Tag archive for ‘Bank’
By Loknath Das On Sunday, October 22nd, 2017
0 Comments

RBI Says Linking Aadhaar Number To Bank Accounts Mandatory

Mumbai: The Reserve Bank of India (RBI) on Saturday dismissed media reports that it was not necessary to link national identity card numbers, known as Aadhaar numbers, to bank accounts. It said in a statement the More...

By Loknath Das On Monday, October 2nd, 2017
0 Comments

HSBC app will show all your bank accounts in one place

App will give banking customers a ‘joined-up view of their finances’. Photograph: Andrew Matthews/PA Banking customers will soon be able to see all their accounts from different providers in one place, making More...

By Loknath Das On Wednesday, September 13th, 2017
0 Comments

Bank Employees Call For Protest March On September 15

Dharamshala: Bank employees plan to conduct “March to Parliament” on September 15 to draw the government’s attention towards various issues, Deepak Kumar Sharma, General secretary of SBI Officers More...

By Loknath Das On Monday, September 11th, 2017
0 Comments

Only 5 Free ATM Transactions From October, Punjab National Bank Says

New Delhi: PNB customers will have to shell out money beginning October if they carry out more than five transactions a month from the bank’s ATMs. At present, account holders of the country’s second More...

By Loknath Das On Tuesday, September 5th, 2017
0 Comments

Singaporean Bank DBS Finally Gets WoS Licence

Mumbai: Three years after it applied to turn itself into a wholly-owned subsidiary (WoS), Singaporean lender DBS on Monday said the RBI has given it the nod, which will help it do away with growth constraints it More...

By Loknath Das On Tuesday, September 5th, 2017
0 Comments

RBI Has Directed Resolution Of 12 Accounts By December: Axis Bank

New Delhi: Axis Bank today said the Reserve Bank has asked it to finalise the resolution plan for 12 accounts by December 13, failing which insolvency proceedings will have to initiated against them. In a regulatory More...

By Loknath Das On Sunday, September 3rd, 2017
0 Comments

Punjab National Bank To Cut Minimum Lending Rate From September

New Delhi: Punjab National Bank has cut marginal cost based lending rates by up to 0.25 per cent for select maturities, effective tomorrow. The state-owned lender has also slashed its base rate by 0.20 per cent More...

By Loknath Das On Thursday, August 31st, 2017
0 Comments

Public Bank Mergers Will Need Fresh Cash Infusions: Report

New Delhi: The Union Cabinet’s decision to speed up the merger of public sector banks (PSBs) will not improve their weak capitalisation without capital infusion from the government, Moody’s Investors Service More...

By Loknath Das On Thursday, August 31st, 2017
0 Comments

Punjab National Bank To Cut Minimum Lending Rate From September

New Delhi: Punjab National Bank has cut marginal cost based lending rates by up to 0.25 per cent for select maturities, effective tomorrow. The state-owned lender has also slashed its base rate by 0.20 per cent More...

By Loknath Das On Thursday, August 24th, 2017
0 Comments

ICICI Bank Cut Interest Rate On Savings Account By 0.5%

Mumbai: Private sector lender ICICI Bank today announced to reduce interest rate on savings accounts by 50 basis points to 3.5 per cent on deposits below Rs. 50 lakh. The interest rate on savings bank accounts More...