Get Personal loan at ATM

Next time you walk in to ATM for cash withdrawal, the ATM Machine may offer you a personal loan. With the help of technology for data analysis, Banks are now pre approving small value personal loans, which can be disbursed through ATM machine. Banks have been providing pre-approved loans through interest banking and Read more…

Salary of Top Bankers in India

Here is the list of salary of top bankers in India. Managing Director of HDFC, Aditya Puri is being paid highest salary in Banking Industry in India, who got 32% hike in salary.   Aditya Puri Managing Director, HDFC Remuneration (2015-16): Rs 9.7 crore per annum   Dipak Gupta WTD designated as Joint Read more…

Dishonour of cheques – Modification in procedure

RBI/2016-17/33 DBR.No.Leg.BC.3/09.07.005/2016-17 August 04, 2016 All Scheduled Commercial Banks (Including RRBs) Dear Sir/ Madam, Dishonour of cheques – Modification in procedure Please refer to our circular DBOD.BC.Leg.No.113/09.12.001/2002-03 dated June 26, 2003 and paragraph 11.4 (i) of RPCD.CO.RRB.BC.No.100/03.05.33/2013-14 dated May 12, 2014 wherein banks were advised to introduce a condition for Read more…