Banking services partially impacted on second day of strike Banking services were partially affected for the second day Wednesday, as a section of PSU bank employees came in support of the nation-wide strike call given by 10 central trade unions against the alleged anti-labour policies of the government. All...
RBI relaxes withdrawal limit for depositors of City Co-operative Bank (IE) The Reserve Bank has increased the withdrawal limit for depositors of City Co-operative Bank Ltd, Mumbai, to Rs 5,000. Amid weakening of the financial position of the cooperative bank, the RBI in April had imposed several restrictions on...
At the same time, public sector banks (PSBs) have also made a record in recovery of Rs 60,726 crore in the first half of the current financial year, which is more than double the amount recovered in the corresponding period last year. Various initiatives taken by the government have...
Yes Bank to use data analytics to offer right mix of products With an increasing focus on retail customers, Yes Bank is now churning data to understand customer behaviour and offer a right mix of products based on a predictability model, a senior official said. The bank has already...
Paytm Payments Bank is looking to acquire about 100 million new customers by the end of this year. The Reserve Bank of India (RBI) has given its approval to Paytm Payments Bank Ltd, which is co-owned by One97 Communications and Vijay Shekhar Sharma, to restart its know your customers...