RBI Bans IIFL Finance From Sanctioning Gold Loans
RBI Bans IIFL Finance From Sanctioning Gold Loans and disbursement from immediate effect. RBI has stopped the IIFL from financing the Gold Loan due to
RBI Imposes Monetary Penalty on SBI & Other Banks
RBI Imposes Monetary Penalty on SBI & Other Banks – The Reserve Bank of India (RBI) has imposed monetary penalty on State Bank of India,
BOI, IOB, and UCO Bank Get New Chairmen
Public Sector BOI, IOB, and UCO Bank Get New Chairmen – The Appointments Committee of the Cabinet (ACC) has appointed former LIC Chairman M R
UCO Bank Stops IMPS Service For Customers
Public Sector UCO Bank stops IMPS service for customers due to some internal technical glitches. The popular instant money transfer facility IMPS (Immediate Payment Service) is
Ashwani Kumar Appointed as New CEO & MD of UCO Bank
FSIB has recommended the appointment of Ashwani Kumar as New CEO & MD of UCO Bank. He is currently serving as the Executive Director (ED)
Bank of Maharashtra Reduces home loan Interest to 8.4%
Public Sector Bank of Maharashtra Reduces home loan Interest to 8.4%, the lowest as far as the other banks are concerned. Recently the another public
Canara Bank MeitY Award for Best Bank under Digital Payments
Public Sector Canara Bank has been adjudged “Best Bank under Digital Payments” amongst all Banks in India for the Financial Year 2021-2022 by the Ministry
RBI Bans SBM Bank From LRS Remittance transactions
In a surprise move, the Reserve Bank of India, RBI bans SBM Bank from LRS remittance transactions and instructed to stop it immediately. The action
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