The report provided an insight into the activities of the 24 offices of the RBI Ombudsman (ORBIOs), Centralized Receipt ... banking, deposit accounts, credit cards and ATM/debit cards—accounted ...
Before the announcement, March 31 was supposed to be a public holiday everywhere except Himachal Pradesh and Mizoram for the ...
India's deposit insurance fund of nearly Rs 2 lakh crore ranks third globally but covers only 46.3% of deposits due to a Rs 5 lakh coverage limit. Calls for higher coverage have been reignited ...
while depositors can claim up to Rs 5 lakh from the Deposit Insurance and Credit Guarantee Corporation. Funds of over a lakh depositors are stuck with New India Cooperative Bank after being placed ...
ATM cash withdrawal: If you use ATMs, then this news is important for you. The Reserve Bank of India (RBI) is considering increasing the maximum fee and the ATM interchange fee that banks charge ...
we are not going to comment on that," he said. Deposit insurance, as we know it today, was introduced in India in 1962. India was the second country in the world to introduce such a scheme ...
and Bank of India had challenged the high court’s 2013 ruling, arguing that it was unfeasible to station guards at all ATMs round the clock, particularly given the sheer number of machines in ...
A cash crunch at India's second-largest ATM manager AGS Transact has begun to impact cash dispensers of some of India's top domestic banks, after sparking defaults on bank loans, statutory ...
At least three people have lost money over the past few days in an alleged fraud while trying to withdraw money from an ATM of a nationalised bank near Kishore Bharati stadium in Jadavpur. The victims ...
If you’re anything like me, you hate paying extra fees just to access your own money. ATMs are possibly the worst offenders, and their fees are only rising. ATM fees reached a new high in 2024 ...
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