Blog | BANKEDGE | Professional Certification Courses In Banking

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There’s a huge “fraud” at Punjab National Bank, which involves lot of people in the net. Let us try to view the entire happening through our thoughts. Few important notes: There is panic amongst public as to what would happen to their deposits to PNB. There is no reason to pull your deposits or money

SBI minimum balance for savings account rule changed from April 1

According to the last notification by the bank, the SBI customers holding savings bank accounts with the bank’s metro and urban branches were required to maintain a monthly balance of Rs 3000 from October 1. The customers in semi-urban SBI branches were required to maintain Rs 2000 monthly balance and the rural branch customers had

16 Mar

SBI minimum balance for savings account rule changed from April 1

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According to the last notification by the bank, the SBI customers holding savings bank accounts with the bank’s metro and urban branches were required to maintain a monthly balance of Rs 3000 from October 1. The customers in semi-urban SBI branches were required to maintain Rs 2000 monthly balance and the rural branch customers had

SNO NEWS ITEMS DETAILS 1. RBI slaps Rs. 50 million penalty on Airtel Payments Banks RBI has levied a penalty of Rs. 50 million on Airtel Payments Bank for violation of operating guidelines and KYC norms. RBI after scrutiny of bank’s documents relating to opening of accounts without customers’ consent found these violations. Over 2.3

10 Mar

Did You Know These??

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SNO NEWS ITEMS DETAILS 1. RBI slaps Rs. 50 million penalty on Airtel Payments Banks RBI has levied a penalty of Rs. 50 million on Airtel Payments Bank for violation of operating guidelines and KYC norms. RBI after scrutiny of bank’s documents relating to opening of accounts without customers’ consent found these violations. Over 2.3

CITI Home Loans Linked To External Bench Mark

Citibank has come out with a new Home Loan Product, which is linked to an external benchmark. This is in line with RBI appointed Janak Raj Committee’s recommendations last year that all banks should link their loans to an external benchmark. This brings the Home Loan product transparent and the customer would have to be

08 Mar

CITI Home Loans Linked To External Bench Mark

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Citibank has come out with a new Home Loan Product, which is linked to an external benchmark. This is in line with RBI appointed Janak Raj Committee’s recommendations last year that all banks should link their loans to an external benchmark. This brings the Home Loan product transparent and the customer would have to be

GAME CHANGER FOR BANKS: DIGITAL REVOLUTION IN INDIA

Marvellous technological changes and revolution in our country has brought out a great Digital Revolution in India, and financiers and banks unable to come upto the changed level, will be out of race. A panel which discussed on RIDING THE REVOLUTION: DIGITILISATION, DATA AND DIVERSITY opined that the Banks and other lenders should come together

27 Feb

GAME CHANGER FOR BANKS: DIGITAL REVOLUTION IN INDIA

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