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Banking

2.5 lakh accounts connected with the AA system

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According to the data released by Sahmati, account owners have linked around 248,000 accounts to the Account Aggregator (AA) system across financial information providers...
Banking

USD 500 million raised by SBI through IFSC Gift City branch

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The State Bank of India on Monday announced that it has raised $500 million through its IFSC Gift City branch. According to the statement...
Banking

EMI to become costlier as SBI is set to hike interest rates

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The largest public sector bank in the country, State Bank of India has hiked the MCLR interest rate by ten basis points across all...
Banking

Banks to spend on cyber security measures to avoid cyber attack

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C V Anand, city police commissioner in a meeting organized by the Reserve Bank of India with the representative of 51 Urban Cooperative banks...
Banking

ICICI Bank signs MoU with GIFT SEZ to boost global and Indian business

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ICICI Bank announced on Wednesday that it has signed a Memorandum of Understanding (MoU) with GIFT SEZ to promote global as well as Indian...
Banking

FD interest rates of various tenures hiked by Kotak Mahindra Bank

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Kotak Mahindra Bank has hiked the fixed deposit interest rates of various tenures for amounts less than 2 crore. The bank has updated the...
Banking

Banks proposed RBI to permit cloud adoption

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The high-street banks have proposed the Reserve Bank of India to lay down the rules that allow them to store and analyze data on...
Banking

Scholarship scheme for foreign students launched by Banaras Hindu University

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The Banaras Hindu University has launched a new scholarship scheme for international students. The scheme has been initiated to promote and motivate international students...
Banking

ICICI Bank extends date of Special Senior Citizen FD scheme

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ICICI Bank has extended the date of the Special Citizen FD scheme, also known as Golden years FD from April 8, 2022, to October...
Banking

Card-less cash withdrawal via UPI soon at all ATMs and bank branches

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With an aim to enhance customer experience and prevent instances of fraud, the Reserve Bank of India has mandated interoperable card-less withdrawal across all...
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