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BANK ACCOUNT WITHDRAWALS
Post office customers can now do paperless transactions at branch offices with Aadhaar e-KYCThe Department of Posts has introduced Aadhaar-based e-KYC at Branch Post Offices, enabling eligible Post Office Savings Account, RD and SS...- Senior citizens can now earn up to 7.95% FD interest at Bandhan Bank as lender hikes fixed deposit rateSenior citizen FD interest rates: Bandhan Bank has boosted fixed deposit interest rates, offering senior citizens a compelling up to 7.95% ...
- RBI's FCNR push may boost banks' deposit growth: CrisilForeign currency deposits are poised for a boost as the RBI removes interest rate caps on certain non-resident accounts until September. Th...
- UPI, Aadhaar banking drive 61% of MSME transactions; AI adoption rises: ReportA significant majority of retailers now feel more confident using digital platforms for daily operations, leading to increased digital paym...
- Binance tightens rules for India users, falls in lineBinance, the world's largest crypto exchange, is now requiring Indian users to provide more details for every crypto deposit and withdrawal...
- ED probes auditors, vendors for colluding with CMRL MD in Kerala money laundering caseThe Enforcement Directorate is investigating Cochin Minerals and Rutile Limited (CMRL) for alleged money laundering, focusing on payments t...
- PhonePe wallet inactivity fees do not affect bank accounts or UPI transactionsPhonePe clarifies inactivity fees apply solely to its prepaid wallet, not linked bank accounts or UPI transactions. Users receiving notific...
- Debit operations of 3 bank accounts of TMC holding Rs 440 cr frozenKolkata's Trinamool Congress faces a financial crisis as three party accounts, holding approximately Rs 440 crore, have been frozen. Rebel ...
- Saturday bank holiday: Are banks open or closed today on June 20, 2026?Bank holiday: Indian banks operate on a mixed schedule, with closures on Sundays and the second/fourth Saturdays. While many services are d...
- NRI credit cards: Rewards and lounge access aren’t everything, what more NRIs should know before getting an Indian credit cardFor Non-Resident Indians (NRIs), an Indian credit card offers significant benefits beyond convenience, including building a crucial CIBIL s...
- ED searches Bengaluru firms over alleged crypto-linked cross-border money transfers; probe estimates over Rs 2,500 croreBengaluru's Enforcement Directorate has raided six locations over alleged illegal cross-border money transfers exceeding Rs 2,500 crore usi...
- NRE vs NRO: One account can make your interest tax-free, the other can attract over 30% TDSNRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...
- India short-bond rally faces risks from cash drain, analysts SayBofA Securities and Bandhan AMC Ltd. expect the Reserve Bank of India to step up short-term cash withdrawal operations in coming months as ...
- TMC's Aroop Biswas writes to bank, seeks freeze on party's Rs 675 crore account amid leadership crisisA major crisis has hit the Trinamool Congress. Former treasurer Aroop Biswas has asked a private bank to freeze the party's Rs 675 crore ac...
- Aroop Biswas seeks freeze on TMC bank accounts, CPI(M) demands complete account freezeFormer Trinamool Congress (TMC) treasurer Aroop Biswas has sought an immediate freeze on the operation of party bank accounts, citing an on...
- Financial Intelligence Unit puts large crypto OTC deals under scanner, asks exchanges for trade dataIndian financial authorities are examining large over-the-counter cryptocurrency trades. The Financial Intelligence Unit is requesting data...
- How NRIs, OCIs may benefit as RBI allows banks to offer higher interest rates on certain FCNRs, NREsThe Reserve Bank of India has temporarily lifted interest rate restrictions on certain NRE and FCNR(B) deposits until September 30, 2026. T...
- What should international students know about Germany's blocked account requirement?Germany requires international students and job seekers to open a blocked account, known as a Sperrkonto, to prove financial self-sufficien...
- SBI revises FCNR(B) interest rates up to 5.75%: NRIs, OCIs & POIs can earn more on these depositsFCNR(B) interest rates: The Reserve Bank of India's announcement to bear hedging costs for FCNR(B) deposits has prompted SBI to revise its ...
- RBI imposes restrictions on Mogaveera Co-operative Bank for 6 monthsThe restrictions are effective from the closure of business hours on Friday for a period of six months and are subject to review, the Reser...
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