Latest Breaking News On - Rbi regulations - Page 2 : comparemela.com

RBI penalises five cooperative banks for regulatory incompliance

The Reserve Bank of India has imposed penalties on five cooperative banks as they were not complying with the rules and regulations of the central bank

Reserve bankCooperative banksBank regulatorReserve bank of indiaPenalizing cooperative banksUrban cooperative bankKarnataka state cooperative apex bankRbi regulationsCredit flow

Explained: Why India s Rapidly Growing Buy Now Pay Later (BNPL) Sector Is In Crosshairs Of RBI Regulatory Action

Explained: Why India s Rapidly Growing Buy Now Pay Later (BNPL) Sector Is In Crosshairs Of RBI Regulatory Action
swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.

Bank preCompanies circumvent regulationsIndian buy now pay laterReserve bankNon bank pre paid instrumentsSettlement systems actRbi regulationsFintech indiaBuy now pay later bnpl

SBI collects Rs 300 cr from zero balance accounts for certain services in 5-yr: Study

Synopsis The study observed that the SBI s decision to levy a charge of Rs 17.70 for every debit transaction beyond four by the BSBDA account holders cannot be considered as reasonable . Agencies Even ATM cash withdrawals come at an exorbitant fee of Rs 40. Needless to mention that the bank also imposes a debit freeze beyond 10 debits a month by IDBI Bank. Several banks, including State Bank of India (SBI), have been imposing excessive charges on certain services provided to poor persons having zero-balance or Basic Savings Bank Deposit Accounts (BSBDA), a study by the IIT-Bombay has revealed. The study observed that the SBI s decision to levy a charge of Rs 17.70 for every debit transaction beyond four by the BSBDA account holders cannot be considered as reasonable.

Aashish dasBank board of directorsSavings bank deposit accountProtection departmentDevelopment departmentPunjab national bankSavings bank deposit accountsBasic savings bank deposit accountsBasic savings bank deposit accountConsumer educationFinancial inclusionState bank of indiaDebit transactionRbi regulationsஆஷிஷ் தாஸ்வங்கி பலகை ஆஃப் இயக்குநர்கள்

SBI collects ₹300 cr from zero balance accounts for certain services in 5 years: IIT-Bombay study

The study observed that the SBI s decision to levy a charge of ₹17.70 for every debit transaction beyond four by the BSBDA account holders cannot be considered as reasonable

Zero balance accountsDebit transaction beyond fourBsbda account holdersBasic savings bank deposit accountsRbi regulationsIit bombayபூஜ்யம் சமநிலை கணக்குகள்அடிப்படை சேமிப்பு வங்கி வைப்பு கணக்குகள்இத் குண்டு