Mar 08, 2017 at 12:00 | Source: PTI
"The board of directors of the bank has approved, subject to statutory and regulatory approvals as may be necessary, increase in ceiling limit for investment by FIIs/sub-accounts of FIIs, FPIs, QFIs, NRIs and PIOs in the equity share capital of the bank, from 40 percent to 42 percent," Kotak Mahindra Bank said in a BSE filing.
Mar 08, 2017 at 11:06 | Source: Moneycontrol.com
If you do not maintain monthly average balance (MAB) in your savings account then be ready to pay hefty fines that could go up to Rs 600.
Mar 06, 2017 at 19:00 | Source: PTI
Andhra Pradesh Chief Minister N Chandrababu Naidu today found fault with banks for seeking to enforce new norms with regard to minimum balance in personal accounts and levy of charges on multiple transactions.
Mar 06, 2017 at 18:46 | Source: PTI
State Bank of India has decided to increase manifold the minimum balance required for maintaining savings account from April 1, hitting 31 crore depositors including pensioners and students.
Mar 06, 2017 at 08:34 | Source: PTI
"Recently, some private and public banks have announced cash transaction charges on their account holders beyond stipulated number of cash transactions," said RCCI president Sameer Shah in a letter to Jaitley.
Mar 03, 2017 at 20:46 | Source: Moneycontrol.com
The largest public sector lender State Bank of India (SBI) is re-instating its policy of charging customers for not maintaining the monthly average balance (MAB) in their savings bank account, according to a report in Business Standard.
Mar 02, 2017 at 13:34 | Source: PTI
The new charges would apply to savings as well as salary accounts effective from March 1, leading private sector player HDFC Bank said in a circular.
Mar 01, 2017 at 20:10 | Source: PTI
"Certain accounts are in the pipeline, may be assets around Rs 1800 crore, and these will be put on the block during the current fiscal," PNB Managing Director Usha Ananthasubramanian told PTI.
Feb 28, 2017 at 20:46 | Source: Reuters
JPMorgan Chase & Co, the biggest U.S. bank by assets, said it expected 2017 expenses to rise about 3.4 percent as it spends more on technology and in signing up new credit card accounts.
Feb 28, 2017 at 19:32 | Source: PTI
Tamil Nadu Government has undertaken an exercise to validate the bank accounts of farmers for depositing the relief assistance announced by Chief Minister K Palaniswami, a senior Revenue Department official said today.