In response to an email query sent by PTI on the issue, Airtel Payments Bank Managing Director and CEO, Anubrata Biswas said that the company will continue to invest in ramping up operations to tap the "enormous opportunity presenting itself".
The scheme provides a payment of Rs 6,000 per year in three equal instalments of Rs 2,000 to beneficiaries.
With less than one month left in the current fiscal, banks will have to work overtime to meet the MUDRA loan lending target of Rs 3 lakh crore, as only about Rs 2 lakh crore have been disbursed till February 22.
The shooter called police to report that he had fired shots inside the bank in Sebring, about 80 miles southeast of Tampa. Negotiations failed to persuade the barricaded man to leave the building.
The strike call comes on the heels of an officers union of state-run banks observing a day-long strike last Friday on similar grounds along with demand for immediate settlement of their wage negotiations.
The government-backed IPPB is set to go live with 650 branches and 3,250 access points across the country on September 1.
Established in 1906, the Pune-headquartered Cosmos Bank is the second oldest and second biggest cooperative bank in the country, enjoying the status of a multi-state scheduled bank.
Saturday will remain open since it is the fifth Saturday of the month. Banks are only closed on second and fourth Saturdays.
In case the borrower does not have a passport, the bank should obtain a certificate in the form of declaration that the person does not have the passport, sources said quoting the Finance Ministry's advisory to banks.
In an official statement Indian Banks' Association clarified that 'there is neither a move by banks for a blanket removal of free services nor such a thing is being contemplated'.
At least 20 people were killed and more than 50 injured after a car bomb exploded outside a bank in Lashkar Gah, capital of the southern Afghan province of Helmand on Thursday
Two weeks after amendments were brought to the Banking Regulation Act 1949 , the Reserve Bank of India (RBI) on Monday outlined the broad contours of an action-plan to resolve the Rs. 9.7 lakh crore bad debt
India’s largest bank State Bank of India reported a net profit of Rs. 2814 crore in its fourth quarter ended March, 2017, while its bad loans also fell to 6.9 per cent compared to 7.23 per cent in December 2016.
After many public sector banks making headlines over their falling financials, IDBI bank on Thursday reported its standalone net loss at Rs 3,199.76 crore
Justifying its move for levying penalty on non-maintenance of minimum balance in accounts, the State Bank of India (SBI) on Wednesday said that the bank needs to impose some charges to balance the "burden" of
The Reserve Bank will start reimbursing MDR charges to banks for payments made since 1 January through debit cards by citizens, in line with the government’s move to further digital solutions. In December 2016, the
Claiming that they have solved the mystery behind the firing on a bank CEO, Police today arrested three accused while the hunt is on for the fourth. Police Commissioner Mahender Reddy announced the breakthrough in
Suspected militants on Thursday looted the Jammu and Kashmir Bank's Ratnipora branch and fled with about Rs 11 lakh, police said.
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