Bank of Baroda (BOB) has introduced 2 new premium debit cards for its customers. One of these is BoB World Opulence. This is a Metal Edition Super Premium Visa Infinite Debit Card. The second premium debit card of the bank is BoB World Sapphire. This is a Visa Signature Debit Card. Both these new premium…
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According to bankers and merchants, the Indian reserve bank is expected to extend a deadline set for firms to add a second layer of protection for customer credit card information even if certain concerns about rejected payments and revenue losses continue on Friday. Smaller merchants have asked for a postponement of the compliance date, but…
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The main objective of the new version of the platform is to provide better security to the customers and provide them with a convenient and secure online banking experience. SBI launches ‘SIM Binding’ feature for YONO: Recently, India’s largest lender State Bank of India (SBI) has introduced a new and advanced security feature called ‘SIM…
Recently, the Reserve Bank of India has imposed a penalty of Rs 10 crore on HDFC Bank for deficiencies in regulatory compliance found in the bank’s auto loan portfolio. According to RBI, HDFC Bank has violated the provisions of Section 6(2) and Section 8 of the Banking Regulation Act, 1949. After receiving a complaint from…
SBI Mutual Fund (MF) on Thursday said its asset base has crossed Rs 5 lakh crore mark in the March quarter, becoming the first fund house in the country to achieve such a feat. Recently, SBI Funds Management Private Limited has stated that it has become the first mutual fund house in India to cross…
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RBI says that SBI has not followed the instructions issued while making payments to bank employees, due to which it has been fined. Recently, the Reserve Bank of India (RBI) has imposed a fine of Rs 2 crore on the country’s largest bank ‘State Bank of India’ (SBI) for violating the Bank Regulation Act. The…
ICICI Bank has partnered with Greater Chennai Corporation (GCC) and Chennai Smart City Limited (CSCL) for the launch of the Namma Chennai Smart Card. Recently, Tamil Nadu Chief Minister K. Palaniswamy has launched an RU-Pay-powered ‘Namma Chennai Smart Card’ in Chennai on 23 February. ICICI Bank has partnered with Greater Chennai Corporation (GCC) and Chennai…
RBI included the State Bank of Sikkim under its regulatory ambit Recently the Reserve Bank of India (RBI) has included the State Bank of Sikkim under its regulation. Till now, RBI had the right and obligation to act as a banker to all the state government except the state government of Sikkim. Now the bank…
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The Reserve Bank released the third bi-monthly monetary policy statement of 2020-21 Recently, the third meeting of the Reserve Bank of India Monetary Policy Committee for the year 2020-21 was held on 7, 8 and 9 October. The Reserve Bank of India (RBI) Governor Shaktikanta Das announced important policy decisions of the Reserve Bank’s third…
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टाइटन-SBI ने भारत की पहली कांटेक्टलैस पेमेंट घड़ी “टाइटन पे” की लॉन्च Recently Titan Company together with State Bank of India (SBI) launched India’s first contactless payment watch “Titan Pay”. SBI account holders can tap Titan Pay Watch on contactless payment POS machines to make payments. It is operated by YONO SBI. (हाल ही में टाइटन…
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