Axis Bank Hikes Charges for Auto Debit Failure, Additional Cheque Book, Non-maintenance of Bank Balance
Private sector lender Axis bank has revised several service charges for its savings bank account holders.
MAS Team | 27 May 2022
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RBI Directs Banks To Offer Cardless Cash Withdrawal Facility Across All ATMs
The Reserve Bank of India (RBI) has asked all banks to provide customers with the option of Interoperable Cardless Cash Withdrawal (ICCW) at their...
MAS Team | 21 May 2022
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NEFT, RTGS Facility For Post Office Savings Account Holders Finally Operational
Post office savings account holders can start transferring money electronically now. According to a Department of Post circular issued on May 17,...
MAS Team | 21 May 2022
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Yes Bank Hikes FD Premature Withdrawal Penalty
Yes Bank has stated on its website that it will impose a penalty charge for premature withdrawals for fixed deposits under 181 days.
MAS Team | 13 May 2022
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India Post Warns Customers Of Fraud Websites Claiming To Offer Subsidies
The Department of Post (DoP) has warned its customers by sending SMSs asking them not to fall prey for fraudulent claims offering government...
MAS Team | 29 April 2022
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SBI Warns About Digital Security: Shares Guidelines for Customers
State Bank of India (SBI) has asked customers to be safe and secure when doing online transactions.
MAS Team | 29 April 2022
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RBI Imposes Penalties on Axis Bank, IDBI Bank
Reserve Bank of India on Friday said it has imposed a penalty of Rs 93 lakh on Axis Bank for various violations, including those related to KYC...
MAS Team | 10 April 2022
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RBI Investigating Complaints Against BNPL Players
The Reserve Bank of India on Friday said that it was looking at a series of complaints against digital lenders, where customers found that they were...
MAS Team | 10 April 2022
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RBI Holds Repo Rate, Cuts Growth, Raises Inflation Forecast
The Reserve Bank of India’s (RBI) monetary policy committee (MPC) kept the repo rate unchanged at 4%, for the 11th consecutive time, while...
MAS Team | 10 April 2022
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RBI Releases Booklet on Modus Operandi of Financial Frauds
The Reserve Bank of India has published a booklet titled BE(A)WARE – Be Aware and Beware! to educate the customers on how to remain safe from...
MAS Team | 26 March 2022
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Banking, Postal Services May Be Hit As Staff Unions Plan To Go On Strike On 28th & 29th March
The country's largest lender State Bank of India has said banking services may get impacted to an extent as various employees' unions have called for...
MAS Team | 26 March 2022
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RBI Lifts All Restrictions On HDFC Bank's New Digital Launches
The Reserve Bank of India (RBI) has lifted the restrictions imposed on HDFC Bank regarding its business generating activities planned under the...
MAS Team | 17 March 2022
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RBI Warns People Against Online Buying Of Old Coins, Notes
The Reserve Bank of India (RBI) has cautioned the public against falling prey to offers to buy or sell old banknotes and coins.
MAS Team | 17 March 2022
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India Post Announces New Savings & Interest Rules, Changes To Be Implemented From 1st April
The government has notified that the depositors in the Monthly Income Account (MIS), Senior Citizen Savings Scheme (SCSS) and Time Deposit (TD)...
MAS Team | 17 March 2022
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RBI Bans Paytm Bank From Onboarding New Customers
The central bank has barred SoftBank-backed Paytm Payments Bank from adding new customers due to likely gaps in its technology systems, potentially...
MAS Team | 12 March 2022
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UPI Based Transfer via Aadhaar OTP to be Allowed by Banks
Banks will allow account holders the option of activating the Unified Payments Interface (UPI) service using Aadhaar and OTP instead of a debit card.
MAS Team | 12 March 2022
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SBI alerts customers about KYC fraud
“Dear customer, your SBI Bank account has been suspended for KYC, please complete your KYC 10 minutes promptly by clicking this link.” If...
MAS Team | 04 March 2022
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SBI Alerts Customers About Phishing Fraud; Here Are Prevention Guidelines by SBI
The State Bank of India (SBI) has issued a warning to its customers about phishing links. SBI has issued a press release listing out what the...
MAS Team | 26 February 2022
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SBI Special Fixed Deposit (FD) Scheme For Senior Citizens Extended Till September 2022
The country's largest lender State Bank of India (SBI) has once again extended the special deposit scheme for senior citizens.
MAS Team | 18 February 2022
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Two Banks Revise FD Interest Rates After RBI Keeps Monetary Policy Unchanged
The Reserve Bank of India (RBI) decided to keep the repo and reverse repo rates unchanged at its bi-monthly monetary policy review announced on 10...
MAS Team | 12 February 2022
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Dear Investor,
In case of any grievance / complaint :
In case of any grievance / complaint :
- Please contact Compliance Officer Pankaj Raheja at [email protected] and Phone No. - 91-22-35131664.
- You may also approach CEO Debashis Basu at email- id [email protected] and Phone No. - 91-22-35131664.