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Government Asks Larger Public Banks To Merge Small Banks

Indian Banking system is currently focused under the cloud of merger and each day started with a fresh rumor. Now Finance Ministry...

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Banking News

Aadhaar is Now Must for Opening Bank Accounts

Government in India has made Aadhaar Number mandatory for opening Bank accounts and conducting any financial transaction of more than Rs 50,000....

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Banking News

NPCI To Launch Rupay Credit Card Soon

National Payment Corporation of India (NPCI) has today announced that they are prepared to launch Rupay Credit very soon within a month....

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Banking News

Four Public Sector Banks are about to Merge by December

Finance Ministry, Government of India has announced the deadline for additional four public sector bank (PSB) merging by December this year. This...

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Government Advocates Region Wise Merging of Public Sector Banks

Government is propagating New Idea for Merging the Public Sector Bank on each new day. This time they have floated the concept...

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Banking News

Next Round of Public Sector Bank Merger Coming Very Soon

Government of India, Ministry of Finance has hinted today that next round of Public Sector Bank merger is coming very soon, where...

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Banking News

Payee Has To Pay the 100% Penalty on Cash Payment above Rs 2 Lacs

The government has banned cash transactions of Rs. 2 lakh or more from April 1, 2017, through the Finance Act 2017, Now...

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Banking News

Why To Put Taxpayer Money After Bad Public Sector bank ? Said Uday Kotak

Kotak Mahindra Bank chairman, Uday Kotak has said that why Government is unnecessary putting Taxpayer Good money for bad strategic loan of...

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