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Besides NEFT and RTGS, gross payment facility NACH will be available 24X7, RBI had announced.
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RBI has advised banks to play a proactive role in finding the whereabouts of account holders of unclaimed deposits/inoperative accounts, Karad said
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There are many options for saving or investing in the post office. However, you have to maintain a minimum balance in the account
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Banks are required to take steps to initiate the legal process against the borrowers or guarantors for recovery dues, Sitharaman said
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The increased use of digital money/pre-paid instruments has changed the composition of both reserve money as well as monetary base.
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Bank Holidays August 2021: From this list of 15 holidays, 7 days are the usual weekends off, while the other eight stand as the RBI-listed holidays.
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The second wave of the pandemic has hit gold loan portfolios of private banks amid volatile gold prices
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The total income of the bank rose to Rs 19,591.63 crore from Rs 19,032.15 crore in the same period a year ago
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A smart way to convince the lender about your repayment capacity is to add a co-borrower. This person must have a stable income and good credit score
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Kotak Mahindra Bank further added that the Covid-19 provision continued to be held at Rs 1,279 crore on June 30, 2021