India Business News: MUMBAI: As banks and businesses continue to adopt efficient processes, they tend to forget that the law doesn’t evolve as quickly.Despite legal requir.
India Business News: ZestMoney, a Buy Now Pay Later (BNPL) startup, is shutting down its operations, affecting around 150 employees. The decision follows unsuccessful acqu
India Business News: The Reserve Bank of India (RBI) has directed banks to create a 'service availability web page' or SEWA dashboard. This dashboard will provide customer
India Business News: Small Savings Scheme Interest Rates 2024: The government has declared the interest rates for small savings schemes for the January-March 2024 quarter.
As 2023 draws to a close, the finance ministry informed Parliament of a surprising 28% increase in unclaimed deposits to Rs42,270 crore on 31 March 2023 (against Rs32,934 crore during FY21-22).
India Business News: MUMBAI: The RBI has said that banks cannot impose a penalty for not maintaining minimum balance on accounts that are inoperative - those that have not.
Driven by illegal incentives, bank executives compel their staff to sell insurance anyhow, with customers paying the price in the form of unwanted policies
Several banks servers are down, causing UPI transactions to fail for users. This article provides key details about the outage and its impact on UPI payments.
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