Live Breaking News & Updates on Basic savings bank deposit accounts

Stay informed with the latest breaking news from Basic savings bank deposit accounts on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in Basic savings bank deposit accounts and stay connected to the pulse of your community

RBI fines Mumbai bank for levying extra charge on ATM cards

The RBI has slapped a fine of Rs 13.3 lakh on SVC Co-operative Bank Ltd., Mumbai as it was imposing annual maintenance charges for ATM cards in Basic Savings Bank Deposit Accounts in violation of the central bank's directions.

Mumbai , Maharashtra , India , Rahuls-bharat-jodo , Raghuram-rajan , Rahul-bharat-jodo , Bank-ltd , Savings-bank-deposit , Rahuls-bharat-jodo-yatra , Bharat-jodo-yatra , Basic-savings-bank-deposit-accounts , Risk-assessment-report

RBI fines Mumbai bank for levying extra charge on ATM cards

RBI fines Mumbai bank for levying extra charge on ATM cards
navhindtimes.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from navhindtimes.in Daily Mail and Mail on Sunday newspapers.

Mumbai , Maharashtra , India , Savings-bank-deposit , Bank-ltd , Asian-news-service , Indo-asian-news , Basic-savings-bank-deposit-accounts , Risk-assessment-report , Inspection-report , Basic-savings-bank-deposit

RBI fines Mumbai bank for levying extra charge on ATM cards

The RBI has slapped a fine of Rs 13.3 lakh on SVC Co-operative Bank Ltd., Mumbai as it was imposing annual maintenance charges for ATM cards in Basic Savings Bank Deposit Accounts in violation of the central bank's directions.The statutory ...

Mumbai , Maharashtra , India , Savings-bank-deposit , Bank-ltd , Basic-savings-bank-deposit-accounts , Risk-assessment-report , Inspection-report , Basic-savings-bank-deposit ,

RBI Fines Mumbai Bank For Levying Extra Charge On ATM Cards

RBI Fines Mumbai Bank For Levying Extra Charge On ATM Cards
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.

Mumbai , Maharashtra , India , Bank-ltd , Savings-bank-deposit , Basic-savings-bank-deposit-accounts , Risk-assessment-report , Inspection-report , Basic-savings-bank-deposit ,

RBI slaps Rs13.30 lakh penalty on SVC Coop Bank for levying extra charge on ATM cards

The RBI has slapped a fine of Rs 13.3 lakh on SVC Co-operative Bank Ltd., Mumbai as it was imposing annual maintenance charges for ATM cards in Basic Savings Bank Deposit Accounts in violation of the central bank’s directions.

Mumbai , Maharashtra , India , Savings-bank-deposit , Bank-ltd , Basic-savings-bank-deposit-accounts , Risk-assessment-report , Inspection-report , Basic-savings-bank-deposit , Mutual-fund-returns , Ank-fixed-deposits

Inoperative PAN? ALERT! Now, You Can't Make These Transactions - 15 In Total | Full List

The Permanent Account Number (PAN) was created by the government to facilitate easy retrieval of information and enable the matching of data related to investments, loans, and other business activities of taxpayers. Its purpose is to detect and combat tax evasion while expanding the tax base., Personal Finance News, Times Now

India , Fahad-nasar , Mutual-fund , Savings-bank-deposit , Income-tax-department , Exchange-board-of-india , Banking-financial-company , Image-source , Economic-times , Permanent-account-number , Income-tax-act , Central-board

IRCTC Restores Catering Services in Premium Trains Like Rajdhani, Shatabdi, Duronto, Vande Bharat, Tejas, Gatiman Express

In a significant step towards the restoration of passenger services, the Indian Railways now decided to serve freshly cooked food in Rajdhani, Shatabdi, Duronto, Vande Bharat, Tejas, and Gatiman Express trains. IRCTC Restores Catering Services in Premium Trains Like Rajdhani, Shatabdi, Duronto, Vande Bharat, Tejas, Gatiman Express.

New-delhi , Delhi , India , Vande-bharat , Zonal-railway , Indian-railways , Gatiman-express , Also-read , Whatsapp-reportedly-testing-playback-speed-button , Zonal-railways , Digital-transaction-charges-row , Digital-transactions

ICICI Bank to Revise Banking Service Charges From 1st August

ICICI Bank to Revise Banking Service Charges From 1st August
moneylife.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneylife.in Daily Mail and Mail on Sunday newspapers.

Kolkata , West-bengal , India , Mumbai , Maharashtra , Hyderabad , Andhra-pradesh , Bengaluru , Karnataka , New-delhi , Delhi , Chennai

Stopped recovering charges in BSBD accounts from mid-Sept last year: SBI

April 15, 2021
×
State Bank of India (SBI), on Thursday, clarified that it has stopped recovering charges in Basic Savings Bank Deposit Accounts (BSBDAs) on all digital transactions with effect from September 15, 2020, while retaining charges on cash withdrawals over and above four free withdrawals allowed per month.
Systematic breach
This clarification comes in the wake of Ashish Das, Professor, Department of Mathematics, IIT-Bombay, claiming in a recent report that there had been systematic breach in RBI regulations on BSBDAs by a few banks, most notably SBI, which hosts the maximum number of BSBDAs, by charging ₹17.70 for every debit transaction (even via digital means) beyond four a month.

India , Ashish-das , Savings-bank-deposit , Department-of-mathematics , Savings-bank-deposit-accounts-bsbdas , Savings-bank , State-bank , Basic-savings-bank-deposit-accounts , Regulating-basic-savings-bank-deposit-accounts , These-marginalised , Reserve-bank , Central-board

SBI refunds charges deducted from basic savings bank deposit accounts

State Bank of India (SBI) on Thursday said it refunded the charges it had recovered from Basic Savings Bank Deposit Accounts (BSBDAs) with respect to digital transactions done between January 1 and September 14, 2020, under the directions of the Central Board of Direct Taxes (CBDT).
Last year, the CBDT asked banks to refund the charges collected, if any, on or after January 1, on transactions carried out using the digital mode and not to impose charges on future transactions carried out through such modes.
In a statement, SBI said it had stopped recovering charges in BSBD accounts on all digital transactions with effect from September 15, 2020, while retaining charges on cash withdrawals over and above four free withdrawals allowed per month.

India , Savings-bank-deposit-accounts-bsbdas , State-bank , Basic-savings-bank-deposit-accounts , Central-board , Direct-taxes , இந்தியா , நிலை-வங்கி , அடிப்படை-சேமிப்பு-வங்கி-வைப்பு-கணக்குகள் , மைய-பலகை , நேரடி-வரி