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ATM may close at night, RBI approval awaited
  IBA (Indian Banks Association), apex body of govt and private banks decided to close low hit ATMs at night to reduce security expenses.    Read  
  By: RajeevPlace: Mumbai29 Dec 2013Indian Banking::ATM & Debit CardView 
ATM PIN number mandatory in India for debit card use from 1 December 2013
  Debit Card or ATM card transaction cannot be completed without use of ATM PIN in India from 1 December 2013    Read  
  By: Manish KumarPlace: New Delhi01 Dec 2013Indian Banking::ATM & Debit CardView 
India s first women bank Bharatiya Mahila Bank(BMB) launch expected on 19 November
  India s first bank for female customers by female staff is going to be launch on 19 November 2013 on occasion of birthday of former Indian female Prime Ministe..    Read  
  By: EktaPlace: New Delhi04 Nov 2013Indian Banking::CorporateView 
RBIs Mor Committee on Comprehensive Financial Services for Small Businesses and Low-Income Househ
  RBI has constituted a 13 member committee on Comprehensive Financial Services for Small Businesses and Low-Income Households    Read  
  By: Manish KumarPlace: New Delhi02 Oct 2013Indian Banking::Customer ServiceView 
Bank will bear card fraud cost from October 2013
  RBI has directed banks in India to bear card fraud cost from October 2013. Banks are given time to comply with RBI Mandated security features at point of sales ..    Read  
  By: RajivPlace: New Delhi29 Sep 2013Indian Banking::ATM & Debit CardView 
Zero Percent Interest Rate Scheme for purchase of goods banned by RBI
  RBI Governor Mr Raghram Rajan has taken move towards money snatching by consumer goods sellers with connivance of some banks by selling goods on zero percent sc..    Read  
  By: EktaPlace: New Delhi28 Sep 2013Indian Banking::ATM & Debit CardView 
Indian Bank Ex-CMD and 14 Bank Officials get one year Jail
  Indian Bank Ex-CMD and other 14 Bank officials were found guilty of conspiracy, criminal breach of trust, misconduct and cheating under various provisions of th..    Read  
  By: Manish KumarPlace: New Delhi13 Sep 2013Indian Banking::Fraud and BurglaryView 
Top Seven Banks including ICICI, HDFC, and SBI warned by TRAI for unauthorized SMS and phone call ma
  TRAI, the telecom regulator in India has warned last day seven top banks of India against unauthorized SMS and phone calls made through unregistered telemarkete..    Read  
  By: RanjanPlace: New Delhi22 Aug 2013Indian Banking::Customer ServiceView 
Banks to update KYC data once in two yrs for high risk and 10 yrs for low-risk
  Banks are allowed relaxations by Reserve Bank of India for updation of know-your-customer (KYC) data. Reserve Bank of India said on Tuesday, that Banks would ..    Read  
  By: Anurag (Source: Business Standard)Place: Mumbai24 Jul 2013Indian Banking::KYCView 
Punjab & Sind Bank reduces lending rate by 0.26% to 9.99%
  Punjab & Sind Bank has reduced its base rate by 0.26% to 9.99 per cent effective from August.    Read  
  By: Anurag (Source: Business Lines)Place: New Delhi20 Jul 2013Interest Rate::Base RateView 
What Education Qualification Required for Bank PO: IBPS 3rd CWE 2013 Exam?
  Educational Qualifications required to apply for IBPS 3rd CWE Bank PO/MT 2013 Exam: Institute of Banking Personnel Selection (IBPS), the official authority f..    Read  
  By: Raj Kumar (Source: IBPS)Place: New Delhi15 Jul 2013Bank Jobs::IBPS 3rd CWE PO/ MT 2013View 
SBI launches card to receive the remittance directly; State Bank Xpress Money Card
  State Bank of India, Indias largest bank, has launched State Bank Xpress Money Card which will enable the holder to receive the remittance directly on the card.    Read  
  By: Anurag (Source: Business Lines)Place: Mumbai09 Jul 2013Credit Cards::New ProductsView 
RBI campaign to promote awareness on provisions of FEMA
  Reserve Bank of India has launched campaign to promote awareness of the provisions of the Foreign Exchange Management Act (FEMA).    Read  
  By: Anurag (Source: Business Lines)Place: Vishakapatanam06 Jul 2013International Banking::General BankingView 
Bank of India reduced base rate from 10.25 to 10%
  Bank of India, a public sector lender has announced reduction in base rate by 25 bps effective from July 8.    Read  
  By: Anurag (Source: Business Lines)Place: Mumbai04 Jul 2013Interest Rate::Lending RatesView 
Ombudsman: Complaints registered lower than bank branches this year
  Banking Ombudsman Sujatha E. Prasad observed that numbers of complaints received by the Ombudsman Cell in the Coimbatore region are 280 as compared to number of..    Read  
  By: Anurag (Source: Business Lines)Place: 29 Jun 2013Indian Banking::CorporateView 
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