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Rs 2000 Note Withdrawn: Exchange and deposit begin today at banks

However all bank notes in Rs 2,000 denomination will continue to be legal tender and be used for transactions, stated RBI. Read further on Dynamite Ne...
Rs 2000-Note Withdrawal: "Do not rush to banks," as it will continue to be legal tender, says RBI go...

The Reserve Bank of India on Friday withdrew the Rs 2000 denomination banknotes from circulation but they will continue to remain as legal tender. Rea...
Business: RBI drafts plan on outsourcing of IT services by banks, NBFCs

The draft has been released for comments of stakeholders and members of the public. The last date for comments and feedback is July 22, 2022. Full sto...
Loans to ABG Shipyard turned NPAs prior to 2014: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on Monday said the ABG Shipyard account turned NPA during the erstwhile UPA regime and the banks took lesser than...
Banking sector in milestone phase, can give great push to India's economy: PM Modi

Underlining the reforms made by the Centre to improve the financial health of banks, Prime Minister Narendra Modi on Thursday said the banking sector...
Centre privatising profit and nationalising loss, says Rahul Gandhi

: Congress leader Rahul Gandhi on Tuesday criticised the Centre over the privatisation of Public Sector Banks. Full story
Business Update: Public sector banks sanction loans worth Rs 10,361.75 cr under ECLGS

Public sector banks have sanctioned loans worth Rs 10,361.75 crore under the 100 per cent Emergency Credit Line Guarantee Scheme, said Finance Ministe...
RBI keeps benchmark interest rate unchanged at 5.15%

The Reserve Bank of India on Thursday kept the key policy rate unchanged at 5.15 per cent and decided to continue with its accommodative stance to sup...
Google to soon offer checking accounts with banks

Google is expanding its presence in the financial domain by preparing to offer checking accounts to consumers.
RBI asks banks not to charge savings account customers for NEFT

The Reserve Bank of India (RBI) on Friday mandated banks not to charge savings account holders for National Electronic Funds Transfer (NEFT) from Janu...
Australian regulator to require annual declarations on governance from banks

Australia’s banking regulator said on Wednesday it will ask financial institutions for annual declarations on governance and corporate culture, and wi...
Record low rates deliver competitive advantages to Australia's biggest banks

Australia’s banking watchdog on Friday said record-low interest rates are likely to benefit the country’s “Big Four” lenders over their smaller counte...
BIG ANNOUNCEMENT: India will now have only 12 PSBs, says Union Finance Minister

"PNB, Oriental Bank of Commerce and United Bank will be brought together and they shall form the second largest public sector bank with business of Rs...
Denied loan by banks, UP farmer puts up kidney for sale

A farmer in Uttar Pradesh's Saharanpur district has put up posters seeking buyers for one of his kidneys after government banks allegedly turned down...
11 new MDs appointed in Puble Sector Banks, 3 in waiting list

Banks Board Bureau has appointed eleven new Managing Directors in various Public Sector Banks on Wednesday. Full Report..
RBI Governor optimistic about NPA resolution

RBI Governor Dr Urjit Patel said he was optimistic about resolving the crisis caused by non-performing assets (NPAs) and stressed loans.
Aadhaar not mandatory for getting pension: Govt

Aadhaar is an additional facility to enable the use of technology for submission of life certificate without the need for visiting banks.
Demonetisation anniversary: Where the shoe pinches

It was last year, when everybody in India suddenly got to know that most of their cash no longer had any value. The old Rs 1,000 and Rs 500 notes - 8...








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