Karur Vysya Bank Current Affairs, GK & News

Karur Vysya Bank launches “Enkasu” pre-paid card

Tamil Nadu-based Karur Vysya Bank has launched a pre-paid card called ‘Enkasu’, which can be used both online and offline, in Karur district of the state. The card aims to reduce the usage of cash in the district of Karur. The cardholder can make tap & go payments for all small purchases to merchants for ..

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RBI slaps penalty on PNB for violating SWIFT norms

The Reserve Bank of India (RBI) has fined Punjab National Bank (PNB) Rs 2 crore for violation of compliance with regulatory directions regarding SWIFT operations. The RBI has toughened the stance against banks on all kind of regulatory norms post PNB fraud which put it to question the ability of the central bank. Earlier in March ..

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RBI imposes Rs 8 crore fine on 3 banks for non-compliance in Swift operations

The Reserve Bank of India (RBI) has imposed a fine of 8 crores on 3 banks viz. Karnataka Bank, United Bank of India and Karur Vysya Bank for non-compliance of directions on Swift messaging software. A fine of 4 crores was imposed on Karnataka Bank, 3 crores on United Bank of India and one crore on ..

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