State Bank of India (SBI) announced the launch of no-guarantee loans with low interest rates for women entrepreneurs. This was unveiled on the eve of International Women's Day under the product named...