News at a Glance
How the new norms affect the home loan interest from next year April?
Reserve Bank of India has regulated the interest calculation of home loans to be entirely based on external benchmarks such as Treasury bill rates and repo rates.
Posted On :15/Dec/2018 1:02:05 PM
Bank employees to go on strike on 26th Dec protesting against the merger of 3 banks
The bank employees are set to go on a token 1-day strike on 26th December protesting against the central governments proposal for the merger of 3 banks.
Posted On :15/Dec/2018 12:41:52 PM
New cash withdrawal norms from SBI for ATMs
State Bank of India (SBI) sets new norms for ATM withdrawals to specific customers. SBI devises monthly a fixed number of transactions for the customers without any service charges.
Posted On :14/Dec/2018 3:02:27 PM
Beware of fake refund messages warns Income Tax Department of India
Many campaigns and notifications are passed around the public for the awareness of fraudulence in terms of cyber relates crimes. One of the main concern for the IT department is to bring notice.
Posted On :14/Dec/2018 12:19:57 PM
Shaktikanta Das assumes office as the new Governor of the Reserve Bank of India
Urjit Patel, who was the Governor of the Reserve Bank of India, submitted his resignation all of a sudden. Subsequently, the central government has appointed Shaktikanta Das as the new Governor of RBI.
Posted On :12/Dec/2018 11:48:47 AM
Urjit Patel resigns from the position of RBI Governor
Stating specific personal reasons, Urjit Patel has relieved himself down from the position of Reserve Bank of India (RBI) Governor. The resignation is speculated as a result of increasing heat between the Finance Ministry.
Posted On :11/Dec/2018 9:55:51 AM
SBI extends the deadline for free petrol scheme
The recent update form State bank of India (SBI) confirmed about the extension of deadline to avail the free 5 liters petrol offer for Indian Oil Customers.
Posted On :06/Dec/2018 2:30:25 PM
Market decides the home loan from April 2019
The recent update from RBI informs the home loan pricings being entitled to market decisions and not by the banks itself, for any kind of individual and enterprise needs.
Posted On :06/Dec/2018 1:04:47 PM
Cash transaction at ATMs through UPI app
New update of QR scanning with bank accounts will provide the users an option to withdraw cash Automated Teller Machines with simple scan.
Posted On :06/Dec/2018 12:41:18 PM
RBI keeps repo rate unchanged
In its December policy review, the Reserve Bank of India has decided to retain the same repo rate at 6.5 percent. Also, the reverse repo rate is kept the same at 6.25 percent.
Posted On :05/Dec/2018 4:56:37 PM
JB Soft System