Banking News

This initiative aims to promote good governance and strengthen the integrity of the recruitment process in the Banking, Financial Services and Insurance (BFSI) sector by preventing impersonation and other malpractices during examination.

Ease 4.0 prize distribution event was presided over by Minister of Finance & Corporate Affairs Nirmala Sitharaman The event was organized by the Indian Banks' Association (IBA) Union Bank of India won three awards in the event

Lebanon is facing a banking crisis today. Due to strict rules, people are not even able to withdraw their money deposited in banks. In such a situation, a woman surrounded by difficulties reached with a gun to withdraw money from the bank. The woman claimed that she had entered the bank with a toy gun.

Payment system participants will be provided access to this registry for near-real time fraud monitoring. The aggregated fraud data will be published to educate customers on emerging risks. He said, customers should immediately report any fraud related incidence to the bank to minimise his or her risks.

HDFC Bank started a campaign to encourage people to conduct safe banking practises. The bank's intentions to protect fellow Indians from online fraud may have been good, but the name of their campaign is already used by @appupen.

SBI has also started the facility of WhatsApp banking. To avail benefits of SBI WhatsApp Banking, you have to register first. Customers don't have to go to the ATM anymore.

The secured redeemable non-convertible debentures (NCDs) will bear interest rate at 7.77 per cent. The issue size is of Rs 2,500 crore with an option to retain oversubscription of Rs 2,500 crore.

Govt exam calendar for May 2022 is out! Candidates aspiring for govt jobs should not miss the dates for various govt exams SSC CHSL, RRB NTPC, RBI Grade B/Assistant, BPSC, DSSSB exams will be held this month

RBI said it has come to notice that some cooperative societies are using the word 'bank' in their names in violation of the Banking Regulation Act. Further, the insurance cover from Deposit Insurance and Credit Guarantee Corporation (DICGC) is also not available for deposits placed with these societies.

PM Modi the statements at the launch of RBI initiatives schemes He hailed the use of UPI in India He also applauded the role of cooperative banks in strengthening India’s economy

Only a few bank employees in sensitive positions will be sent on special leave. RBI came up with a similar advisory in April 2015. All the banks will have to follow the revised RBI instructions within six months.

Always inform bank authorities if you face any problems Make sure you have transaction ID with you

Banks convert a zero balance salary account into a savings account if the salary is not credited for long. A minimum balance is required in non-salary account

Know about the new rules to be implemented across the country from today. These rules will impact your pocket. Watch to know more.

The BSE Sensex lost 85 points to open at 38,737 while the 50-stock Nifty dipped 25 points to 11,485 levels.

Several trade unions and farmers' and teachers' associations across the country are on a two-day nationwide strike beginning today. The protest is against the Narendra Modi government. Watch full video to know more.

Sikka's resignation from IT major Infosys is the second high profile exit of an 'outsider' from a big corporate after Cyrus Mistry was removed as chairman of Tata Sons in November last year.

Restrictions on cash dealings of Rs 2 lakh or more will not apply to credit card bill payments, business correspondents appointed by banks and issuers of prepaid instruments, the revenue department has said.

Online hiring activity registered a seven per cent year-on-year growth in May driven by sectors like telecom/ISP and banking/financial services, insurance (BFSI), according to the Monster Employment Index.