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  PayTM Payments Bank FD: Fixed deposit starts at Rs 100, get upto 5.5%

  June 11, 2021 10:23 IST

  PayTM Payments Bank is now allowing customers to open Fixed Deposit accounts. One can get an FD in Paytm Payments Bank with an investment of as little as Rs 100.

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  South Africa seizes USD 1.3 million from Gupta family-owned company’s bank account

  World | April 02, 2021 12:47 IST

  South Africa’s central bank has seized over USD 1.3 million from a bank account of the now-abandoned Gupta family-owned Sahara Computers, which was one of the country’s leading IT suppliers.

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  RBI warns of increasing fraud transactions in bank accounts. Reminds what to do to limit loss

  Business | June 24, 2020 15:07 IST

  Amid ongoing phishing or cyberattack, Reserve Bank of India (RBI) on Wednesday warned citizens of fraudulent transactions. Due to coronavirus lockdown, online banking has seen a massive boom as it becomes the major source of carrying financial transaction.

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  Yes Bank customers can pay credit bill, loan repayments through other bank accounts

  Business | March 10, 2020 12:51 IST

  Crisis-hit Yes Bank said on Tuesday that customers could now make payments towards their credit card and loans through other bank accounts, days after prominent banking services were curtailed after the RBI imposed moratorium on the lender.

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  Flower vendor buys saree online, gets Rs 30 cr credited in wife's bank account

  India | February 05, 2020 14:50 IST

  The man Burhan recalled that he had purchased a saree through an online portal following which he received a call seeking his bank details which, he was told, were needed as he had won a car.

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  NEFT or IMPS for fund transfer: A comparison to help you make the right choice

  Business | December 30, 2019 15:02 IST

  NEFT and IMPS are two widely used methods for fund transfer by the business. Here's a comparison between the two to help you better judge and choose which one is suited best for your business.

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  No Indian citizen will be asked to state their religion on bank KYC form: Govt rejects news report

  Business | December 21, 2019 20:25 IST

  "There is no requirement for Indian citizens to declare their religion for opening/existing bank account or for KYC. Do not fall for baseless rumours about any such move by banks," finance secretary Rajeev Kumar said

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  Civil Aviation Ministry mistakenly deposits salary in retired employee's bank account

  India | November 26, 2019 17:50 IST

  According to a source, Ramesh, an MTS personnel, retired in September but the ministry deposited salary for the month of October in his account.

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  Step-by-step guide to link SBI account to Aadhaar

  Business | October 15, 2019 13:52 IST

  SBI Account-Aadhaar linking: It is mandatory for customers to link Aadhaar with all savings accounts with the State Bank of India (SBI), India's largest lender. SBI provides you with multiple channels to link your Aadhaar number to your existing account. Here's simple steps to do it online or through ATM.

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  Using home Wi-Fi for net banking? Then your money is at risk!

  Business | September 13, 2019 18:57 IST

  Online Banking Users attention: Online banking or net banking credentials are very confidential that we should never share it with anyone. However, unknowningly we end up doing a big mistake every time we do internet banking transaction through our home WiFi internet.

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  Explained: How to close your inactive bank account

  Fyi | September 13, 2019 14:16 IST

  Are you are the one who holds more than two bank accounts and don’t use them frequently? If yes, then you need to close it or reactivate it soon to avoid any specific charges asked by your bank. According to the RBI’s norm, if a customer discontinues using his or her account for 12 consecutive months then banks will automatically make then inactive, and more than extra inactive 12 months will make it a dormant account. So, we are here to guide you as to how you can close your inactive bank account.

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  Does linking of bank account, PAN and other services with Aadhaar make you vulnerable?

  Fyi | August 19, 2019 10:07 IST

  ​We are often caught up with apprehensions where privacy of any kind is concerned. Similarly, linking of Aadhaar has not remain untouched in this regard. Some users may have concerns regarding protection of their personal information when they link their bank account, PAN or other services with Aadhaar. Does that make you vulnerable? Well, here's your answer.

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  No minimum balance penalty for first generation bank accounts: Finance Ministry

  Business | January 24, 2018 19:46 IST

  The penalty became a contentious issue when it was reported that public sector banks collected Rs 2320.96 crore in FY18 by imposing a fine on customers who do not maintain their minimum monthly average balance.

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  Aadhaar mandatory linking: Supreme Court's Constitution bench to hear pleas today

  India | December 14, 2017 10:35 IST

  The apex court had on December 7 said that a Constitution bench will hear the various plea for interim relief on the mandatory linking of Aadhaar with bank accounts and the Permanent Account Number.

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  Govt extends deadline to link Aadhaar, PAN with bank accounts, new date soon

  Business | December 13, 2017 16:01 IST

  The notification by the Department of Revenue in the finance ministry effectively paves the way for extending the deadline for mandatory quoting of Aadhaar for activities like the opening of a bank account.

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  Aadhaar linking with services: 7 deadlines you must not miss and why

  Business | December 13, 2017 11:12 IST

  Failing to link Aadhaar with services like bank accounts and mobile numbers could lead to unnecessary trouble.

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  Bank account data of 1 cr Indians was sold for 10-20 paisa each: Report

  India | April 14, 2017 11:17 IST

  While the government continues to push towards Prime Minister Narendra Modi’s dream of ‘cashless India’, a rather alarming revelation seems to be raising several questions on the security of bank account data of Indians.

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  Link bank accounts to Aadhaar by April 30 or face blockade, says I-T dept

  April 12, 2017 12:11 IST

  The Income Tax Department on Tuesday said that accounts opened between July 2014 and August 2015 will have to submit know your customer (KYC) details and their Aadhaar number to banks and financial institutions by April 30.

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  Yoga guru Baba Ramdev says was denied US visa for not having bank account

  India | October 22, 2016 18:52 IST

  Appreciated worldwide for promoting yoga, Baba Ramdev was once denied a visa to the United States citing his bachelor status and not having a bank account. However, he was invited later and given a 10-year

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  Investment, in the name of God: Now, open demat account in partnership with God at Ujjain’s Mahakal temple

  India | June 14, 2016 17:09 IST

  The Mahakal temple in Madhya Pradesh’s Ujjain has come up with a bizarre concept which will allow businessmen to make deities partners in their ventures.