The United Forum of Bank Unions (UFBU) has announced a two-day nationwide strike on March 24 and 25, 2025. The primary demands driving this action include the implementation of a five-day workweek...
Fixed Deposits (FDs) have long been a preferred investment option for risk-averse individuals seeking stable returns. However, the Tax Deducted at Source (TDS) rules on FDs have often been a point of...
The Indian government is on the brink of finalising one of its most significant financial reforms—the privatisation of IDBI Bank. Reports indicate that the process is expected to conclude by mid-2024, marking...
The Reserve Bank of India (RBI) has granted the Central Bank of India permission to enter the insurance sector in partnership with the Generali Group. The joint venture will involve two entities,...
It’s a safety check for cheques, especially big ones. If customer is writing a cheque above ₹50,000, banks recommend to use it. For cheques above ₹5 lakh, RBI has made it mandatory...
Security Receipts (SRs) are financial instruments issued by Asset Reconstruction Companies (ARCs) to banks or financial institutions. These companies buy bad loans (called Non-Performing Assets or NPAs) from banks. These are loans...
Newly issued debit cards have online transactions turned off by default in accordance with RBI regulations. After you receive your card, you must manually enable the features before you may use it...
In collaboration with IDFC bank, OneCard, the first Metal Card in India, offers credit card services. Together with innovative features and incentive programs, the OneCard comes with a high-quality metal card.
There is...
In India's private banking market, ICICI Bank is a significant participant. It offers contemporary financial services and solutions to its clientele. The bank uses a number of banking solutions to make sure...
In order to enable both online and offline users to block their ATM card in the event of an emergency, such as a loss or forgetfulness, Kotak Mahendra Bank established Debit Card...
