Banking
SBI launches ‘Kavach’ personal loan for COVID-19 affected patients
On Friday, the State Bank of India launched a collateral free loan named Kavach Personal Loan. The pandemic has made…
Banking
Banking
Banking
Risk-Based Internal Audit rules to HFCs extended by RBI
The Risk-Based Internal Audit (RBIA) rules were extended on June 11 by the Reserve Bank of India to all deposit-taking…
Banking
Erstwhile Syndicate Bank branches to change IFSC codes from July 1 2021
After the announcement made by the erstwhile syndicate Canara bank too announced the discontinuation of current swift code being used…
Banking
CBI raids Gautam Thapar on a fraud case of Rs 466 crore
Founder of the Avantha Group, billionaire Gautam Thapar have been raided by the Central Bureau of Investigation on the basis…
Banking
Axis Bank: Changes to occur in SMS alerts charges from next month
Private area loan specialist Axis Bank made some major changes in the SMS alert charges for its various account holder.…
Banking
Fixed deposit rates revised by Yes Bank
An interest rate of 6% will be fetched by the term deposits maturing in 1 year to less than 2…
Banking
RBI penalises PNB and BOI for fraud detection
The Reserve Bank of India(RBI) has imposed penalties on two Indian banks. While a penalty of Rs 4 crore has…
Banking
UCO Bank share soar up 6 percent following its appeal to RBI to withdraw PCA tag
The UCO Bank increased around 6 percent share on Tuesday. Following, the state owned lender appeal to RBI to take…
Banking
YES Bank shares jumps by more than 10% today
The bank saw an increase of up to 10.63% in shares today, against the previous close of Rs 13.73 on…
Banking
Yes Bank plans to raise funds by means of bonds in Indian or foreign currencies
Yes Bank mentioned on Monday that it is planning to issue debt security in order to raise funds in Indian…
Banking
Centre may propose to sell its stake in Central bank and IOB for privatization
As a part of mega privatization initiative disclosed in the Union Budget in February, the Centre may propose to sell…
Banking
Income Tax Department to launch a new e-filing portal
On 7th June 2021, the Income Tax Department will launch a new e-filing portal. The new portal “www.incometax.gov.in” seeks to…