Gold and Silver Prices down
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The cost of gold has reduced Rs.24 Per Sovereign on Thursday evening (Jan 9 , 2014).
Trade Union will press for 9.5% interest on Provident Fund deposits from EPFO – Employees Provident Fund Organization. There are over 5 Crore subscribers.
The Reserve Bank of India is proposing to set up special banks for low income groups to facilitate every Indian resident over 18 years of age to have a bank account.
ICICI Bank New Application on Facebook
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ICICI introduced a new application on Facebook called Pockets by ICICI Bank, that allows you to access your bank account from Facebook.
Gold price increased in Chennai
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The cost of gold has increased Rs.8 Per Sovereign on Tuesday morning (Jan 7, 2014).
Advanced Technologies in Banking Year
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Many various technological interventions in the banking arena like e-banking (e-lobbies), allows people to burn without bankers and say goodbye to the tedious task for cash deposits, passbook updation, cheque book request and deposits.
Gold price increased Rs.24 Per Sovereign
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The cost of gold has increased Rs.24 Per Sovereign on Monday morning (Jan 6, 2014).
On Friday, the Commerce and Industry Minister, Anand Sharma, said that the government will curtail the gold import in order to hit a balance among the demands.
Indian Bank revised FCNR deposit rates
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Indian Bank has revised interest rates on FCNR (B) term deposits with effect from January 1, 2014.
Indian Overseas Bank on Friday have launched ‘Connect Card’ a new ATM-cum-debit card in association with VISA that can be used for e-commerce across five lakh merchant outlets.
Petrol and Diesel prices hiked
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Petrol price was on Friday hiked by 75 paise and diesel by 50 paise a litre as a rise in global oil rates and fall in the rupee value increased the cost of production.
Charges to Acquire Money from ATM
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Every bank has decided to collect charges from the customers at each time, when they acquire money from the ATM centers.
To give a clear view to the public, the Indian Reserve Bank has declared its news recently, that the public should not get worried about these rumors and they can freely use their rupee notes for transactions.
