Photo: India Today
Exchange Of Rs 2,000 Continues, SBI Collected Rs 17,000 Crore
The withdrawal of Rs 2,000 notes from circulation has been a ruckus for businessmen as they rush to banks for exchange. Despite a span of four months given by the Reserve Bank of India, the flow of money exchange continues. Notably, a considerable number of people are disposing of Rs. 2,000 notes. Furthermore, within a week, the State Bank of deposits and exchanged currency worth Rs 3,000 crore.
Tags: Bank, SBI, Indian Business, RBI, Rs 2000 Notes
Courtesy: The Free Press Journal
Photo: Business Line
HDFC Shares Increase By 3% With High Profit
Shares of housing finance major HDFC on May 4, climbed nearly 3 per cent after the firm reported a 20 per cent growth in standalone net profit for the March quarter. The stock advanced 2.64 per cent to finish at Rs 2,862.35 apiece on the BSE. During the day, it jumped 2.80 per cent to its 52-week high of Rs 2,867, confirmed the bank in a notification.
Tags: HDFC BANK, Shares, Bank, Indian Business, News 2023
Courtesy: Zee News India
Photo: Financial Express
Interest For Lenders To Increase From April 10, Says Indian Overseas Bank
In a major development, the Public sector lender Indian Overseas Bank has decided to revise the interest rate. As per sources, the bank in a statement said, they will revise the interest rates on term deposits by upto 40 basis points from April 10. With this, depositors will receive interest rates upto 8% by opening term deposit for a period of 444 days, confirmed the bank.
Tags: Bank, Lender, interest rate, Overseas Bank, Indian Business
Courtesy: The Press Trust of India
Photo: MMA Global
HDFC Denies Leak Data Of Customer, Releases Official Tweet
The HDFC bank officials, denied any hacking and alleged security breach. The clarification from the bank came hours after a hacker dumped 7.5 GB data purportedly belonging to HDFC customers. Hi, we wish to state that there is no data leak at HDFC Bank and our systems have not been breached or accessed in any unauthorised manner. We remain confident of our systems, said HDFC.
Tags: HDFC, Bank Data, CUSTOMER, Security Breach, Bank
Courtesy: The Free Press Journal
Photo: The Indian Express
SBI Confirms Revises Charges & Fees Of SBI Credit Card
State Bank of India Cards & Payment Services has revised the charges and fees of the SBI Credit Card. The new SBI Credit Card charges will be levied with effect from 17 March 2023. The company sent an email to all customers, regarding the same. From 17 March 2023, SBI Processing Fee will be revised from Rs 99 plus applicable taxes to Rs 199 plus applicable taxes, confirmed email.
Tags: SBI, Bank, Indian Customers, Revised Charges, email, Indian Banks
Courtesy: Zee News India
Photo: DigitNews
SBI Introduces WhatsApp Banking Service; Users Can Check Bank Account Balance
The State Bank of India (SBI) has begun offering WhatsApp Banking. For the time being, SBI members on WhatsApp may see their account balance and mini bank statements. Sending a "Hi" to the number +919022690226 will allow customers to access SBI WhatsApp Banking. Furthermore, the State Bank of India provides SBI Card WhatsApp connect, a service that is based on WhatsApp, to customers who use credit cards.
Tags: SBI, WhatsApp, bank balance, WhatsApp banking, Bank
Courtesy: India today
Photo: Zee News
SBI To Introduce WhatsApp-Based Banking
State Bank of India (SBI) will offer WhatsApp-based banking to its clients. SBI Chairman Dinesh Khara made the remark while introducing several retail initiatives. He stated intentions to establish an Application Programming Interface (API) banking service for aggregators and corporate clients. Customers using SBI credit cards can continue to use WhatsApp for some banking transactions. These include monitoring outstanding account balances,… read-more
Tags: SBI, WhatsApp, online banking, Application Programming Interface, Bank
Courtesy: DNA India
Photo: IndiaTV News
Cheques, Demand Drafts Payments To Be Addressed To MCD Commissioner Only
Cheques and demand drafts for payments must be presented in the name of the Municipal Corporation of Delhi (MCD) commissioner only from June 6. Existing corporate accounts will be maintained open until June 5, 2022, so that online payments handled by third-party agencies, as well as any outstanding checks, can be realized and credited to old bank accounts. The Municipal Corporation of Delhi (MCD) was formally established on May 22.
Tags: Delhi, Municipal Corporation of Delhi, Bank, cheques, demand drafts
Courtesy: Zee News
Photo: India TV News
Nationwide Strike On March 28 & 29, Local Unions Extend Support
On March 28 and 29, Indian trade associations called for nationwide strike, to protest against Central Government. Notably, bank associations and unions like INTUC, AITUC,CITU and other local unions extended support to protest against BJP's anti-labour, anti-people and anti-farmer policies. Furthermore, the Government also announced privatization of public sectors, including banks, railways, and plants. people across state, gathered on roads… read-more
Tags: Bharat Bandh, India, Union Associations, Bank, Government of India
Courtesy: NDTV
photo: OneMedia
Bharat Bandh On March 28-29; Banking And Other Sectors To Be Affected
The central trade unions supported by the All India Bank Employees Association has called a nationwide strike on March 28 and 29. The decision comes after bank unions called for a protest against the government's plan to privatise public sector banks including the Banking Laws Amendment Bill 2021. The trade union also said roadways, transport and electricity workers are also supporting the decision for the strike, affecting services for… read-more
Tags: Bharat Bandh, Bank, Transport, Union cabinet, Banking Laws Amendment Bill
Courtesy: The Indian Express
