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Digital Savings Accounts: The Future of Banking Convenience
The way we manage our money is evolving, and digital savings accounts are at the forefront of this financial revolution. As technology continues to advance, traditional brick-and-mortar banking is making way for digital banking solutions that offer unparalleled convenience and accessibility. ...
Navigate Financial Planning Amidst Indias Bank Holidays!
In India, bank holidays can significantly impact your financial planning and transactions. With a diverse cultural landscape, the country celebrates numerous festivals and events, resulting in varied bank holidays across different states. For individuals and businesses alike, understanding how to navigate ...
RBI Directive Puts Bank of Baroda's Digital Growth at Risk
In a recent move, the Reserve Bank of India (RBI) has directed Bank of Baroda to suspend customer onboarding through its mobile application, bob World. This directive is expected to have significant implications on the bank's ability to sustain liability growth, ...
Canara Bank Launches Electronic Bank Guarantee
Canara Bank ushered in a new dawn of digital banking on its 117th Founder's day, with issuance of an Electronic Bank Guarantee (e-BG) in partnership with National E-Governance Services Limited (NeSL). Bank now offers an API based digital workflow of Bank ...
Union Budget, 2022: Govt. Will Initiate 75 Digital Banks
In the Union Budget 2022-2023, FM Nirmala Sitharaman says, a total of 75 digital banks will be initiated soon, by the union government. This will enhance digital payments in the country. This move is expected to be more economical and user-friendly ...
6 Best Payment Banks in India 2021
The Reserve Bank of India has formed Payment Banks to facilitate more transaction and savings accounts for the underserved population who lack banking access. Payment Banks will assist those who have little or no banking access.One of the most recent trends ...
Now Create Multiple Axis Bank UPI Ids with PhonePe
PhonePe, India's leading digital payment network, announced that it has collaborated with Axis Bank, on the Unified Payments Interface (UPI) multi-bank model. It aims to offer its users the ability to build and use multiple UPI IDs with the "@axl" handle of ...
How To Use SBI Digivoucher App For Cash Deposits?
State Bank of India has come up with a new green initiative offering convenience of filling vouchers using smart phones. Now, there is no need to fill challan at the bank counter to make cash deposits, RTGS, NEFT request, or request ...
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