ATM numbers dip in FY25 as digital payments rise: RBIIndia saw a moderate drop in ATM numbers during FY25. This trend is linked to the rise in digital payments. Meanwhile, the country's bank b...
29 Dec, 2025, 07.27 PM IST
Online banking in BSBDA: RBI extends free digital banking service to basic savings account holders, check detailsThe Reserve Bank of India announced that Basic Savings Bank Deposit Account (BSBDA) holders will now gain access to digital banking service...
01 Oct, 2025, 11.50 AM IST
Financial inclusion deepening, but infrastructure and literacy still hurdles: BLS E-Services ChairmanIndia’s business correspondent model to turn hybrid, tech-led by FY27, says Shikhar Aggarwal, Chairman of BLS E-Services.
09 Sep, 2025, 11.47 AM IST
ICICI Bank shuns the mass, bets on the richICICI Bank has significantly increased its minimum balance requirements for savings accounts, particularly in metro and urban areas, signal...
09 Aug, 2025, 01.19 PM IST
Basic Savings Bank Deposit Account: What are KYC norms for BSBDAs accounts?Customers must agree in writing to the cancellation of their existing non-BSBDA Savings Bank accounts prior to creating a "Basic Savings Ba...
10 Jun, 2023, 04.28 PM IST
Rapid introduction of a central bank digital currency is fraught with risks, especially for end-usersSome cite the danger that the RBI, by failing to issue its own digital unit, will lose control of the payments system to private payments p...
04 May, 2022, 11.11 PM IST
SBI collected Rs 300 crore from zero-balance accounts for certain services in 5 years, reveals studyThe 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 holder...
12 Apr, 2021, 09.55 AM IST
Vakrangee: An emerging leader in financial inclusionVakrangee is the 13th-largest ATM operator in India, and third-largest player in rural India.
31 Jan, 2020, 08.44 AM IST
No-frills account holders pay heavy penalty for exceeding withdrawal limit: ReportThe Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched in August 2014 with an eye to boost the financial inclusion programme across the co...
27 May, 2018, 11.18 PM IST
RBI imposes restrictions on withdrawal from certain bank accountsAs per a RBI notification, withdrawal or transfer of funds won't be permitted in accounts without quoting of PAN or submission of Form 60.
15 Dec, 2016, 09.11 PM IST