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No Onboarding Of New Customers Via Online, Mobile Banking From April 24 At Kotak Bank; RBI Issues Ban

Uday Kotak-founded private sector lender, Kotak Mahindra Bank faces a heavy blow as the apex bank, RBI banned Kotak from onboarding new customers via its online and mobile banking channels. This has come into effect immediately, April 24, 2024. Although, RBI ...

Senior Citizens Benefits: Top Banks Offer High FD Interest Rates

Fixed deposits (FDs) continue to be a preferred investment avenue for individuals seeking stability and assured returns, especially among senior citizens. With varying rates across different banks and institutions, senior citizens often hunt for the most lucrative options to secure their ...

Portfolio Management Services (PMS) vs. Mutual Funds: Detail Analysis

Portfolio management services (PMS) and mutual funds have emerged as two prominent avenues for investors seeking growth and diversification. While both offer opportunities for wealth creation, the debate over which option provides better returns has long been a topic of discussion ...

Top 5 Bank Savings Accounts With No Hidden Charges; Check Details?

In the journey towards financial stability and growth, a robust savings strategy forms the cornerstone for individuals across various stages of life. Whether you're a student embarking on a new chapter, an ambitious entrepreneur, or a seasoned professional planning for retirement, ...

How To Get Pre-Approved Loans At SBI? All You Need Is Four Clicks!

Availing of loans has become easier and more flexible with the advanced technology put in place by Indian banks to tend to customers' needs. However, every loan is approved after a thorough check of your credit score, your monthly salary, work ...

Blackstone-Backed Aadhar Housing Finance Receives SEBI Approval For Rs 5,000 Crore IPO

Aadhar Housing Finance Limited, a leading housing finance company (HFC) focusing on the low-income housing segment in India, has recently garnered final observations from the Securities and Exchange Board of India (SEBI) for its proposed initial public offering (IPO). The company ...

Bandhan Bank Stocks Plunge 7% As CEO Announces Resignation

Shares of Bandhan Bank plummeted by 7% on Monday following the announcement of the resignation of its Managing Director and Chief Executive Officer, Chandra Shekhar Ghosh. The sudden departure of Ghosh, a veteran with over 30 years of experience in microfinance ...

NPS Scheme For Retirement: Two-Factor Aadhaar Authentication, How Does It Work?

National Pension Scheme (NPS) undergoes significant changes, marked by the introduction of enhanced security measures mandated by the Pension Fund Regulatory and Development Authority (PFRDA). With the aim of bolstering security and safeguarding the interests of subscribers and stakeholders, the PFRDA ...

Banks, LIC, Tax Dept, Post Offices, PSU Open On Saturday, Sunday; Why Is There No Bank Holiday On March 31?

Public sector banks, insurers like LIC India, and other government offices including those of PSU and CPSE companies are open on Saturday and Sunday. The reason why government employees are working extra this week is due to the close of financial ...

RBI Imposes Penalty On 6 Co-Operative Banks For Non-Compliances; Who Are They?

The Reserve Bank of India (RBI) has imposed penalties on several cooperative banks across different regions of the country. These penalties underscore the central bank's commitment to maintaining the integrity and stability of the banking system by holding financial institutions accountable ...

Wondering How To Get A Personal Loan At The Lowest Interest Rate? Here Are Some Tips To Keep Handy!

In the current financial landscape, personal loans stand as versatile tools, offering individuals the means to address various life situations with flexibility and ease. Whether it's consolidating high-interest debt, covering unexpected expenses, or pursuing personal aspirations, the significance of personal loans ...

Holi 2024 Bank Holiday: Are Banks Closed From March 23-25? Check City-Wise Details!

Bank Holiday: Indian banks are in for a long weekend, thanks to the special holiday on Monday due to the celebration of the auspicious festival Holi. That being said, banks are closed from March 23 to 25th. However, it needs to ...

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