https://www.financialexpress.com/business/banking-finance/bank-fraud-hits-public-sector-stocks-harder-study/4367302 Public Sector Bank Stocks Suffer Sharpest Drop Bank fraud cases tend to hurt public sector bank stocks more sharply than private bank stocks with
Category: RBI–Banks
***UPI limit: What happens if you transfer Rs 1 lakh through multiple transactions in a day?
https://www.financialexpress.com/money/upi-limit-what-happens-if-you-transfer-rs-1-lakh-through-multiple-transactions-in-a-day-4365540 As per the announcement, UPI payments above Rs 2,000 carry an MDR of 0.4%. The Merchant Discount Rate (MDR) framework for Unified Payments Interface
*****Rising bond yields add to banks’ ECL transition burden
https://www.financialexpress.com/business/banking-finance-rising-bond-yields-add-to-banks-ecl-transition-burden-4365594 Rising government bond yields are threatening to increase the cost of banks’ transition to new accounting norms from April 2027. While most banks have
HDFC Bank, ICICI Bank, Axis Bank Q2 Preview: FCNR(B) inflows may boost deposits, weigh on NIMs
https://www.financialexpress.com/business/banking-finance-hdfc-bank-icici-bank-axis-bank-q2-preview-fcnrb-inflows-may-boost-deposits-weigh-on-nims-4363121/ Shared by Financial Express android app click here to download https://financialexpress.page.link/fe_app
*******Compensation of Rs 100 to Rs 5,000 per day for delay by bank in processing your request in these 5 situations
Read more at:https://economictimes.indiatimes.com/wealth/legal/will/compensation-of-rs-100-to-rs-5000-per-day-for-delay-by-bank-in-processing-your-request-in-these-5-situations/articleshow/134782214.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst What happens if you apply for a credit card closure with your bank, and it takes longer than the prescribed time limit?
