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Now Banks Can Shift, Merge Or Shut Urban Branches 2015-08-07 06:33:35
In a notification published on its website, RBI said that banks can “shift, merge or close all branches except rural branches and sole semi-urban branches at their discretion”. Shifting, merging or closing a branch in a rural area or a...
Keywords: RBI, mobile branches, rural bank branches, automated teller machines
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NRIs and PIOs Face Heat of Demonitization 2017-01-16 10:58:28
After local residents in the country stood hours in long lines for the exchange of their old 500 and 1000 currency notes, now NRIs and People of India Origin (PIO) are waiting in the long queues to exchange their old...
Keywords: Demonitization in India, NRI and PIO face Demonitiztion heat, Demonitization problems faced by NRI and PIO, Demonitization problems faced by NRI and PIO
Read More Mobile phones to become ATM, small-payments cheque-book 2015-08-26 10:00:56
After the new payments banks become operational, you may not have to depend on carrying cash in hand. Your mobile phones will turn as a virtual automated teller machine (ATM), bank branches and small-payments cheque-book. Thus going forwards, your mobile...
Keywords: mobile banking, mobile banking, bank branch, virtual automated teller machine
Read More Chidambaram says: Government plans to open 7,000 new bank branches every year 2013-04-29 11:23:48
Fact-fully, Finance Minister P. Chidambaram, who was on a weekend visit to his parliamentary constituency of Sivagangai in Tamil Nadu, has revealed that the government has plans to open at least 7000 new bank branches every year across the country....
Keywords: sivagangai collectorate, banks in india., tamil nadu, state bank of india
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Three branches of Webster Bank to be closed in Connecticut 2017-01-18 11:42:03
Webster Bank of Waterbury will be closing its 8 branches across four states in the US, including 3 branches in Connecticut, during a 2 month period in this spring. Back officials said that they will be closing their branches, starting...
Keywords: Connecticut news, Connecticut news, Webster to close its three branches in Connecticut, Three branches of Webster Bank to be closed in Connecticut
Read More RBI guidelines on accounts portability 2012-04-28 09:48:02
RBI said, in order to comply with KYC needs of the correct address of the person, fresh address proof may be obtained from customers upon such transfer by the transferee branch. The Reserve Bank of India (RBI), on Friday, instructed...
Keywords: fresh address proof, Reserve Bank of India (RBI), fresh address proof, Reserve Bank of India (RBI)
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