SBI, BoB, Others Hike Lending Rates By Up To 0.1 Pc; EMIs To Go...
New Delhi- EMIs for home, car and personal loans are set to go up for existing borrowers, with State Bank of India (SBI) and...
RBI Allows MFIs To Fix Interest Rates
Mumbai- The Reserve Bank of India (RBI) on Monday allowed microfinance lenders to fix interest rates on loans with a rider that those should...
J&K Bank Signs MoU With SKIMS For Digital Payment System
SRINAGAR- As part of its strategic drive towards digitalization of banking services, J&K Bank signed MoU with the valley’s premier healthcare institute SKIMS.
The MoU for...
RBI Asks Paytm Payments Bank To Stop Opening New Accounts
Mumbai- The RBI on Friday asked Paytm Payments Bank to stop opening new accounts amid "material supervisory concerns" observed in the bank.
"Reserve Bank of India...
SBI Stops Transactions Related To Russian Entities Under Sanctions
New Delhi- State Bank of India, the nation's largest lender, has stopped processing transactions of Russian entities that have been sanctioned by the West...
RBI Imposes Penalty On 3 Co-Op Banks
Mumbai- The Reserve Bank of India has imposed a penalty on three cooperative banks, including Nagrik Sahakari Bank Maryadit, Raipur, Chhattisgarh, for deficiencies in...
FM Sitharaman Asks Banks To Be More Customer-Friendly
Mumbai- Union Finance Minister Nirmala Sitharaman on Monday said banks need to focus more on being customer-friendly so that the process of availing credit...
J&K Bank Wins ‘Best Digital Financial Inclusion Initiatives’ Award
Will boost our morale as we keep moving towards systemic excellence: MD & CEO
SRINAGAR- Continuing its journey towards excellence, J&K Bank has won the...
‘J&K Bank Q3 Net Profit Jumps Up 164% YoY To Rs 173.95 Cr’
Bank has devised strategic plans to enhance its performance: MD & CEO
SRINAGAR- J&K Bank Net Profit has witnessed a steep rise of 164%YoY in...
‘Banking, Financial Institutions Struggling To Deal With Increasing Fraud Incidents Amid Covid’
NEW DELHI- In the wake of Covid-19 and new digital operations, banking and financial institutions have been struggling to deal with an increasing number...