No MDR charges on Debit Cards, BHIM UPI Transactions at Merchant PoS
Government of India has decided to waive the merchant discount rate (MDR) applicable on all debit cards, BHIM, AEPS and UPI transactions up to Rs 2,000.
RBI levies Rs 2-5 crore penalty on Few Banks
Reserve Bank of India (RBI) has imposed a whopping Rs 5 crore penalty on Public sector lender Syndicate Bank and Rs 2 crore penalty on
CBI launches AML probe against UCO Bank for Rs 20,000 crore hawala scam
State run bank UCO bank is under CBI and Enforcement Directorate (ED) scanner for Rs 20,000 crore hawala scam. ED sought help of CBI on
Top Reasons – Why Bitcoin is a Risky Investment ?
Bitcoin is a buzzing word. Every one is talking about Bitcoin and its recent surging in value. The recent appreciation in the value of Bitcoin
Are these Seven Banks Hotlisted for Merging ?
Public Sector Bank merging is the need of the hour and panel on state run bank merger headed by finance minister has directed the banks to
Bank Union Filed Petition in Supreme Court Against Aadhaar Services
Union of Bank employees have filed a petition against Aadhaar Related services including setting up enrollment center in the Supreme Court. Bank Union has stated
Post Merger – Government Wants To Keep 10-15 Big Size Public Sector Banks
If rely on the word of Sanjeev Sanyal, Principal Economic Advisor, Finance Ministry – Government wants to have 10-15 public sector banks with government’s majority stake,
Finance ministry Issued Notices to Public Sector Bank’s To Start Merging
Based on the recent cabinet approval for merging of Public Sector Banks in India, Finance Ministry has issued the notices and written letter to all heads
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