Search For "saving account"
RBI does not regulate minimum balance requirements for banks: RBI Governor
Updated : 7 months, 2 weeks ago IST
The minimum balance requirements for saving accounts does not come under the regulatory domain of the Reserve Bank of India (RBI), banks decide it as per their own business needs, stated RBI Governor Sanjay Malhotra on questions of ICICI Bank raising minimum balance requirement in saving acc
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When is Zero Balance Account Useful
Updated : 11 months ago IST
New Delhi [India], April 26: A Zero Balance Saving Account is useful for everyone. You can open it online and do not have to make a minimum deposit to get started. However, it is especially beneficial for people with fluctuating incomes. Other than this, there are several other circumstances
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The Power of Compound Interest: Here's how FDs can be a good investment ch
Updated : 2 years, 6 months ago IST
Pune (Maharashtra) [India], September 15: Compound interest is a vital element in investments, with the ability to convert modest savings into significant wealth over time. While various investment avenues offer opportunities to harness this power, Fixed Deposits (FDs) have long been celebra
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Airtel Payments Bank rolls out e-KYC-based face authentication for opening
Updated : 3 years, 4 months ago IST
The payments bank said the new facility would help business correspondents (BCs) of the bank to open an account just by undertaking face authentication through electronic know-your-customers (e-KYC).
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Senior citizens can now avail interest rates up to 7.25 pc with Bajaj Fina
Updated : 5 years, 1 month ago IST
Pune (Maharashtra) [India], February 16 (ANI/BusinessWire India): Since the Reserve Bank of India's announcements to boost liquidity and ease financial stress, financial institutions would now need to increase rates on conventional investment options like saving accounts or fixed deposit rat
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Withdrawal limit should be increased: Eknath Gaikwad on PMC Bank crisis
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 19 (ANI): Congress leader Eknath Gaikwad on Tuesday wrote a letter to Maharashtra Governor Bhagat Singh Koshyari over the PMC Bank crisis and suggested that the Reserve Bank of India should increase the withdrawal limit to Rs 2 lakh per month for saving acco
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PM Modi donates Rs 21 lakh from personal savings for welfare of Kumbh sani
Updated : 7 years ago IST
New Delhi [India], March 6 (ANI): Prime Minister Narendra Modi on Wednesday donated Rs. 21 lakhs from his personal saving account to Kumbh Safai Karamchari Corpus Fund.
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