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Moneylife Foundation's Pathbreaking Study Identifies the Best and Worst Banks in India in Terms of Service Charges

A pathbreaking new research uncovers substantial variations in service charges levied by banks across India on basic savings bank accounts. The study,

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Conman: Conman dupes minor boy of 3.35L | Vadodara News

A 17-year-old boy was duped by a man who switched his debit card at an ATM booth in Chhani, Vadodara. The accused transferred over Rs 3.35 lakh using the boy's debit card. A complaint was filed at Chhani police station. Read more for details.

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Polling: 12 Alternate IDs for Polling | Ludhiana News

District election officer Sakshi Sawhney announces 12 alternative identity documents allowed for voting by the Election Commission of India, including Indian passport, driving license, and Aadhaar card.

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Service Charge: Service charge by new-age private banks, SFBs seen as reasonable

"The study found that services such as the SMS alert after an account is debited, which is mandated by the RBI, are charged by many banks. Bank of India, for instance, charges for SMS alerts of payment OTPs," said Ashish Das, professor of statistics at IIT Bombay, and the author of the study.

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