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October brings costlier consumer durables and potential LPG price hikes. New banking rules affect UPI, ATMs, and bulk fixed deposits, alongside possible interest rate increases.
Althaf T A left a stable banking job to pursue his childhood dream of backpacking across India on a shoestring budget, a decision that has earned him recognition.
Bank unions plan a three-day strike from September 28, potentially disrupting operations for five days. Demands include a five-day week and pension improvements; the government cites welfare measures and negotiation progress.
A trader seeking a loan fell victim to fraudsters who used his bank account to route ₹68 lakh in cyber fraud transactions, after he installed a suspicious app downloaded from a social media loan advertisement.
ATM transaction fees can accumulate; managing withdrawals and avoiding balance checks at other banks' ATMs, plus cancelling unused debit cards, can save significant annual costs.
Under this programme, eligible students can secure loans of up to ₹1 lakh to support their digital learning requirements.
A bank was ordered to pay compensation for deducting minimum balance charges without informing the customer or giving them a chance to rectify a small shortfall, deeming it a deficiency in service.
The RBI has issued ‘Deposit Locker/Safe Custody Article Facility provided by the banks - Revised Instructions’, on August 18, 2021 and the banks have been advised to frame their own Board approved policy/operational guidelines, considering the same.
From PAN–Aadhaar linking and tighter digital payment security to salary revisions under the 8th Pay Commission and higher health insurance premiums, the new year brings several updates citizens need to be prepared for.
Interest income remained flat at ₹1,875 crore during the second quarter of FY26, as against ₹1,878 crore in the year-ago period.
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