Category: Banks

Raising Frauds in Banking Sector

The number of frauds in the banking sector have increased by more than 10 per cent over the last two years, with retail banking witnessing highest number of incidents, says a report by consultancy firm Deloitte. “While the banking sector…

Indian Post office Applied for Bank

The Department of Posts (Indian Post office) submitted application before the RBI for a license to offer full-fledged banking services. ‘We have approached RBI today and hopefully having met all the conditions of RBI, an in-principle approval might be given.…

Quick tips on choosing the right bank for your savings

No matter how small or big you are earning, it is important to set aside a certain amount of your earnings for the needed savings. Whether you earn more or you earn less, you should do your best to save for unexpected expenses. But have you figured out where you shall put your savings? Have you chosen a certain bank where you shall open any savings account you want to have?