banking

RBI refines standards for upgrading accounts classified under NPAs

The RBI has said the lenders have to follow these instructions by December 31, 2021, as new loans are affected, but in the case of enduring loans, these directions should be followed as and when such loans become due for renewal/review.

Federal Bank introduces credit card variants for digital payments through Visa

Commenting on the specifications MD & CEO of Federal Bank Shyam Srinivasan said, Card issuances will be "digital-first" through a "three-click" instant credit card approach and the cards will be immediately available for use in the bank’s mobile app FedMobile.

RBI to make changes in ATM withdrawal, salary, EMI, others from August 1

The implementation of Doorstep service charges, changes in salary, EMI, increased cash withdrawal charges and updated charges of ICICI bank will not just change the personal finance but will transform the entire economy.

Things you might not know about your PPF Account!

HDFC Q3 Results: 65% decline in net profit to Rs 2,925.8 crore, revenue falls 42%

National Bank likely to be part of Budget 2021 & may have authorised sum of Rs 1 lakh crore

Yes Bank’s Q3 Net Profit rises by 16.5% to ₹151 crore

SBI Life Insurance Q3 net profit drops by 40.2% to ₹233 crore

Yes Bank launches Yes MSME with tempting offers

ICICI collaborates with Niyo to issue prepaid cards to MSMEs

Infosys bags Mongolian XacBank’s contact to provide digital solutions

Raghuram Rajan & Viral Acharya criticize RBI’s move to allow corporates in banking

RBI’s Internal Working Group provides permit to corporate entities into banking

Aiming at underbanked users in India, True Balance, South Korean startup raises $28 million

LVB depositors’ money is safe, RBI’s appointed administrator guarantees