Banking

Timelines
Yes Bank resumes full banking services as RBI lifts moratorium

18 Mar 2020

Yes Bank resumes full banking services as RBI lifts moratorium

The ailing private lender Yes Bank on Wednesday confirmed that its banking services are now fully operational.

RBI's new rules for debit, credit cards take effect today

16 Mar 2020

RBI's new rules for debit, credit cards take effect today

Starting today, a set of new rules will apply to debit and credit cards to increase security and reduce the risks of cyber fraud.

Yes Bank depositors can now use IMPS/NEFT to pay dues

10 Mar 2020

Yes Bank depositors can now use IMPS/NEFT to pay dues

The crisis-hit lender Yes Bank on Tuesday allowed customers to make certain transactions using instant money transfer services.

Explained: The rise and fall of Yes Bank

06 Mar 2020

Explained: The rise and fall of Yes Bank

Yes Bank depositors panicked when on Thursday, the Reserve Bank of India (RBI) capped cash withdrawals at Rs. 50,000.

#FinancialBytes: What are neobanks? Here's all you need to know

14 Dec 2019

#FinancialBytes: What are neobanks? Here's all you need to know

Neobanks, the new digital-only entrants in the fintech space, have been taking the industry by storm not only in India but across the world.

#FinancialBytes: Five Indian neobanks you should know about

05 Dec 2019

#FinancialBytes: Five Indian neobanks you should know about

Neobanks are the new entrants in the fintech space that are taking the industry by a storm not only in India but across the world.

WhatsApp banking: Here's how you can get started

07 Oct 2019

WhatsApp banking: Here's how you can get started

Catering to over 1.5 billion users, WhatsApp is surely one of the most popular messaging platforms in the world.

#FinancialBytes: SBI Tax Savings Scheme- Interest rate, tenure and more

20 Sep 2019

#FinancialBytes: SBI Tax Savings Scheme- Interest rate, tenure and more

The State Bank of India, India's largest lender, offers many short-term and long-term saving schemes to its customers.

Ahead of bank merger, PNB reduces FD interest rates again

01 Sep 2019

Ahead of bank merger, PNB reduces FD interest rates again

Ahead of its merger with Oriental Bank of Commerce and United Bank of India, the state-run Punjab National Bank (PNB) has revised its fixed deposit (FD) interest rates yet again.

#CareerBytes: Best mobile apps to prepare for Bank PO exams

18 Aug 2019

#CareerBytes: Best mobile apps to prepare for Bank PO exams

The post of a Probationary Officer (PO) is one of the most coveted jobs in the banking sector as it offers job security and a good pay package.

After SBI, Punjab National Bank revises fixed deposit interest rates

01 Aug 2019

After SBI, Punjab National Bank revises fixed deposit interest rates

Days after the State Bank of India announced that it will reduce the interest rates on fixed deposits (FDs), the Punjab National Bank (PNB) also revised its FD interest rates.

Bad news: Your SBI fixed deposit to earn lower interest

29 Jul 2019

Bad news: Your SBI fixed deposit to earn lower interest

In what would come as a shock to many, the country's largest lender State Bank of India (SBI) has sharply reduced its interest rates on fixed deposits (FDs) across all maturities, ranging from 45 days to ten years.

Bengaluru to London, 18,000 global job cuts at Deutsche Bank

09 Jul 2019

Bengaluru to London, 18,000 global job cuts at Deutsche Bank

On Monday, many Deutsche Bank employees left their offices as soon as they walked in, with an envelope from their German employer, attesting their termination.

Forgot SBI Internet banking password? Here's how to reset it

01 May 2019

Forgot SBI Internet banking password? Here's how to reset it

State Bank of India's Internet banking platform offers a range of personal banking services to its users.

Why you should choose credit cards over debit cards

01 May 2019

Why you should choose credit cards over debit cards

On the surface, both credit and debit cards are almost identical- both are plastic money, carry 16-digit card number, expiry date and PIN codes.

#CareerBytes: Career options for those who are weak in mathematics

27 Apr 2019

#CareerBytes: Career options for those who are weak in mathematics

Mathematics is a challenging subject and can be a nightmare for many school students.

Five ways to link your Aadhaar with bank account

26 Apr 2019

Five ways to link your Aadhaar with bank account

The process to link your Aadhaar card with bank account is simple and quite similar for most of the banks.

#FinancialBytes: SBI's NEFT service- All you need to know

21 Apr 2019

#FinancialBytes: SBI's NEFT service- All you need to know

State Bank of India (SBI) offers the convenient facility of electronic money transfer to its customers.

#FinancialBytes: 6 facts you never knew about your credit score

03 Apr 2019

#FinancialBytes: 6 facts you never knew about your credit score

In financial terms, Credit score is a three-digit number that can help determine your chances to get a loan. Banks and other financial institutions often use it to decide whether you should be issued a credit card/loan or not.

#CareerBytes: YouTube Channels to prepare for Bank PO exams

27 Mar 2019

#CareerBytes: YouTube Channels to prepare for Bank PO exams

The post of a Probationary Officer (PO) is one of the most coveted jobs in the banking sector as it offers job security and a good pay package.

Now, withdraw cash from SBI ATMs without card

20 Mar 2019

Now, withdraw cash from SBI ATMs without card

ATM transaction without an ATM card- sounds unreal, right?

#CareerBytes: Telegram Channels and Groups for various government examinations

26 Feb 2019

#CareerBytes: Telegram Channels and Groups for various government examinations

Getting a government job is a dream for many; however, it is getting increasingly challenging in today's competitive environment.

#BharatBandh: How banking services will get affected

08 Jan 2019

#BharatBandh: How banking services will get affected

With the two-day nationwide general strike having commenced, banking services across India could be affected as a significant chunk of government bank employees have joined in on the strike.

#BharatBandh: Millions go on two-day strike against Modi govt's policies

08 Jan 2019

#BharatBandh: Millions go on two-day strike against Modi govt's policies

On Tuesday, millions of workers across India, from both the organized and the unorganized sectors, started their two-day nationwide general strike to protest against unemployment and what they call the Modi government's 'anti-worker' policies.

#BharatBandh: Nationwide strike against Modi govt's policies on Jan 8-9

07 Jan 2019

#BharatBandh: Nationwide strike against Modi govt's policies on Jan 8-9

Ten Central trade unions across India have called for a two-day-long nationwide strike on January 8 and 9 in a bid to protest against what they call "anti-people" policies of the Modi government.

There could be a nation-wide bank strike on December 26

23 Dec 2018

There could be a nation-wide bank strike on December 26

Almost one million bank employees, including those of private banks, have called for a one-day-long nation-wide strike on December 26 to protest against the proposed merger of Vijaya Bank and Dena Bank with Bank of Baroda.

HDFC's old mobile banking app is now live: Details here

05 Dec 2018

HDFC's old mobile banking app is now live: Details here

After trying to patch its buggy mobile app for days, HDFC Bank has decided to return to its predecessor.

BJP condemns protests against decision to convert J&K-Bank into PSU

01 Dec 2018

BJP condemns protests against decision to convert J&K-Bank into PSU

The BJP yesterday condemned the propaganda launched by some Kashmir-based political and other socio-economic organizations against the State Administrative Council's (SAC) decision to convert the J&K Bank into a PSU.

SBI hikes fixed deposit interest rates, effective immediately: Details here

28 Nov 2018

SBI hikes fixed deposit interest rates, effective immediately: Details here

India's largest lender, the State Bank of India (SBI), on Wednesday announced revised interest rates for fixed deposits (FDs), and the new rates will take effect starting immediately.

RBI board meeting: Key issues to be discussed

19 Nov 2018

RBI board meeting: Key issues to be discussed

Amid tensions between the government and the Reserve Bank of India (RBI), the RBI, board, on Monday, started a meeting to try and work out its differences with the government pertaining to policy.

Link mobile-number by November 30, else SBI will block net-banking

17 Nov 2018

Link mobile-number by November 30, else SBI will block net-banking

India's largest lender, the State Bank of India (SBI), has asked its customers to get their mobile numbers registered with the bank by November 30 this year.

#CareerBytes: Tips to prepare for Bank PO exams

11 Nov 2018

#CareerBytes: Tips to prepare for Bank PO exams

The post of a Probationary Officer (PO) is one of the most coveted jobs in the banking sector as it offers job security and a good pay package.

Why you should choose credit cards over debit cards

23 Oct 2018

Why you should choose credit cards over debit cards

On the surface, both credit and debit cards are almost identical- both are plastic money, carry 16-digit card number, expiry date and PIN codes.

ICICI Bank Managing Director Chanda Kochhar quits with immediate effect

04 Oct 2018

ICICI Bank Managing Director Chanda Kochhar quits with immediate effect

ICICI MD &CEO Chanda Kochhar quit on Thursday after the board accepted her early resignation plea. She will leave the bank with immediate effect.

Banks with over 10 branches to have internal ombudsman: RBI

04 Sep 2018

Banks with over 10 branches to have internal ombudsman: RBI

The Reserve Bank of India (RBI) yesterday asked all scheduled commercial banks with more than 10 branches to appoint an internal ombudsman (IO).

Your SBI ATM-card will stop working: Here's how to replace

02 Sep 2018

Your SBI ATM-card will stop working: Here's how to replace

On August 14, the State Bank of India (SBI) had issued a notification to all its customers, asking them to change their old Magstripe debit cards to the more secure, EMV chip cards.

India Post Payments Bank launched: Details here

01 Sep 2018

India Post Payments Bank launched: Details here

On Saturday, at an event in New Delhi, Prime Minister Narendra Modi launched the India Post Payments Bank (IPPB) in a bid to boost banking services in rural areas, and promote further financial inclusion.

Are banks closed for 6 days in September? Know here

31 Aug 2018

Are banks closed for 6 days in September? Know here

Dismissing rumors, the government today said bank branches would remain open next week and there was no need for panic.

Hacking of banking data from sold smartphones is easy: Stellar

29 Aug 2018

Hacking of banking data from sold smartphones is easy: Stellar

At a time when hacking of banking data shows a sharp rise, retrieving your banking details from sold smartphones is a child's play.

99.3% of demonetized-notes worth Rs. 15.31-lakh-crore returned to banks: RBI

29 Aug 2018

99.3% of demonetized-notes worth Rs. 15.31-lakh-crore returned to banks: RBI

As many as 99.3% of the old Rs. 500 and Rs. 1,000 notes, that were banned overnight in November 2016, have been returned, the Reserve Bank of India said in its annual report.