Kotak Mahindra Bank penalised by RBI: What happened on April 15, 2024, that was the final straw? [ad_1] The Reserve Bank of India (RBI) took action against Kotak Mahindra Bank, barring it from onboarding new customers through online and mobile banking channels. The regulator also directed the bank to stop issuing new credit cards. This action stems from concerns identified ...

Kotak Mahindra Bank app, Net banking, UPI down? This is what the bank has to say [ad_1] Many Kotak Mahindra Bank customers were unable to use the bank’s mobile app. Some of these customers took to social media to express their dissatisfaction. Addressing the customers’ concerns, Kotak Mahindra Bank said on social media platform, X, that its technical team is ...

How increasing earning and wealth have made personal financial decisions truly ‘personal’ [ad_1] We attended a close friend’s wedding reception last month. It was a small group of friends, and he and his wife moved around talking with us freely. After the guests left, he told us that his new wife was a courageous woman to have met him on ...

Another bank in crisis: RBI stops customers from withdrawing money; what are your rights as depositors if your bank fails? [ad_1] Customers of Shirpur Merchants’ Co-operative Bank in Maharashtra cannot withdraw money from their accounts now after the latest direction of the Reserve Bank of India (RBI). Amid the deteriorating financial condition of the bank, the RBI has imposed several ...

Our business from policies above Rs 5 lakh is down by 10%: Kamlesh Rao, Aditya Birla Sun Life Insurance [ad_1] Traditional plans with premiums above Rs 5 lakh have taken a hit, but the category still comprises the bulk of sales. Meanwhile, ABSLI is renewing its focus on annuity products, Kamlesh Rao, MD & CEO, Aditya Birla Sun Life Insurance ...

UPI's new feature: Soon, you can deposit cash at ATMs through UPI, says RBI In a significant decision, the Reserve Bank of India (RBI) on Friday said it will soon facilitate cash deposit facilities in banks through the use of the popular UPI

RBI to launch mobile app for investing in gov securities: Check details Mobile version of Retail Direct Scheme will ‘enable investors to buy and sell instruments on the go’

NSE awaiting Sebi nod for IPO: Chauhan [ad_1] Mumbai, April 4, 2024: The National Stock Exchange (NSE) is awaiting a nod from Sebi to restart the initial public offering process, said Ashishkumar Chauhan, CEO & MD of the National Stock Exchange, while talking to a journalist delegation in Mumbai, on Thursday. The country’s largest stock exchange, that claims 9 crore ...

rbi mpc decisions: RBI MPC announcements on April 5: FD investors likely to get more time to book fixed deposits at current high rates; all eyes are on RBI [ad_1] Investors who invest in fixed deposits (FDs) have had a dream run the last two years. All thanks to the repo rate hike, the interest rates on fixed deposits have ...

DGFT should issue orders on QCO item imports as replenishment under AA It appears the government intends to give GAEC for exports of SCOMET items only to the parties to whom you have already made some exports