Banks

December 29, 2021

ATM transactions beyond free limit to cost you more

The RBI has allowed banks to increase the fee for ATM transactions beyond the free monthly permissible limit in order to offset higher interchange fee.

December 17, 2021
Bank strike continues for second day; services across country hit

Shutters of branches across many parts of the country on Friday were down following the strike call given by the United Forum of Bank Union (UFBU), an umbrella body of nine bank unions.
December 16, 2021
PSU bank employees go on two-day strike; services hit at many places

As a result, services such as deposits and withdrawal at branches, cheque clearance and loan approvals might be affected due to the strike. But ATMs are expected to function as usual.
September 26, 2021
India needs 4-5 more SBI sized banks: FM

The FM said there was an urgent need to scale up banking to meet the growing industry needs and ensure that all economic centres are covered with at least one physical or digital banking presence.
September 21, 2021
Seethathodu Co-op Bank secretary suspended over irregularities worth Rs 1.62 crore

The suspension order issued by bank president T A Niwas stated that the action was taken on the basis of the findings of the inquiry report prepared as per the Kerala Cooperative Societies Act
August 31, 2021
NPS age limit raised from 65 to 70

With the upper-age limit being raised, those who had closed their account earlier have also now been permitted to open new accounts.
August 13, 2021
Cooperative dept officials who flagged Karuvannur bank scam suspended

The suspended officials included a woman auditor, who gave special report to the department twice about irregularities, and the Joint Registrar, who officiated in the post for just three weeks.

Banks

ATM transactions beyond free limit to cost you more

Bank strike continues for second day; services across country hit

PSU bank employees go on two-day strike; services hit at many places

India needs 4-5 more SBI sized banks: FM

Seethathodu Co-op Bank secretary suspended over irregularities worth Rs 1.62 crore

NPS age limit raised from 65 to 70

Cooperative dept officials who flagged Karuvannur bank scam suspended

Karuvannur bank scam: Joint registrar and 15 others suspended; two arrests

Karuvannur ‘bank’ fiasco a reminder for Kerala to take quick corrective action

Cooperating in a scam – Part 2 | Scamsters get kid-glove treatment, depositors line up for their hard-earned money