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Canara Credit Card EMI Through Canara Saathi App – Canara Bank’s new credit card self service app ‘Canara Saathi’ is available on iStore & Android. Any Canara Banks’ customer having a credit card along with registered mobile number for SMS Banking can avail this facility. Canara Saathi apps is providing an option to users to convert […]
Authenticate Loan Records by borrowers of different banks on NeSL – Recently SyndciateBank customers has started receiving mail for authentication of loans on NeSL or National e-Governance Services Limited. All types of loans like Mortgage loan, Housing Loan, Vehicle Loans etc are needed to be authenticated on NeSL as per the provisions of the IBC and […]
New Type of Banking Fraud – A new modus operandi came to the notice of New Delhi district police while investigating a case of Banking Fraud. It was revealed that one of the customer of Central Bank of India (CBI) lost approximately Rs 11.5 lakh from his current account. The victim had an account at […]
The finance ministry has directed all the Public Sector Banks (PSBs) to create a common MSME loan product with integrated features and common documentation for loan requested through new initiative www.psbloansin59minutes.com. Any Indian citizen may get approval for MSME loan upto Rs One Crore via this portal in 59 minutes. The facility is available for businesses […]
Deposit Fund To Sukanya Samriddhi Account Online via Syndicate Bank Internet Banking – Sukanya Samriddhi account is a Modi Government backed saving scheme for the girls. This scheme is targeted at the parents of girl children to encourage investment for long term pertaining to future education and marriage expenses. The Minimum limit of investment is Rs. […]
Largest bank in India, State Bank of India (SBI) has reported banking fraud of Rs 5,555.48 crore for quarter April to September 2018. These amounts were involved in 1329 cases. In response to a query of RTI activist Chandrashekhar Gaud, SBI said that 669 cases of fraud amounting to Rs 723.06 crore were reported in the […]
Merger of Bank of Baroda, Vijaya Bank & Dena Bank are now approved by board of individual bank. The proposal of merger is now send to government of India for formal approval. Bank of Baroda MD & CEO states that the next step for the merger is getting government’s formal approval, followed by the swap […]
Phishing is now a common terminology for banking sector and fraudsters are doing anything to gain access to customer personal and financial information, like asking for their User ID, Password, OTP, Grid Values etc. This is then used to access bank account and do unauthorized transactions. The level of cyber fraud is now reached at higher […]
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