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IDBI Stake Sale – RBI Suggests IDBI to Come Out of PCA Framework

IDBI Stake Sale Latest News - RBI suggests IDBI Bank to come out of PCA framework before proposed stake sale : Reserve...

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IFSC Search – Bank of Baroda New IFSC, MICR Code for Vijaya Bank in Bihar

IFSC Search - Bank of Baroda New IFSC, MICR Code for Vijaya Bank in the state of Bihar. The new IFSC code...

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What is Positive Pay System For Cheque Clearing, Know the Charges ?

Positive Pay System of making payment to high value Cheques in Clearing or The Cheque Truncation System (CTS) -  To further augment...

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Bank Charges on Unsuccessful ATM Transactions

Very few customers know that the Bank Charges on Unsuccessful ATM Transactions also - There are some banks which are charging a...

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RBI Bans HDFC Bank from Issuing Credit Cards

RBI Bans HDFC Bank from Issuing Credit Cards and other new digital products. The bank has informed the stock exchange that the...

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OTP is Mandatory For SBI ATM Cash Withdrawal

In order to curb the fraud, the State Bank of India has made OTP is Mandatory For SBI ATM Cash Withdrawal. All...

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EPFO to Pay 8.5% Interest For FY20 in two Installments

EPFO fails to pay interest on time - The Employees’ Provident Fund Organisation (EPFO) decided to postponed the credit interest rate to...

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Who is a Beneficial Owner (BO) in the Banking Accounts ?

Explained - Who is a Beneficial Owner (BO) in the Banking Accounts - As per the guidelines by Prevention of Money-Laundering Act,...

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