Tag: state bank
Bank of Baroda suspends employees for jacking up number of app users
(This story originally appeared in on Oct 19, 2023) MUMBAI: Bank of Baroda is understood to have suspended over 50 employees across states, including several…
new bank: Customers face brunt of new bank locker rule
(This story originally appeared in on Jun 30, 2023) MUMBAI: With Friday being the deadline for updating 50% of locker agreements, banks are urging customers…
Supreme Court order on banking fraud: RBI to shortly issue new guidelines
The Reserve Bank will ‘shortly’ come out with revised guidelines on fraudulent account classification to take into account the recent apex court order that asked…
Pakistan: Cash-starved Pakistan to receive another $1.3 billion from China
ISLAMABAD: Pakistan will get another $1.3 billion from all-weather ally China to shore up its fast-depleting forex reserves, finance minister Ishaq Dar said on Monday,…
rbi rate hike: Analysts expect another 25 bps repo rate hike in RBI’s April policy
Analysts are of the view that after delivering the seventh hawkish policy on Wednesday the central bank may pause after delivering a likely 25 basis…
fintechs: Multiple fintechs impacted with RBI’s order against SBM India
Several Indian fintechs continue to be impacted by the Reserve Bank of India’s (RBI) order earlier this week asking State Bank of Mauritius (SBM) India…
vested direct: Vested Finance halts fresh deposits on Vested Direct as RBI clamps down on SBM Bank
Vested Finance, which helps Indian investors invest in US stocks, has paused processing of fresh deposits via Vested Direct, its rupee wallet that allows customers…