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While RBI has provided much-needed clarity and transparency to locker allocation process, compensation in events of loss of items leaves a grey area.
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The RBI's ban, helped the bank to rework its IT systems, processes and turbocharging the speed of technology transformation
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BharatPe plans to raise $250 million in debt by the end of FY22
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Those who have applied for the authorisation or in the advanced stages of submitting their proposals include Tata Group, Amazon, and Paytm
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For bank locker insurance policies, the sum insured depends on the declaration made by the policyholder
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The notes will be listed on the India International Exchange (IFSC) Limited, HDFC Bank said in a regulatory filing
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The report also calls upon the banks to segregate the data pertaining to Jan Dhan Account in accordance with gender.
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Payments for EMIs and insurance, fell to 27.35% by value in July, down from 30.27% in May and June, indicating that more payments were successful
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Loan against property is available for longer tenures of up to 20 years and with speedy approval as property can get you flexible repayment options
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Banks will be required to incorporate a clause in the locker agreement prohibiting the hirer from keeping anything illegal or hazardous in lockers