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India’s largest lender has announced to link the Savings bank account having more than Rs 1 lakh balance with the RBI’s repo or short-term lending rate for interest payment. Due to the linking of Repo rate with the saving bank account interest rate, the account holder will earn a 0.25% less interest from 1st May […]
ET reported that the post election, Finance Minister is likely to hold discussions soon about next round of consolidation, which is expected in second or third quarter of this fiscal year. Finance Ministry officials are saying that it is not necessary for merger to be a tripartite merger and will now look at different and […]
After amalgamation of Public Sector Bank i.e. Vijaya Bank and Dena bank with Bank of Baroda, the government is closely watching how the Bank of Baroda-Vijaya Bank-Dena Bank merged entity is working out. Sources said some other combinations are already in process but since to proceed on concrete proposals, it needs the approval of the […]
Syndicate Bank in association with VISA has provided the facility for making electricity bills payment at BESCOM via VISA Checkout. This facility is enabled for all the VISA Debit Card holders of the bank. The maximum payment amount using VISA Checkout is Rs 2,000. Read – How To Pay SyndicateBank Credit Card Bills Using Internet Banking […]
PayTm money – an arm of eWallet Paytm has received Securities & Exchange Board of India (Sebi) to start stock broking services. Entry of Paytm in the broking services is seen as threat to other discount broking firms like Zerodha or Angel broking etc. Many of the leading retail stock broking firms have started offering […]
Syndicate Bank, a public sector bank in India has provided the facility to contribute the Indian Army Battle Casualties Welfare Fund using UPI (Unified Payment Interface) i.e. SyndUPI. The donation can be made using any of the UPI supported application like SyndUPI, BHIM, PhonePe, PayTm etc. Payment can be made to the UPI VPA [armywelfare(at)syndicate]. […]
Axis Bank MD & CEO Amitabh Chaudhry has shown his interest in acquiring any of the Public Sector Bank at right time and right price. Axis Bank is the third largest private sector bank in the country. MD and CEO Amitabh Chaudhry who took the helm on January 1, 2019, feels the bank can improve […]
Public Sector ‘Syndicate Bank’ is adjusted as the Best Bank to work in India as per Forbes list 2019. Banks were rated on general satisfaction and key attributes like trust, fees, digital services and financial advice. First time, the best bank list is published by Forbes on the basis of customer satisfaction and not on […]
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