Date for linking PAN-Aadhaar extended: Check new date
March 28, 2023 16:07 ISTThe Income Tax department on Tuesday informed that the date for linking PAN and Aadhaar has been extended to June 30, 2023.
The Income Tax department on Tuesday informed that the date for linking PAN and Aadhaar has been extended to June 30, 2023.
Customers of SVB will automatically become customers of First Citizens, which is headquartered in Raleigh.
SVB Financial Group, along with its CEO and its chief financial officer, were targeted this week in a class action lawsuit that claims the company didn't disclose the risks that future interest rate increases would have on its business.
Silicon Valley Bank collapse: Silicon Valley Bank was badly affected by the Federal Reserve's aggressive plan to raise interest rates to combat inflation along with the decline in technology stocks over the past year.
Bank Holidays: Indian Banks Association (IBA) is reviewing a proposal for a five-day work week, which would include Saturdays. This proposal, submitted by bank unions, could lead to an increase in bank holidays across the year.
Customers of HCBL Co-operative Bank, Lucknow; Adarsh Mahila Nagari Sahakari Bank Maryadit, Aurangabad; and Shimsha Sahakara Bank Niyamitha, Maddur, Mandya District in Karnataka cannot withdraw funds from their accounts due to their current liquidity position.
India's central bank, the Reserve Bank of India (RBI), has released draft guidelines for minimum capital requirements for market risk in a move to align banking regulations with Basel III standards.
Vodafone Idea is currently engaged in discussions with banks to refinance loans worth Rs 3,000–4,000 crore. This will allow Vodafone Idea to pay loans to Indus Towers, Nokia, and Ericsson more quickly.
Gross bond issuances by banks is estimated to reach Rs 1.3-1. 4 lakh crore this fiscal as debt sales have already hit record high of Rs 0.915 lakh crore, surpassing the previous high of Rs 0.8 lakh crore in FY17, Icra Ratings said.
As per the data by the National Payments Corporation of India (NPCI), the volume of transactions rose 85 per cent and value 67.85 per cent year-on-year (YoY). Around 72 per cent of those surveyed said they now consider discounts and offers as the major driver of their buying behaviour.
Digital banking units inauguration: As part of Union budget 2022-23, Finance Minister Nirmala Sitharaman had announced the setting up of the 75 DBUs in as many districts of the country to commemorate 75 years of India's Independence.
Maharashtra's Laxmi Co-operative Bank will cease to carry on banking business, with effect from the close of business on September 22, 2022, a statement from RBI said.
The accused escaped with lakhs of rupees after locking the bank from outside, police said.
According to the list, the banks will not be open for a total of 12 days in August 2022. With weekend leaves included, the total number of bank holidays ends up reaching 18 days.
The rate hike comes ahead of the RBI's Monetary Policy Committee (MPC) meeting later this week. It is widely expected that the MPC would hike interest rates to tame high inflation.
In Q3 FY22, merchant Loans disbursed through Paytm grew 38% Y-o-Y, while the value of Merchant Loans grew 128% Y-o-Y.
The Supreme Court said the Consumer Protection (Amendment) Act, 2002 clearly states that the legislative intent is to keep the commercial transactions out of the purview of the said Act.
Prime Minister Narendra Modi on Sunday addressed the function on 'Depositors First: Guaranteed Time-bound Deposit Insurance Payment up to Rs 5 Lakh' in Vigyan Bhawan, Delhi.
SBI PO Prelims is scheduled to be held on November 20, 21 and 27. Download hall ticket at sbi.co.in
IBPS Clerk application process will commence on October 7. Candidates can apply at ibps.in
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