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...
Third Wave Of Covid-19 To Pose Risk To Asset Quality Of Banks: ICRA Report
MUMBAI- The threat of third wave of COVID-19 poses high risks to banks asset quality, especially the restructured loan book, according to a report...
RBI Allows Offline Digital Payments
Mumbai- To push digital transactions in rural and semi-urban areas, the Reserve Bank of India (RBI) on Monday issued a framework allowing offline payments...
ATM Service Charges Increase, To Cost Rs 21 Per Transaction
NEW DELHI- Automated Teller Machines (ATMs) beyond the permissible free transactions for cash as well as non-cash purposes became more expensive from Saturday.As per...