The Reserve Bank of India’s revised bank locker rules will come to effect from January 1, 2023. What are the revised bank locker rules? The revised bank locker...
The Largest lender of India, State Bank of India (SBI) recently announced that the penalty charges for non-maintenance of average monthly balance (AMB) for all its savings bank...
The State Bank of India (SBI) has opened its Melbourne office & became the first Indian bank to have a branch in the Australian state of Victoria. The...
What are the ancient proofs of presence of banking system? Traces of information regarding existing of banking and financial system are found in India right from Vedic era...
The Reserve Bank of India, in a recent announcement, has mandated the banks to link their lending rates for loans to an external benchmark. This has made it...
The Reserve Bank of India has transferred a surplus of Rs. 1.76 lakh crores to the Indian Government. This payment, which is equal to 1.25% of the Indian...
The Bengaluru-headquartered small scale bank Jana Small Finance Bank Limited has received the status of a Scheduled Bank. What are Scheduled Banks of India? The Scheduled Banks are...
The annual banking statistics released by the Swiss National Bank makes the following observations: The UK has retained its top position in terms of money parked by its citizens and...
The Reserve Bank of India (RBI) has set up a committee under VG Kannan, Chief Executive Officer of the Indian Banks’ Association for giving a fillip to ATM...
Reserve Bank of India (RBI) would propose strict rules on opening and operating current accounts of corporate borrowers to prevent the diversion of funds. RBI had notified that...
