Tag: bank news
Festive Season Sale 2024 : Know Which Bank Card is Getting Special Offers
The Festive Season 2024 has officially begun, bringing with it a wave of exciting sales and unmissable discounts. As shoppers gear up to take...
Government Considers Harsher Penalties for Banks Violating Regulations
The central government may consider increasing the penalty for banks if they do not follow the regulatory guidelines. A senior government official informed that...
India’s Forex Reserves Surge by $66 Billion in 2024, RBI Reports
India’s foreign exchange reserves have increased by $66 billion in 2024, reaching $689.235 billion. The Reserve Bank of India reports stable currency performance and...
ED Cracks Down on Firms with Rs 5,115 Crore Asset Seizure Amid Money Laundering...
" The Enforcement Directorate has temporarily attached assets worth Rs 5,115 crore from major companies under investigation for loan fraud and money laundering. This...
Pensioners to Get Pensions Nationwide from Any Bank via New Centralized System in 2025
Starting January 1, 2025, EPS pensioners can receive their pensions from any bank branch across India, thanks to the newly approved Centralized Pension Payment...
World Bank Forecasts 7% Growth for India’s Economy in FY 2024-25
INVC NEWS
New Delhi : The World Bank has projected that India's economy will grow at a robust rate of 7% in the financial year...
Banks Will Be Closed for 15 Days in September 2024
Discover the list of bank holidays for September 2024 and plan your banking activities accordingly. Banks will be closed for 15 days this month...
Senior Citizen Loans: PNB and SBI Offering Tailored Loan Schemes for Seniors Over 60
Financial Opportunities for Seniors - In an era where financial independence is paramount, senior citizens often face challenges in securing loans due to age and...
RBI Governor Shaktikanta Das Named Top Central Banker for 2024 by Global Finance
Reserve Bank of India (RBI) Governor Shaktikanta Das has been named the world's top central banker for the second consecutive year by Global Finance....
RBI Penalizes Bank of Maharashtra, Hinduja Leyland Finance, and Poonawalla Fincorp for Non-Compliance
The RBI has fined Bank of Maharashtra Rs 1.27 crore for non-compliance with credit delivery, cyber security, and KYC guidelines. Hinduja Leyland Finance and...