The top five banks in terms of their earnings from non-maintenance of minimum balance fee are SBI, HDFC Bank, Axis Bank, ICICI Bank and PNB.
Apparently senior management at PSU banks are considering to introduce a system that could link salaries to performance.
Many banks offer certain debit card transactions free of cost in a month. SBI, ICICI Bank and HDFC Bank currently levy charges on any usage beyond these.
A casual act of letting your spouse or a close relative/friend withdraw money from an ATM using your debit card could prove costly.
All India Bank Employees Association (AIBEA), said: “For the last four to five years, banks have been earning an operating profit, but net profit is wiped out because of bad loans.
A Supreme Court verdict has paved the way for regional rural bank (RRB) employees draw pension at par with nationalised banks, ending a two-decade long legal battle.
In a major headache for Public Sector Banks (PSBs) in the country, the recovery rate of non performing assets (NPA), which were written off, has been declining.
नोटबंदी के बाद एक बार फिर एटीएम (ATM) और बैंकों में कैश का संकट गहरा गया है। एटीएम में कैश की किल्लत को लेकर कई कारण सामने आ रहे हैं।
The finance ministry is in discussion with the Reserve Bank of India (RBI) for relaxation of norms regarding stressed asset resolution that was announced in February.
Anomaly in Computation of Pension – Anomaly in computation of Pension Civil Appeal No. 5525 of 2012, Filed in the Hon`ble Supreme Court of India by Bank of Baroda & Ors with other Civil Appeals
The Union government has informed the Parliament that the regulations framed by the Reserve Bank of India (RBI) apply equally to both public and private sector banks.
11th Bank Employees Wage Revision - IBA Invites UFBU for Negotiations on Wage Revision fixed on 21.2.2018
Income-tax Rules amended to provide that bank shall obtain and link PAN or Form No. 60 (where PAN is not available) in all existing bank accounts (other than BSBDA) by 28.02.2017.