Bank
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Google Pay expands cards tokenisation with more Indian banks
Business | Jun 16, 2021, 01:15 PM ISTAfter rolling out tokenisation with Kotak Mahindra Bank, SBI Cards and Axis Bank, Google Pay has now added debit cards by SBI, IndusInd Bank and Federal Bank and Credit cards by IndusInd Bank and HSBC India to its slate
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Working to get ICICI Bank's fake login page blocked: Delhi Police
India | Jun 01, 2021, 09:44 PM ISTThe Delhi Police's Cyber Crime Branch on Tuesday said that it is working to get blocked the fake login page of ICICI Bank which was trying to get details of the customers, and also warned people not to share information without verification.
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RBI cancels licence of THIS bank. Check details
Business | May 31, 2021, 10:40 PM ISTWhile cancelling the licence, effective close of business hours on Monday, the RBI said public interest would be adversely affected if the bank is allowed to carry on its banking business any further.
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Vaccinate staff of banks, insurance companies on priority: Finance Ministry to States
India | May 14, 2021, 05:24 PM ISTThe finance ministry on Friday asked state governments to accord priority to employees of banks and insurance companies for COVID-19 vaccination, saying they are exposed to high risks during these difficult times.
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Saraswat Bank junior officer result 2021 released, here's how to check
Jobs | May 13, 2021, 07:07 PM ISTA total of 443 candidates have qualified for the interview. The candidates can check the result through the website- saraswatbank.com
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NEFT, RTGS money transfer services extended beyond banks: RBI Governor Shaktikanta Das
Business | Apr 07, 2021, 04:21 PM ISTNEFT, RTGS money transfer services has been extended to payments banks by the RBI.
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Delhi: Doctor duped on pretext of updating KYC of bank account
India | Mar 06, 2021, 07:52 AM ISTDuring interrogation, accused Md. Azad disclosed his involvement in the crime. He further disclosed that he came in contact with other co-accused namely Rahul from Basantpur, Bihar.
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RBI imposes restrictions on THIS bank, withdrawals for customers capped
Business | Feb 19, 2021, 11:24 PM ISTThe Reserve Bank on Friday said it has barred Karnataka-based Deccan Urban Co-operative Bank Ltd from granting fresh loans or accepting deposits and customers cannot withdraw more than Rs 1,000 from their savings account for a period of six months.
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RBI imposes Rs 55 lakh penalty on THIS bank
Business | Feb 03, 2021, 10:36 PM ISTThe RBI on Wednesday said it has imposed a Rs 55 lakh penalty on Pune-based Seva Vikas Cooperative Bank Limited for non-compliance with certain directions, including for not ensuring end-use of funds lent.
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Bank Holidays February 2021: Banks to remain closed on THESE days | Check state-wise list
Business | Jan 31, 2021, 12:52 PM ISTHowever, in this month, there is no national holiday on which banks across the country will remain closed. Several occasions like Chhatrapati Shivaji Maharaj Jayanti, Md Hazrat Ali birth anniversary, Basant Panchami, etc will be celebrated in the month of February
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RBI cancels licence of THIS Maharashtra-based bank, all operations prohibited. Check details
Business | Jan 29, 2021, 09:08 PM ISTThe reason cited the absence of adequate capital and earning prospects as the reason behind the cancellation.
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RBI cancels licence of THIS bank. Check details
Business | Jan 11, 2021, 09:08 PM ISTThe RBI on Monday said it has cancelled the licence of Vasantdada Nagari Sahakari Bank, Osmanabad, Maharashtra as the bank would be unable to pay its present depositors in full in its current financial position.
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CCPA seeks RBI intervention on banks delaying refund in case of failed transactions
Business | Jan 01, 2021, 01:16 PM ISTAmid rising consumer complaints regarding delay in reverse or refund of money deducted on account of failed or cancelled banking transactions, newly set up consumer protection regulator CCPA has flagged this issue to the RBI seeking its intervention to ensure banks reverse such money on time.
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Bank fraud! CBI files chargesheet against 24 accused for alleged loss of over Rs 297 crore to variou
Business | Dec 29, 2020, 09:31 PM ISTThe Central Bureau of Investigation (CBI) has today filed a chargesheet before Special Judge for CBI cases, Mumbai against 24 accused including a private company based at Mumbai, its director, Chartered Accountant, then officials of Indian Overseas Bank, Directors/proprietor of associated companies/firms etc for causing an alleged loss of Rs 297.80 crore (approx) to the bank.
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Over Rs 8,000 crore bank fraud! SBI, Canara Bank register complaint against private firms
Business | Dec 18, 2020, 11:30 PM ISTThe Central Bureau of Investigation (CBI) has registered two separate cases related to bank fraud to the tune of Rs. 7926.01 crore (approx) and Rs.313.79 crore (approx).
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RBI cancels licence of THIS bank, all operations prohibited. Check details
Business | Dec 08, 2020, 08:09 PM ISTThe bank has been prohibited from conducting the business of 'banking' which includes acceptance of deposits and repayment of deposits with immediate effect.
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Lakshmi Vilas Bank branches to operate as DBS Bank India Ltd from Friday
Business | Nov 25, 2020, 07:08 PM ISTLakshmi Vilas Bank Ltd. branches will operate as DBS Bank India Ltd. branches from November 27, 2020. The development has come hours after the Cabinet announced that it has approved the merger of Lakshmi Vilas Bank Ltd. with DBS India.
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Lakshmi Vilas Bank merger with DBS India approved, no more restrictions on withdrawals
Business | Nov 25, 2020, 07:08 PM ISTDays after a month long moratorium was imposed on the Tamil Nadu based Lakshmi Vilas Bank, the Union Cabinet on Wednesday approved the scheme of Amalgamation of Lakshmi Vilas Bank with DBS Bank India Limited.
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DBS Bank issues maiden green loans in India worth Rs 1,050 crore to CapitaLand
Business | Nov 18, 2020, 07:46 PM ISTDBS Bank on Wednesday said it has issued its first two green loans in India totalling Rs 1,050 crore to CapitaLand. DBS grows its sustainable financing footprint with maiden green loans in India totalling Rs 1,050 crore.
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RBI restricts withdrawals at Rs 25,000 from Lakshmi Vilas Bank till Dec 16
Business | Nov 25, 2020, 03:54 PM ISTThe Reserve Bank of India (RBI) has capped withdrawal limit at Rs 25,000 from Lakshmi Vilas Bank till December 16 due to its detoriating financial condition and safeguard the interest of its customers till a resolution is reached.