Jai

RBI removes charges for NEFT & RTGS Payments

RBI has removed NEFT and RTGS charges to push for digital payments and asked banks to pass on the benefit…

6 years ago

What is Legal Entity Identifier and how to obtain it

The Legal Entity Identifier (LEI) code has been conceived for better risk management post the Global Financial Crisis. LEI code…

6 years ago

Lower Risk Weight for moving to NCLT?

According to a news report in Economic Times, Reserve Bank of India (RBI) is weighing a plan to ‘incentivise’ lenders…

6 years ago

RBI did not shift any gold abroad in 2014 or thereafter

Reserve Bank of India on Friday clarified that it has not shifted any gold to abroad in 2014 or thereafter.…

6 years ago

Next phase of merger : PNB, UBI and BoI may be called.

Second round of merger may start soon as government may invite Punjab National Bank, Union Bank of India and Bank…

6 years ago

Complaints with banking ombudsman increased by 25%

RBI released Annual Report of Banking Ombudsman Scheme for the year 2017-18. Key highlights of the report are : ·         Total…

6 years ago

5 Day week in Banks – RBI Clarification

There have been certain news that banks would be open for 5 days a week in terms of RBI instructions…

6 years ago

Banking News

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6 years ago

Best Banks in India 2019 (Top 30)

Forbes in partnership with market research firm Statista has published list of World’s Best Banks. Instead of gauging the balance…

6 years ago

DA for Bank Employees from May 2019 to July 2019

DA for bank employees increased by 3.4% for the quarter, May 2019 to July 2019.   Read: How DA for…

6 years ago