According to Reserve bank of India, this decision comes with the objective of ensuring that all government transactions related to receipts and payments for the fiscal year 2023-24 are accounted for within the stipulated timeframe.
New Delhi [India], March 19: Today, as financial organisations in India, especially banks, have started integrating modern technology into their products and services, it has enabled them to provide seamless customer services. For customers, it has become easier than ever before to access
Coming out in support of Prime Minister Narendra Modi's charge at the Congress that it "uses and throws the people of an alliance", Janata Dal (United) leader Neeraj Kumar on Sunday said it was only natural of all partners in the Opposition bloc--INDIA--to hold divergent views on different i
Mumbai (Maharashtra) [India], March 15: Bank of Maharashtra former CEO AS Rajeev took charge as a vigilance commissioner at the Central Vigilance Commission on 11-March-2024. Rajeev is a career banker with over 38 years of experience in four banks - Syndicate Bank, Indian Bank, Vijaya Bank a
Mumbai (Maharashtra) [India], March 14: Mobicule Technologies, a recognised player in phygital debt collection and a leading home-grown digital customer on-boarding company in India, has launched a pioneering secured single Click Print to Post solution, Phygital Notice to intelligently manag
Five out of 12 Public Sector Banks (PSBs) are still not complying with the minimum public shareholding (MPS) norm (25 per cent), a senior government official said on Thursday.
The Ministry of Finance has written to public sector banks to reassess their gold loan procedures amid concerns over risky debt as gold prices surge, informed a senior official.
New Delhi [India], March 12: Anyone who has worked in a corporate job knows the key features of a salary account. Salary accounts have the zero-balance feature and offer other key benefits to customers. However, opening a savings account online and keeping it separate from one's salary accou
Lok Sabha Speaker Birla is on a two-day visit to Ayodhya with his wife Dr. Amita Birla. He will participate in the Bhoomi Pujan program of Maheshwari Samaj Bhawan on Monday at 9.30 am. He will also participate in Maha Aarti on the banks of the Saryu River at 5.30 pm.
Vejapur/Ahmedabad, (Gujarat) [India], March 8: An RFA, or Red Flag Account, acts as an early warning system for accounts that need special attention. These signals are crucial as they alert banks or lenders to potential weaknesses or fraudulent activities, helping to save public money and pr
In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, issued Law No. (1) of 2024 on taxation of foreign banks operating in Dubai.