Apart from through guardian route–[1] minors of 10 and above — can also be allowed to open and operate savings/ term deposits independently if they wish [ and these terms must be clearly conveyed to the account holder [2] each bank will devise its risk management policies and banks are allowed to offer additional banking facilities such as internet banking — ATM/debit cards – cheque book etc –of course it also depends on risk management policies of concerned bank–product suitability and customer appropriateness – Courtesy BusinessLine

Raghav Chadha – ‘Minimum balance, ATM usage, inactivity fee…’: Raghav Chadha calls out banks over hidden charges – ‘Minimum balance, ATM usage, inactivity fee…’: Raghav Chadha calls out banks over hidden charges BusinessToday

https://www.businesstoday.in/india/story/minimum-balance-atm-usage-inactivity-fee-raghav-chadha-calls-out-banks-over-hidden-charges-469580-2025-03-27 Clipped from: https://www.businesstoday.in/india/story/minimum-balance-atm-usage-inactivity-fee-raghav-chadha-calls-out-banks-over-hidden-charges-469580-2025-03-27 “Money is stolen from the customers, and they don’t even know how much money banks take away from them under these charges

CD ratio cut won’t be as steep in FY26: HDFC Bank MD & CEO Jagdishan | Company News – Business Standard

https://www.business-standard.com/companies/news/hdfc-bank-cd-ratio-adjustment-in-fy26-will-not-be-as-steep-md-ceo-125042000447_1.html Clipped from: https://www.business-standard.com/companies/news/hdfc-bank-cd-ratio-adjustment-in-fy26-will-not-be-as-steep-md-ceo-125042000447_1.html CD ratio of HDFC Bank to return to pre-merger levels (85-90 per cent) in FY27 Sashidhar Jagdishan, MD And CEO Of HDFC

Vishwakarma scheme faces challenges with loan approval rate at just 28%

https://www.business-standard.com/industry/news/vishwakarma-scheme-faces-challenges-with-loan-approval-rate-at-just-28-125041001044_1.html Clipped from: https://www.business-standard.com/industry/news/vishwakarma-scheme-faces-challenges-with-loan-approval-rate-at-just-28-125041001044_1.html While a total of 13.93 lakh loan applications were submitted to PSBs, only 3.9 lakh were approved, highlighting a significant gap in

On Rate Cut and change of stance from neutral to accommodative –Mr Bandyopadhyay responds [1] despite this,  stock market indices dropped and bank stocks tumbled — due to concern of an economic slowdown which is official now [2] And banks will have a challenging time– with the policy rate going down, the loan rate for a  sizeable chunk of their portfolio will have to be paired but they won’t be able to bring down their deposit rates to that extent–[3] NIM will suffer– Courtesy Business Standard

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