Bank of Baroda (BOB) has introduced 2 new premium debit cards for its customers. One of these is BoB World Opulence. This is a Metal Edition Super Premium Visa Infinite Debit Card. The second premium debit card of the bank is BoB World Sapphire. This is a Visa Signature Debit Card. Both these new premium…
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According to bankers and merchants, the Indian reserve bank is expected to extend a deadline set for firms to add a second layer of protection for customer credit card information even if certain concerns about rejected payments and revenue losses continue on Friday. Smaller merchants have asked for a postponement of the compliance date, but…
Read More “RBI is unlikely to extend the deadline for credit and debit cards on September 30” »
When the appointment was done and by whom? Pralay Mondal has been named the new Managing Director and CEO of Kerala-based CSB Bank, the bank announced on September 16. In accordance with a news release, the Reserve Bank of India’s approval allowed the Bank’s Board of Directors to name Mondal as the MD & CEO…
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In view of the apprehension of disturbance in the mahapanchayat of farmers in Karnal, the government has also decided to stop internet services in Kurukshetra, Jind, Panipat and Kaithal till 11:59 pm on September 7. Kisan Mahapanchayat: Today there is a mahapanchayat of farmers in Karnal. In which farmers’ organizations will gather in the new…
In this campaign, Neeraj Chopra has urged users not to reveal details like OTP, CVV number and ATM PIN to anyone. The Reserve Bank of India (RBI) has launched a public awareness campaign to warn people against digital banking frauds. Olympic gold medalist Neeraj Chopra has been included in this campaign. In a related video,…
Read More “RBI appoints Neeraj Chopra for banking fraud awareness campaign” »
The main objective of the new version of the platform is to provide better security to the customers and provide them with a convenient and secure online banking experience. SBI launches ‘SIM Binding’ feature for YONO: Recently, India’s largest lender State Bank of India (SBI) has introduced a new and advanced security feature called ‘SIM…
The government says that the Ministry of Cooperation will provide a separate administrative, statutory and policy framework to strengthen the cooperative movement in the country. Recently, the Modi government has announced the formation of the Ministry of Cooperation (Ministry of Cooperation) on 06 July 2021, just before the cabinet reshuffle. Issuing a statement, the government…
Read More “Modi government created new cooperation ministry” »
Recently, the Reserve Bank of India has imposed a penalty of Rs 10 crore on HDFC Bank for deficiencies in regulatory compliance found in the bank’s auto loan portfolio. According to RBI, HDFC Bank has violated the provisions of Section 6(2) and Section 8 of the Banking Regulation Act, 1949. After receiving a complaint from…
SBI Mutual Fund (MF) on Thursday said its asset base has crossed Rs 5 lakh crore mark in the March quarter, becoming the first fund house in the country to achieve such a feat. Recently, SBI Funds Management Private Limited has stated that it has become the first mutual fund house in India to cross…
Read More “SBI MF becomes first mutual fund company to cross Rs 5 lakh crore AAUM” »
RBI says that SBI has not followed the instructions issued while making payments to bank employees, due to which it has been fined. Recently, the Reserve Bank of India (RBI) has imposed a fine of Rs 2 crore on the country’s largest bank ‘State Bank of India’ (SBI) for violating the Bank Regulation Act. The…
