Banks are planning to raise transaction charges to discourage cash transactions after recent demonetization.
Banks to raise Cash Transaction fees.
Category: Banks
Senior Citizen Saving Schemes Offered by Different Banks
Senior Citizen Saving Scheme is all time favorite investing option for citizens with age group 60+. Not only it offer higher interest rates but also offers feeling of secured investment at the critical stage of life where you can not…
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…
Relief for Credit Card Customers
If you are a credit card holder, here is good news for you – If your credit card payment is delayed, you will now get more time before the bank charges a late payment fee, as the Reserve Bank of…
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?