Banks

HDFC Bank’s ‘Cardless Cash’ process: How to withdraw money without ATM card

If you are an HDFC Bank customer in need of cash but have forgotten your debit card at home, then worry not as the Mumbai-headquartered bank has laid out its “Cardless Cash Withdrawal” process. As the name suggests, one can obtain cash from an HDFC Bank ATM even when they are not carrying their debit …

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Banks to remain closed for 15 days in August. Check dates here

Banks in India will remain closed for 15 days in the month of August. According to the Reserve Bank of India (RBI) calendar, apart from second and fourth Saturdays and the Sundays, there are a total of eight holidays in the month of August. However, amongst these eight holidays some are state specific holidays so …

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Depositors of banks under moratorium to access money within 90 days

On 91st or 95th day after the bank is placed under moratorium, you will get your money as the new rules will not wait for the eventual liquidation or resolution, finance minister Nirmala Sitharaman said. The Union Cabinet on Wednesday cleared the Deposit insurance and credit guarantee corporation bill 2021 under which depositors of banks …

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Banks to stop issuing new cards on Mastercard network from July 22 after RBI ban

The Reserve Bank of India (RBI) pulled the plug on Mastercard over non-compliance with directions on ‘Storage of Payment System Data’. By hindustantimes.com | Edited by Kunal Gaurav, Hindustan Times, New Delhi PUBLISHED ON JUL 21, 2021 09:37 PM IST The Reserve Bank of India (RBI) ban on Mastercard Asia Pacific to onboard new debit, …

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Bank holiday on Eid-al-Adha: Check where banks will remain open on this day

Banks in most parts of India will remain closed on July 21 on account of Eid-al-Adha. The Reserve Bank of India (RBI) has categorised holidays under three categories – Holiday under Negotiable Instruments Act; Holiday under Negotiable Instruments Act and Real-Time Gross Settlement Holiday; and Banks’ Closing of Accounts. However, only the gazetted holidays are …

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Should public know a/c balance of rich individuals, banks ask SC | India News

NEW DELHI: Are citizens entitled to information on bank balances and borrowings by Tatas, Ambanis and Birlas under the RTI Act, the banks asked on Monday, while arguing before the Supreme Court that its judgment opening up confidential banking information through RTI would lay bare future business plans for which industrial houses seek credit lines. …

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Banks will be closed in these cities for the next 5 days. Check the list here

Banks will remain closed in several states across India for the next five days, according to the calendar notification by the Reserve Bank of India (RBI). Notably, the banks shut on Saturday and will remain closed till July 21, 2021, on an account of various holidays. On Friday (July 16), banks were closed in Uttarakhand’s …

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Bank holiday in various cities due to local festivals this month: Check details

The banks in some of the states will remain closed this week due to festivals. These holidays are celebrated locally in some of the states, which won’t affect the banking operations in other regions. The holidays have been decided according to the Reserve Bank of India (RBI) calendar. The RBI places bank holidays under three …

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Banks fight for a slice of customers’ shopping pie

Banks are sprucing up their mobile apps with virtual marketplaces of discounted products and services, in order to retain them and in the process gain insights into their shopping preferences. Banks such as Kotak Mahindra Bank, ICICI Bank, Axis Bank and State Bank of India (SBI) already offer such features, some of them providing them …

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