PhonePe Transactions Back to Normal After Yes Bank Fiasco
Last week, Yes bank fiasco hits UPI based transaction that is PhonePe that was solely using Yes Bank’s services worked overnight with National Payments Corporation...
Tag : RBI
SBI Cuts Fixed Deposit (FD) Rates Today
State Bank of India (SBI), today has announced a cut in retail fixed deposit or FD rates, citing adequate liquidity in the system. The revision...
WhatsApp Pay to be Launched in India Soon: Zuckerberg
Facebook is very close to launching WhatsApp Pay in India and will soon have positive news to share, the company’s CEO Mark Zuckerberg said. Data...
PMC Banks: RBI Raises Withdrawal Limit Up to Rs 10,000
In a relief for Punjab & Maharashtra Cooperative (PMC) Bank customers, the Reserve Bank of India today increased the withdrawal limit from Rs 1,000 to...
Banks to Extend Limit of Debit Card Cash Withdrawal Via PoS
The Reserve Bank of India (RBI) asked to extend the bank facility of cash withdrawal through debit cards at more merchant establishments. It has been...
Varnished 100 Rupee Currency Notes to be Introduced Soon
The Reserve Bank of India (RBI) is soon going to introduce, varnished currency notes of Rs 100 for denomination on field trial basis. The statement was made...
RBI Release Annual Report for Financial Year 2018-19
The Reserve Bank of India (RBI) is going to release the of the financial Year 2018-19 today. This report is released every year, to analyse the working...
Canara Bank Introduces OTP Facility for ATM Cash Withdrawal
The Public sector Canara Bank plans to launch India’s first OTP facility for cash withdrawals. The OTP facility will on cash withdrawals of Rs 10,000...
PSBs Go All Out to Push Cheaper Retail Loans
Public sector banks (PSBs) to implement the finance minister’s instruction to link lending rates to the repo (the rate at which RBI lends to banks)....
Kotak Mahindra Bank Revised Fixed Deposit Rates
Kotak Mahindra Bank has revised interest rates on fixed deposits (FDs) days after RBI reduced repo rate earlier this month. Kotak Mahindra Bank’s new FD rates...