Salary hike, 5-day work week for PSB employees by mid-December: Report The current wage agreement for PSB employees expired on November 1, 2022

RBI in discussions with US, Hong Kong, Swift on digital bank payments Current practices involve routing funds through banks using the Swift platform. CBDCs could enable direct settlements between parties, offering advantages such as speed and cost-efficiency

Private general insurers expand market share to 53.58% in H1FY24 Private general insurers increased their combined market share to 53.58 per cent in gross direct premium underwritten in the first half of the current financial year from 50.81 per cent in the year-ago period. As many as 31 insurers from the non-life industry had underwritten gross direct premiums of Rs ...

SBI UPI services will be down on this day; Check your alternatives [ad_1] State Bank of India (SBI) customers will not be able to access UPI on November 26, 2023 for some time. However, they will be able to access internet banking services, YONO YONO Lite, and ATM due to technology upgrade in UPI. According to the SBI social media ...

FinMin calls meeting of bankers to deal with digital payment fraud The Finance Ministry has called a meeting of senior bankers and RBI representatives on Tuesday to discuss steps to deal with increasing digital payment fraud and cyber security issue. The meeting to be chaired by Financial Services Secretary will discuss issues related to financial cyber security and increasing digital ...

Credit card spending in India rises to Rs 1.78 trn in Oct, sets record Industry likely to see loan growth moderating after RBI asks banks, NBFCs to increase risk weight for unsecured lending

IndusInd Bank to allow CNG bill payments through CBDC in Delhi-NCR The users will also be allowed to scan any UPI QR using their digital Rupee app across all IGL stations in the region

Rajasthan general election 2023: Are banks, government offices closed on Saturday? [ad_1] General elections will be held in the state of Rajasthan on Saturday, November 25, 2023. Due to the elections, the government of Rajasthan has declared a holiday. According to the October 16, 2023 notification issued by the state government, the date of the election has been declared a ...

Fund pick: HDFC Flexicap fund Fund pick: HDFC Flexicap fund

Over 50% of Individuals Receive Refunds in a Month [ad_1] (This story originally appeared in on Nov 23, 2023) New Delhi: More than half the individuals and 45% of businesses received income tax refunds within a month, a key factor for more than 80% of the respondents of a CII survey, indicating that they have greater trust in the tax ...