Saturday, June 15, 2024

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What happened to Kotak Mahindra Bank? RBI orders it to stop issuing credit cards and onboarding new online customers: Here is what it means

RBI bars Kotak Mahindra Bank from onboarding new customers through online, mobile banking; issuing new credit cards

RBI asks all agency banks dealing with govt transactions to remain open on 31 March Sunday on the union govt’s request

The Reserve Bank of India on 20 March advised all banks dealing with government transactions to open their branches on 31st March, Sunday.

Persistent non-compliance: RBI explains why they took action against PayTM Bank

Speaking about RBI’s order against Paytm Payments Bank (PPB), RBI deputy governor Swaminathan J explained that the action was taken only after giving the firm sufficient time to comply

RBI bars Paytm Payments Bank from onboarding new consumers with immediate effect, banking transactions to be stopped from 29 February

RBI has said that Paytm Payments Bank will not be allowed to do any deposits or credit transactions or top ups after 29th February

Mahua Moitra was Vice President at JP Morgan, but that post doesn’t mean what one may imagine. Here is the truth about fancy designations...

Mohua Moitra was Vice President at JP Morgan, that does not mean she was in very senior position. VP in an investment bank is low-level managerial post

Indian Banks Association has submitted a proposal for 5-day work week with off on all Saturdays, confirms Finance Ministry in Parliament

Union Finance Ministry confirmed in Parliament that the Indian banking sector has formally proposed to declare all Saturdays as official bank holidays

Banks in 22 countries including Russia, UK, Germany, Israel open special Vostro accounts in Indian banks to trade in Indian Rupee

Banks from 22 countries have opened special Rupee vostro accounts in Indian banks in order to trade in local currency

‘Comedian’ Kunal Kamra bats in support of Tanmay Bhatt after Kotak withdrew its ad campaign featuring him over his old child rape tweets

Kunal Kamra posted a tweet expressing disappointment over the lack of support for controversial 'comedian' Tanmay Bhat

Kotak Mahindra Bank withdraws ad campaign featuring controversial AIB comedian Tanmay Bhat after backlash

Kotak Mahindra Bank withdraws campaign featuring controversial comedian Tanmay Bhat.

Beware! Frauds posing as genuine banking service providers can trick you on social media: Here’s what is happening

Bank fraud has become a common crime in the world with thousands of people falling prey to scamsters daily.

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