HDFC, ICICI and Axis Bank to levy charges on ATM cash transactions
For promoting the usage of cashless transactions, some banks have begun charging a minimum amount of Rs 150 per transaction…
02 MAR 2017
Deposit account
Home
/ Tag /
Deposit account
RBI takes U-turn, revokes Rs 5000 deposit limit for all KYC accounts
After facing severe flak for its controversial rule on cash deposit restrictions, Reserve Bank of India (RBI) reverses the limit…
21 DEC 2016
‘Over Rs.5000 in old notes to be deposited only once before Dec 30’
Finance Ministry and the Reserve Bank of India (RBI) have directed cash deposits exceeding Rs 5,000 in old notes can…
20 DEC 2016
RBI’s order on 100% incremental CRR may spell trouble for banks
The Reserve Bank of India has recently ordered the banks to deposit Rs 3,24,000 crore as CRR that was mobilised…
01 DEC 2016
Retail biz to account for 20% of advances, says IDFC Bank chief
The IDFC Bank hopes retail sector to account for one-fifth of advances and 10-12 percent of deposits by end of…
28 JUL 2016
