3 types of accounts being closed as per the new Reserve Bank rules
Accounts that consistently maintain a zero balance for an extended period are labelled as zero balance accounts.
Reserve Bank issues 2 numbers to stop fraud in the name of bank calls
Banks are now required to use telephone numbers starting from 1600 for all transaction-related calls. Similarly, 2 different numbers have been provided for promotional calls and short messages.
Bank of China’s former Chairman to be executed on corruption charges
While corruption among politicians and administrative officials remains a persistent issue in India, the lack of stringent actions, such as those seen in cases like Liu Liange’s in China, highlights a significant gap in accountability.
HDFC and Axis banks fined Rs 2 crore 91 lakh
In a statement released by the RBI on September 10, it was said that the provisions of the ‘Banking Regulation Act’ have been violated by both these banks.
Huge decline in the money deposited by Indians in the Swiss Banks
An information has emerged that there is decline in the amount deposited in the Swiss Banks by Indians.
Submit all the information in a day : SC orders SBI
This time, the bench told the bank that if these orders are not followed, action can be taken against you for contempt of the Court order.
Income Tax department froze our accounts : Congress’ allegations
The Income Tax Appellate Tribunal lifted the ban on frozen accounts of Congress at 12.30 p.m.
Axis Bank robbery : Rs 16 lakh cash looted in 14 minutes
The robbers had already fled just 1 minute before the arrival of the Police.
Robbery of Rs 18.8 crore in the Punjab National Bank in Manipur
The Police officials said that the robbers were well equipped with the most modern weapons when they forcibly entered the bank.
Central Vigilance Commission received more than lakh complaints regarding corruption in 2022
More than lakh complaints received in one-year show the level of corruption in this country, since there must be so many cases where complaints are not lodged.