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RBI guidelines on accounts portability 2012-04-28 09:48:02
RBI said, in order to comply with KYC needs of the correct address of the person, fresh address proof may be obtained from customers upon such transfer by the transferee branch. The Reserve Bank of India (RBI), on Friday, instructed...
Keywords: Reserve Bank of India (RBI), Reserve Bank of India (RBI), KYC process, fresh address proof
Read More Air Show takes off with flying colors 2012-03-14 14:29:50
Union Minister for Civil Aviation Mr Ajit Singh inaugurated the third India Aviation 2012 Air show at the Begumpet airport in Hyderabad today. The Air Show, to be run till March 18, will have on its display different models of...
Keywords: Begumpet airport, Begumpet airport, India Aviation 2012 Air show, Dream Liner
Read More Chidambaram says: Government plans to open 7,000 new bank branches every year 2013-04-29 11:23:48
Fact-fully, Finance Minister P. Chidambaram, who was on a weekend visit to his parliamentary constituency of Sivagangai in Tamil Nadu, has revealed that the government has plans to open at least 7000 new bank branches every year across the country....
Keywords: sivagangai collectorate, crop loans to farmers, indian economy, crop loans to farmers
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NRIs and PIOs Face Heat of Demonitization 2017-01-16 10:58:28
After local residents in the country stood hours in long lines for the exchange of their old 500 and 1000 currency notes, now NRIs and People of India Origin (PIO) are waiting in the long queues to exchange their old...
Keywords: NRI and PIO face Demonitiztion heat, NRI and PIO face Demonitiztion heat, Demonitization problems faced by NRI and PIO, NRI and PIO face Demonitiztion heat
Read More Mobile phones to become ATM, small-payments cheque-book 2015-08-26 10:00:56
After the new payments banks become operational, you may not have to depend on carrying cash in hand. Your mobile phones will turn as a virtual automated teller machine (ATM), bank branches and small-payments cheque-book. Thus going forwards, your mobile...
Keywords: mobile banking, mobile banking, bank branch, virtual automated teller machine
Read More Now Banks Can Shift, Merge Or Shut Urban Branches 2015-08-07 06:33:35
In a notification published on its website, RBI said that banks can “shift, merge or close all branches except rural branches and sole semi-urban branches at their discretion”. Shifting, merging or closing a branch in a rural area or a...
Keywords: mobile branches, rural bank branches, automated teller machines, automated teller machines
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