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How To Calculate 3 months Loan moratorium as per RBI Guidelines ?

Which are the loan accounts eligible and not eligible for the 3 Months EMI moratorium -  In order to mitigate the impact of the corona-virus outbreak on ...

Now RTGS Fund Transfer Timing is Extended to 6 PM

Reserve Bank of India (RBI) has extended the fund transfer timing via RTGS to 6 PM from existing 4:30 PM w.e.f 01st June 2019. The Reserve Bank of India (RBI) ...

Ex Syndian Shri Mahesh Kumar Jain Appointed As New RBI Deputy Governor

Ex Syndicate Bank General Manager Shri Mahesh Kumar Jain has been appointed as the Deputy Governor of Reserve Bank of India (RBI). This news was tweeted by ...

Rs 20 Lakhs Gratuity Payment To Bankers, Effective From 29th March 2018

Revised Gratuity Payment to Bankers effective from 29th March 2018 - Public Sector Banks has issued the notification for revised gratuity payment amounting Rs ...

UIDAI Said the Aadhaar Mandatory for Opening New Bank Accounts, Tatkal Passports

In reply to supreme court order for extending the last date for accepting Aadhaar from 31st March to indefinite period, The UIDAI has stated that the ...

These Five Banks May Slip to RBI’s Prompt Corrective Action Plan (PCA)

Reports from rating agency ICRA stated that Five Public Sector Bank's Canara Bank, Punjab National Bank, Union Bank of India, Andhra Bank and Punjab & Sind ...

RBI New KYC Rule May Kill Mobile eWallet Business in India

None of the Mobile Wallets compnaies including big names like PayTm, Mobikwik, Freecharge, SBI Buddy, ICICI Pockets, Jio etc having more than 10% of their ...

Rs 11,000 Cr Fraud Detected in Punjab National Bank

It is unbelievable, Public sector Bank, PNB has detected a whopping Rs 11,000 crore fraud in one of its branch in Mumbai. The fraudulent transaction amount is ...

FRDI Bills – Are Depositors Money Really Safe with Banks ?

Financial Resolution and Deposit Insurance Bill, 2017, or FRDI Bill is all set to tabled in the winter session of parliament. FRDI will be placed in the ...

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