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  • What is uniform price method in bond auction? Feb 23, 2021 05:35 PM IST

    What is uniform price method in bond auction?

  • Federal Bank aims 'mid-teen' growth in credit for FY22 Feb 23, 2021 04:50 PM IST

    Federal Bank aims 'mid-teen' growth in credit for FY22

    The bank is "fairly close" to the objective of having a 55:45 split in the loan book between retail and wholesale loans, and would like to maintain it the same way going ahead as well.

  • How ECS bounce charges snatched the loan moratorium relief Feb 23, 2021 12:16 PM IST

    How ECS bounce charges snatched the loan moratorium relief

    Each time the electronic clearance service request for loan EMI payment bounced, charges were levied by banks on customers

  • Union Bank, Punjab National Bank offer the lowest interest rates on personal loans Feb 22, 2021 02:12 PM IST

    Union Bank, Punjab National Bank offer the lowest interest rates on personal loans

    The rates on personal loans range from 8.9-10.5 percent

  • PSB privatisation: Can government outfox India’s powerful trade unions? Feb 19, 2021 06:02 PM IST

    PSB privatisation: Can government outfox India’s powerful trade unions?

    Reversing bank nationalisation is a politically sensitive step. But, the government seems to have a plan this time.

  • IDBI Bank, Canara Bank and Bank of Baroda offer the best rates on savings accounts Feb 19, 2021 02:21 PM IST

    IDBI Bank, Canara Bank and Bank of Baroda offer the best rates on savings accounts

    The rates offered by State Bank of India and UCO Bank are lower

  • RBI Kehta Hai: Watch Reserve Bank's innovative rap video warning against banking frauds Feb 19, 2021 11:06 AM IST

    RBI Kehta Hai: Watch Reserve Bank's innovative rap video warning against banking frauds

    As part of the Public Awareness initiative by the RBI, its Twitter and Facebook page called 'RBI says' usually puts out pictures and messages in multiple Indian languages.

  • Complaints on banking services rose 65% in 2019-20: Here are a few lessons for customers Feb 18, 2021 11:35 AM IST

    Complaints on banking services rose 65% in 2019-20: Here are a few lessons for customers

    Lack of clarity on RBI’s loan moratorium scheme and issues in digital transactions were key sources of complaints

  • Despite RBI’s status quo on interest rates, here are 4 ways to reduce your home loan EMIs Feb 16, 2021 11:48 AM IST

    Despite RBI’s status quo on interest rates, here are 4 ways to reduce your home loan EMIs

    Opting for a longer repayment tenure would reduce your EMI burden and also improve your home loan eligibility

  • Bank of Maharashtra, Bank of India, IOB & Central Bank of India: Government shortlists these 4 banks for potential privatisation, says report Feb 15, 2021 05:15 PM IST

    Bank of Maharashtra, Bank of India, IOB & Central Bank of India: Government shortlists these 4 banks for potential privatisation, says report

    The government is considering mid-sized to small banks for its first round of privatisation to test the waters.

  • RBI sets up expert panel to review urban co-operative banks' regulations Feb 15, 2021 03:37 PM IST

    RBI sets up expert panel to review urban co-operative banks' regulations

    The Indian banking system has witnessed a number of co-operative bank failures in recent years and the panel will examine issues in the sector and provide a roadmap

  • Yes Bank, DCB Bank and RBL bank offer more than 7% on fixed deposits for senior citizens Feb 12, 2021 11:38 AM IST

    Yes Bank, DCB Bank and RBL bank offer more than 7% on fixed deposits for senior citizens

    ICICI Bank and HDFC Bank offer 5.65 percent on three-year FDs for senior citizens

  • Education loans: How to choose from banks, NBFCs and fintechs Feb 11, 2021 02:32 PM IST

    Education loans: How to choose from banks, NBFCs and fintechs

    While interest rate is the primary deciding factor, borrowers should also consider the margin amount, repayment tenure and the moratorium period

  • Banks unions call for two-day strike from March 15 against proposed privatisation of PSBs Feb 09, 2021 05:06 PM IST

    Banks unions call for two-day strike from March 15 against proposed privatisation of PSBs

    In the Union Budget presented last week, Finance Minister Nirmala Sitharaman announced the privatisation of two Public Sector Banks (PSBs) as part of its disinvestment plan.

  • Bank of India and Punjab & Sind Bank offer the lowest rates on gold loans Feb 09, 2021 11:34 AM IST

    Bank of India and Punjab & Sind Bank offer the lowest rates on gold loans

    State Bank of India’s gold loans carry an interest rate of 7.5 percent per annum

  • How the CTS system will help in faster and efficient cheque processing Feb 09, 2021 09:56 AM IST

    How the CTS system will help in faster and efficient cheque processing

    All bank branches in India would put in place the cheque truncation system by September 2021

  • Analysis | Budget 2021 lays foundation for change in banking sector landscape over next decade Feb 08, 2021 03:27 PM IST

    Analysis | Budget 2021 lays foundation for change in banking sector landscape over next decade

    The key factors to success for privatisation will however be the ability of the management to retain and grow the deposit base while instituting asset side strategies led by process changes and upgradation of employee skills.

  • Budget 2021: Will PMC Bank, others be able to get depositor’s insurance cover now? Feb 08, 2021 08:59 AM IST

    Budget 2021: Will PMC Bank, others be able to get depositor’s insurance cover now?

    Finance minister Nirmala Sitharaman announced that deposits in banks that went into liquidation can also now access the depositors’ insurance cover. Experts predict this proposal would be applicable retrospectively.

  • Explained: What RBI’s announcement to allow Indians to invest in International Finance Centres through LRS means Feb 05, 2021 07:15 PM IST

    Explained: What RBI’s announcement to allow Indians to invest in International Finance Centres through LRS means

    RBI’s Monetary policy allows Indian individuals to open foreign currency accounts with banks in IFCs through Liberalised Remittance Scheme, but only for making investments, not spending

  • Govt support measures for bank borrowers softened rise in NPLs: Moody's Feb 05, 2021 06:21 PM IST

    Govt support measures for bank borrowers softened rise in NPLs: Moody's

    Moody's VP and Senior Credit Officer Alka Anbarasu said ample domestic liquidity, loose monetary policy, moratoriums on loan repayments and government-guaranteed loans to small businesses have supported Indian banks' asset quality.

  • Have a complaint against bank or NBFC or digital wallet? RBI to soon roll out a unified ombudsman Feb 05, 2021 05:26 PM IST

    Have a complaint against bank or NBFC or digital wallet? RBI to soon roll out a unified ombudsman

    An ombudsman is authorioty to approach to, if your complaint isn’t satisfactorily resolved by the bank, NBFC or digital wallet

  • Bandhan Bank and RBL Bank offer the best rates on savings accounts Feb 05, 2021 11:18 AM IST

    Bandhan Bank and RBL Bank offer the best rates on savings accounts

    Bandhan Bank and RBL Bank offer interest rates of up to 7.15 per cent and 6.5 per cent, respectively on their savings accounts. HDFC Bank and ICICI Bank offer up to 3.5 per cent interest rates

  • RBI MPC keeps rates unchanged, says Governor Shaktikanta Das Feb 05, 2021 10:06 AM IST

    RBI MPC keeps rates unchanged, says Governor Shaktikanta Das

    The key lending rate of the RBI, or the repo rate, was left undisturbed at 4 percent while the reverse repo rate, or the key borrowing rate, was retained at 4 percent.

  • How is the proposed 'Bad Bank' different from existing ARC? Feb 02, 2021 07:05 PM IST

    How is the proposed 'Bad Bank' different from existing ARC?

    There are a few reasons why a government-backed ARC can perform better than existing private ARCs

  • DCB Bank and Yes Bank offer the best interest rates on tax-saving deposits Jan 29, 2021 11:57 AM IST

    DCB Bank and Yes Bank offer the best interest rates on tax-saving deposits

    DCB Bank and Yes Bank offer 6.75% interest on five-year tax-saving deposits, while SBI offers 5.40%

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