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MULTIPLE ACCOUNTS IN ONE BANK
NRO account for NRIs: Which funds can be deposited, tax on interest and repatriation rulesFor NRIs, establishing or converting an existing bank account is vital upon confirming non-residence status. An NRO account facilitates the...- Rs 1.09 crore remittance sent to home by an Indian working in Kuwait, but he didn't file ITR, received income tax notice; gets relief in ITAT AhmedabadIndian man working in Kuwait oilfields, got his salary in National Bank of Kuwait, remitted Rs 1.09 crore back to family in India, files no...
- NPCI working on protocols to authorise AI agents on UPI, says chairman Ajay Kumar ChoudharyIndia's NPCI is examining protocols for AI agent identification within the UPI ecosystem. This move aims to enable autonomous payments on t...
- Will State Bank of India’s branches be closed on September 11 bank strike day? Here’s what SBI saysBank strike September 11, 2026: Bank unions have announced multiple strike dates starting September 11, 2026. State Bank of India advises c...
- GFF 2026: After KYC, SBI chief flags ‘Know Your Agent’ as AI enters bankingAgentic AI's growing use in finance necessitates new checks beyond customer identification. Banks may develop a 'Know Your Agent' framework...
- MobiKwik expands digital forex retail service to six currenciesMobiKwik has expanded its digital foreign exchange service to six currencies, including the UAE dirham and euro. This new multi-currency of...
- ‘99% accuracy is not enough’: SBI chairman lays out three rules for trusted AIFinancial institutions must build trust into agentic AI systems from the outset. These systems require 100% accuracy and consistent perform...
- Should you have multiple bank accounts? Here’s how many you really needShould you keep all your money in one bank account or spread it out? While multiple accounts can aid in budgeting and offer deposit insuran...
- SRG housing loans worth Rs 400 crore may be fictitious: National Housing BankThe National Housing Bank raised concerns over SRG Housing Finance, identifying potentially fictitious loan accounts. Investigations have r...
- Jio Payment Solutions launches cross-border payments to connect exporters with global marketsJio Payment Solutions has launched a new cross-border payment platform. This facility helps Indian exporters receive international payments...
- Axis Bank’s HQ hunt leaves 3,000 staff scattered across MumbaiAxis Bank plans to temporarily relocate staff across multiple Mumbai offices. The bank seeks a larger single office space for its employees...
- Savings account interest rates of up to 7%: Canara Bank, Bank of India, IDFC First Bank revise rates; check detailsCanara Bank, Bank of India, and IDFC FIRST Bank have announced updates to their savings account interest rates, which will take effect on S...
- GFF 2026: Multipl launches UPI-linked spending account to let users invest money set aside for expensesMultipl has launched a new spending account linked to UPI payments. This innovative account allows users to invest money earmarked for dail...
- Your bank account could one day become an AI agent: Perfios Group CEO Nitin ChughBank accounts may soon act as AI agents, understanding finances and offering recommendations. These agents could coordinate, make decisions...
- Sberbank showcases AI, digital technologies and India-focused solutions at InnopromSberbank presents its Digital Mine concept at INNOPROM.India in New Delhi. The exposition highlights banking infrastructure and advanced te...
- No villages in India achieved SDGs as of 2021, study estimatesAs of 2021, Indian villages faced significant challenges in meeting multiple sustainable development goals, with gaps in access to essentia...
- Bank OTPs were sent to duplicate SIM card instead of real one, audit company loses Rs 79 lakh; Bank of India ordered to pay Rs 1.5 croreAn IT Act adjudicating authority has ordered Bank of India to pay Rs 64.44 lakh, which works out to nearly Rs 1.5 crore with 12% annual int...
- How to choose a safe, regulated forex broker in IndiaWhen choosing an Indian forex broker, it's essential to evaluate their regulatory compliance and account protection measures thoroughly. An...
- Slice closes $100 million round as valuation more than halves to $470 millionThe fintech-turned-bank has raised the money from existing backer Moore Strategic Ventures, the New York-based investment arm of the hedge ...
- IDFC First Bank 'scam': CBI files chargesheet against 6 Haryana IAS officers, 13 othersThe CBI filed a chargesheet against nineteen accused in a Rs 504-crore fund misappropriation case. Six Haryana cadre IAS officers and bank ...
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