Merger of SBI & Associate Banks – Key Facts

8 years ago

SBI has already approved merger of its associate banks and Bhartiya Mahila Bank. Cabinate has given approval for merger of…

Urjit Patel – New Governor of Reserve Bank of India

8 years ago

Urjit Patel, the present Deputy Governor of Reserve Bank of India has been announced as successor of Raghuram Rajan. Urjit Patel will…

Biggest Bank Robberies in world

7 years ago

Every other day there is a story about bank robbery, some inspired by a movie and some with such mindblowing ideas…

RBI Governor launches Website ‘सचेत’ to curb Illegal Collection of Deposits

8 years ago

“Initiating quick follow up and taking cases to logical conclusion by punishing the guilty is paramount to deter entities in…

Certification necessary for bank employees in specialized jobs : RBI

8 years ago

Reserve Bank of India has directed banks that bank employees working in specialised areas like treasury, risk management, preparation of financial results,…

Frauds due to bank’s negligence – Customer not liable : RBI Draft

8 years ago

The Reserve Bank of India has today placed on its website the Draft Circular on “Customer Protection – Limiting Liability of Customers…

Dearness Allowance Increase for Bankers from August 2016 to October 2016

8 years ago

Based on the CPI for last quarter, DA for the bank employees will incrase by 3.50% (35 slabs) Revised  DA…

Dishonour of cheques – Modification in procedure

8 years ago

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…

Pakistani hacker tried to hack canara bank website

8 years ago

A Pakistani hacker attacked Canara Bank's website and tried to block the bank's e-payment services.  The hacker calls himself Faisal.…

Bank Accounts for NRIs

7 years ago

Different type of bank accounts a Non Resident Indian (NRI) can open and maintain in India, their features and benefits…