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Bank Strike: Will Your Bank Be Open On March 25? Know Here
Bank Strike March 2025: The strike was initially announced to address various demands, including a five-day workweek, adequate recruitment, stronger laws to prevent attacks on bank employees, and a better work-life balance
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Inclusion Into Startup Initiatives, Risk Mitigating Policies: BWA Lists Web3 Needs for Upcoming Government
The BWA, in a recent announcement, listed some immediate steps that the upcoming government could consider aiming to grow the blockchain-based sector. Providing escrow accounts and banking services for owners of Web3 businesses, allowing offsetting of losses, and reducing the one percent TDS tax law to 0.01 percent are among suggestions given by th...
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Public Sector Banks Managing NPAs Better Than Private Sector: FICCI Survey
Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found.
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"Experienced Tranquillity": PT Usha Visits Sarayu River Ahead Of Ram Temple Event
Ahead of the 'Pran Pratishtha' ceremony in Uttar Pradesh's Ayodhya, Indian Olympic Association (IOA) president PT Usha visited the ghats on the banks of the Sarayu River on Monday.
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From Acer Aspire 5 to Asus TUF Gaming F15 and More: Gaming Laptop Deals You Shouldn’t Miss During Amazon Sale
Amazon Great Indian Festival 2023 Sale has entered its third week in India in a new 'Extra Happiness Days' avatar. The yearly sale that started on October 8 brings discounts on a wide variety of laptops, smartphones, home appliances, and electronic items. Amazon has also associated with different banks to offer additional instant discounts on purch...
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Finance Ministry To Meet Bank Chiefs To Promote Cross-Border Trade In Rupee
Financial Services Secretary Vivek Joshi will be chairing the meeting and is also likely to see attendance from representatives of the Reserve Bank of India and Indian Banks' Association (IBA), sources said.
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Banks Must Appoint Staff Who Speak Local Language, Says Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman on Friday called upon banks to appoint staff who could "speak the local language" and thus urged them to show inclusivity in their recruitment, the Hindu reported.
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RBI Enables Bharat Bill Payment System to Allow Cross-Border Inbound Payments
The Reserve Bank of India (RBI) has enabled the Bharat Bill Payment System (BBPS) to process cross-border inbound payments for the non-resident Indians (NRIs). After the enabling of the inbound payment process, the NRIs no longer need to send money to the India-based accounts of their family members to pay utility bills in India.
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Banking Group Seeks Authorities Probe Into Chip-Based Card Suppliers
The Indian Banks' Association (IBA) has sought a probe by the Competition Commission into possible cartelisation among vendors providing chip-based debit and credit cards to banks.
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Bank Unions' June 27 Strike Deferred
Bank unions on Thursday deferred their proposed June 27 strike as Indian Banks' Association agreed to initiate negotiation talks on their demands
-
Credit Card Rule Change From July 1, Extended To...
RBI has given a three-month extension after June 30, 2022 for provisions related to activating credit or debit cards as well as co-branding norms
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Aadhaar-Enabled Payment System, What Is It?
Aadhaar Enabled Payment System (AePS) is a bank led model which allows online interoperable financial transactions in accounts
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Banks To Hold Talks On Waiving Off Students' Loans For Ukraine Studies
According to Finance Ministry sources, as many as 1,319 students had availed education loan from public sector and 21 private sector banks
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Banks Seek Reduction Of Tax-Free FD Period To 3 Years
Quite in sync with mutual fund products like ELSS, banks have advocated for lowering of fixed deposit tenure to three years to avail tax benefits
-
RBI Extends Card Tokenisation Deadline Till June 30, 2022
Tokenised cards are considered safe for online transactions, as the card details are not shared with the merchant during transaction processing
-
Bank Strike: Will Your Bank Be Open On March 25? Know Here
Bank Strike March 2025: The strike was initially announced to address various demands, including a five-day workweek, adequate recruitment, stronger laws to prevent attacks on bank employees, and a better work-life balance
-
Inclusion Into Startup Initiatives, Risk Mitigating Policies: BWA Lists Web3 Needs for Upcoming Government
The BWA, in a recent announcement, listed some immediate steps that the upcoming government could consider aiming to grow the blockchain-based sector. Providing escrow accounts and banking services for owners of Web3 businesses, allowing offsetting of losses, and reducing the one percent TDS tax law to 0.01 percent are among suggestions given by th...
-
Public Sector Banks Managing NPAs Better Than Private Sector: FICCI Survey
Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found.
-
"Experienced Tranquillity": PT Usha Visits Sarayu River Ahead Of Ram Temple Event
Ahead of the 'Pran Pratishtha' ceremony in Uttar Pradesh's Ayodhya, Indian Olympic Association (IOA) president PT Usha visited the ghats on the banks of the Sarayu River on Monday.
-
From Acer Aspire 5 to Asus TUF Gaming F15 and More: Gaming Laptop Deals You Shouldn’t Miss During Amazon Sale
Amazon Great Indian Festival 2023 Sale has entered its third week in India in a new 'Extra Happiness Days' avatar. The yearly sale that started on October 8 brings discounts on a wide variety of laptops, smartphones, home appliances, and electronic items. Amazon has also associated with different banks to offer additional instant discounts on purch...
-
Finance Ministry To Meet Bank Chiefs To Promote Cross-Border Trade In Rupee
Financial Services Secretary Vivek Joshi will be chairing the meeting and is also likely to see attendance from representatives of the Reserve Bank of India and Indian Banks' Association (IBA), sources said.
-
Banks Must Appoint Staff Who Speak Local Language, Says Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman on Friday called upon banks to appoint staff who could "speak the local language" and thus urged them to show inclusivity in their recruitment, the Hindu reported.
-
RBI Enables Bharat Bill Payment System to Allow Cross-Border Inbound Payments
The Reserve Bank of India (RBI) has enabled the Bharat Bill Payment System (BBPS) to process cross-border inbound payments for the non-resident Indians (NRIs). After the enabling of the inbound payment process, the NRIs no longer need to send money to the India-based accounts of their family members to pay utility bills in India.
-
Banking Group Seeks Authorities Probe Into Chip-Based Card Suppliers
The Indian Banks' Association (IBA) has sought a probe by the Competition Commission into possible cartelisation among vendors providing chip-based debit and credit cards to banks.
-
Bank Unions' June 27 Strike Deferred
Bank unions on Thursday deferred their proposed June 27 strike as Indian Banks' Association agreed to initiate negotiation talks on their demands
-
Credit Card Rule Change From July 1, Extended To...
RBI has given a three-month extension after June 30, 2022 for provisions related to activating credit or debit cards as well as co-branding norms
-
Aadhaar-Enabled Payment System, What Is It?
Aadhaar Enabled Payment System (AePS) is a bank led model which allows online interoperable financial transactions in accounts
-
Banks To Hold Talks On Waiving Off Students' Loans For Ukraine Studies
According to Finance Ministry sources, as many as 1,319 students had availed education loan from public sector and 21 private sector banks
-
Banks Seek Reduction Of Tax-Free FD Period To 3 Years
Quite in sync with mutual fund products like ELSS, banks have advocated for lowering of fixed deposit tenure to three years to avail tax benefits
-
RBI Extends Card Tokenisation Deadline Till June 30, 2022
Tokenised cards are considered safe for online transactions, as the card details are not shared with the merchant during transaction processing
