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Public Sector Bank of Maharastra Chairman & CEO along with Executive Director, Zonal Manager and previous Managing Director arrested by Economic Offences Wing (EOW) in a case of Rs. 3,000 crore fraudulent loans extended to Pune’s DSK Group. Beside Ravindra P. Marathe, the Chairman and Managing Director of Bank of Maharashtra, the EOW has also arrested the bank’s Executive […]
UIDAI Authentication Charges for Banks – Recent Media Reports stating that the smaller bank may charge customers for Aadhaar Authentication Services on pretext of “exorbitant” charges prescribed by the Unique Identification Authority of India (UIDAI) on banks for Aadhaar authentication services. Banks have to pay a fee of Rs. 20 lakh with a validity of two years […]
Selection of Executive Directors in Public Sector banks, BBB Recommendations – Advisory body for selection of candidates for top level board appointment, Banks Board Bureau (BBB) has recommended 22 general managers to be elevated as executive directors at the various public sector banks. Further, the Appointments Committee of Cabinet headed by Prime Minister Narendra Modi […]
A big relief for lenders and bad news for defaulter of loan or credit card payment or someone who are evading the bank by not receiving their calls or changing your residence ? – Bombay High Court has ruled that the Legal notice or messages sent through WhatsApp messaging app are valid legal evidence under […]
National Payment Corporation of India (NPCI) with the help of NHAI and banks have implemented the issuance of Monthly Pass on Fastag under Online Mode. Any of the users of Fastag can avail this facility online following the simple steps mention below. Fastag Monthly pass can be issued through any of the issuer banks like […]
Learn in few easy steps how to change the Credit Card ATM PIN of HDFC Bank – Check out step by step process to reset the forgotten PIN of HDFC Credit Card ATM Pin. HDFC bank is providing the services for changing the Credit card Pin through ATM as well as under Online Mode via […]
Fund Transfer Between eWallets – Reserve Bank of India (RBI) may soon permit the interoperability within eWallets as like transfer of funds between one eWallet to another i.e. users may transfer funds from PayTm eWallet to PhonePe or vice versa. RBI may issue the guidelines within a month from now after few final issues before […]
PFRDA mulls hike in pension limit under APY to Rs 10,000 and age up to 50 years – In order to make Atal Pension Yojana more attractive for investors, PFRDA is planning to double pension limit from Rs 5,000/- to Rs 10,000/-. This will attract more people towards the scheme and provide better inflation-beating returns. Further, the other […]
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