Reserve Bank of India introduced Public Tech Platform for Effortless Credit Access
The Reserve Bank of India (RBI) is embarking on a pioneering journey to revolutionize credit access through the launch of the Public Tech Platform on...
MAS Team | 18 August 2023
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Reserve Bank of India Issued New Guidelines on Loan Account Penalties
The Reserve Bank of India (RBI) has taken a significant step to reform the way penalties are levied on loan accounts.
MAS Team | 18 August 2023
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Indian Government Launched CRCS-Sahara Refund Portal for Cooperative Societies Depositors
The Indian government has initiated the process of refunding Rs5,000 crore to depositors whose funds are stuck in four cooperative societies of the...
MAS Team | 19 July 2023
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Lightweight Payment System proposed by RBI will ensure Secure Transactions in Extreme Situations
The Reserve Bank of India (RBI) is preparing to revolutionize the Indian payment landscape with its innovative lightweight payment and settlement...
MAS Team | 01 June 2023
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PAN Mandatory for Cash Deposits of Rs2000 Notes Exceeding Rs50,000
The Reserve Bank of India (RBI) has recently withdrawn the Rs2000 notes from circulation, and individuals who possess these notes now have two...
MAS Team | 24 May 2023
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DCB bank hiked FD rates upto 8.50% for senior citizens from 16th Feb 2023
The interest rate on fixed deposits under Rs2 Cr has increased at the private sector lender DCB Bank.
MAS Team | 16 February 2023
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Canara bank has hiked FD interest rates for individuals and senior citizens
Canara Bank has increased interest rates on fixed deposits under Rs2 crore. According to the bank's official website, the new rates are in effect...
MAS Team | 20 January 2023
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ICICI Bank launches ‘iBox’, a unique self-service delivery facility for customers
ICICI Bank has launched a unique self-service delivery facility, enabling its customers to collect their deliverables such as debit card, credit...
MAS Team | 31 January 2020
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Home Buyers seek government intervention against Jaypee Infra.
Jaypee Infratech home buyers on Sunday urged the Indian government to direct IDBI Bank to back the state-run NBCC's bid for the purchase of the...
MAS team | 24 June 2019
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RBI proposes to change the ATM transaction charges for other bank ATMs
The ATM charges for cards used in other bank ATMs are likely to increase. The Reserve Bank of India in its monetary policy announced on 6 June 2019,...
MAS Team | 06 June 2019
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RBI allows banks to use Aadhaar with customer’s consent for KYC purpose
Reserve Bank updated its list of documents required for identification of individuals, thereby including Aadhaar which can be used for verification...
MAS Team | 30 May 2019
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ATM Skimmers Loot Rs10 lakh in East Delhi
A dozen people holding accounts in different banks in east Delhi lost almost Rs10 lakh in a suspected skimming attack after having swiped their cards...
MAS Team | 13 April 2019
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Government confident debit card charges will decline
MAS Team | 10 February 2017
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Bank officers will be eligible for paternity leave from 1st June
Bank officers with less than two surviving children will be eligible for 15 days’ paternity leave
MAS Team | 29 May 2015
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RBI grants second Schedule status to HPSCB
Himachal Pradesh State Cooperative Bank (HPSCB) has been granted the second Schedule status by the Reserve Bank, making it equivalent to other...
MAS Team | 19 December 2014
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PIL alleges fraud at CKP Bank
A public interest litigation filed in the Bombay High Court has alleged a Rs500 crore fraud at the Mumbai-based CKP Cooperative Bank through illegal...
MAS Team | 16 September 2014
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RBI issues draft norms for small banks, payment banks
Reserve Bank of India issued draft guidelines for setting up of 'local feel' small banks, which will disburse small-ticket loans to farmers and...
MAS Team | 18 July 2014
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