Indian Banking system is one of the sources that facilities the economy of the country. With time, banking in India has undergone significant transformations and hence there have been several inventions from time to time to support the same. In this article, we will learn about some of the codes introduced for the banking sector…
हिंदी में पढ़े The Union Cabinet approved the merger of 10 public sector banks into 4 entities that have become effective from 1st April 2020. After this merger drive, the number of Public Sector Banks has reduced to 12 which was 27 before 2017. “The amalgamation is being done so that customers are able to…
Life is uncertain and tough situations can arise anytime. If you want to be prepared financially to face those circumstances, you should plan. With the right preparation and planning, you can prevent a financial crisis from becoming grave and only deal with a temporary setback. Any event like a job loss, illness, market meltdowns, or…
In the wake of the coronavirus outbreak when the entire nation is advised to stay indoors ICICI Bank announced the launch of “ICICIStack”. ICICIStack incorporates comprehensive digital banking services and APIs (Application Programme Interface) that ensure uninterrupted banking experience to its customers. ICICIStack includes almost 500 banking services that cover all the requirements of retail…
State Bank of India has waived off the requirement of maintenance of Average Monthly Balance (AMB) for all Savings Bank Accounts. The bank has also decided to reduce the interest rate on the savings account to 3 percent per annum, irrespective of the amount deposited by the account holder. Further, SBI has also waived SMS…
Note: The information on this page may not be updated. Kindly refer to the bank website to check the latest information. Savings accounts are a great way to save funds for the future. Modern savings accounts are feature-packed and offer quick links to pay bills, make instant transactions, etc. to the account holder as soon…
