Banking Service News

Money

Pradhan Mantri Jan Dhan Yojana: From benefits to impact; all you need to know

The Pradhan Mantri Jan Dhan Yojana is a National Mission focused on achieving holistic financial inclusion and ensuring the provision of banking services to every household across the nation.

3 min read20 Oct 2023
Economy

Wyoming Effort to Support Crypto-Focused Banks Set Back by Fed Concerns About Industry

The state’s new special-purpose depository institutions haven’t received Fed approval for master accounts at the central bank.

3 min read6 Sep 2023
From:
Industry

White label ATMs set to drive ATM spread in tier III to VI centres: Karad

To expand ATM access in the country, the Reserve Bank of India has granted permission to non-bank entities to establish, own, and operate White Label ATMs nationwide. This move is aimed at enhancing banking services‘ reach and promoting financial inclusion.

1 min read25 Jul 2023
Videos

Why Should You Be Wary Of Fancy Banking Programs For The Rich

Get an insider's look at premium banking programs and the luxurious lifestyle services they offer. From airport lounges to discounted movie tickets, explore the rewards that come with being a high-net-worth individual. But beware! We'll also expose the potential hidden costs and mis-selling practices you need to be aware of.

30 Jun 2023
Special-reports

Internal JPMorgan Report Provides New Details on Bank’s Ties to Jeffrey Epstein

Report concluded in 2019 that Epstein regularly gave personal and business advice to Jes Staley, set up meetings with government officials

4 min read20 Jun 2023
From:
Companies

RBI imposes monetary penalty on Sawantwadi Urban Co-operative Bank, here's why

The Reserve Bank of India has fined Sawantwadi Urban Co-operative Bank ₹3 lakh for contravention of directions contained in the Supervisory Action Framework. The penalty came after a thorough statutory inspection of the bank.

1 min read5 Jun 2023
Markets

SBI Cards’ spends in March promising; rising competition a worry

Data from the Reserve Bank of India (RBI) shows spends on SBI Cards rose by 12% sequentially and 21% year-on-year in March.

2 min read18 Apr 2023
Industry

RBI allows lenders to take deposits for funding green projects

The decision is part of the RBI’s push to put in place regulations that encourage the nation’s banks to lend more to environment-friendly projects and mitigate risks emerging from climate change

1 min read11 Apr 2023
Industry

Deutsche Bank is looking at strategic job cuts, UK CEO says

Deutsche Bank needs to ‘maintain a laser focus on costs’ after promising to keep expenses in check despite rapid inflation, UK & Ireland CEO Tiina Lee said. That involves ‘looking to strategically adjust headcount’ after some ‘tactical’ cuts last quarter, Lee added

1 min read6 Feb 2023
Money

For verifying some banking transactions, face recognition, iris scan allowed: Report

Indians can soon complete their banking transactions with the help of iris scan and face recognition in the absence of necessary documents like PAN card,etc

1 min read13 Jan 2023
Load More

Popular Topics

Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

25 Articles

Plain Facts

Exciting, sharp and clear analysis of the trends that matter, through data and charts. Plain Facts is published every weekday, with coverage spanning across themes, including corporate strategy to inflation to unemployment and emerging sectors. Follow us on #MintPlainFacts across social media.

11 Articles