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Checking and savings accounts are usually the best ways to manage the cash you use every day and money you want to put aside for the not-too-distant future. But if you're a U.S. Bank customer,...
The statement comes on the backdrop of RBIs action against Bank Of Baroda regarding the onboarding of customers through BoB world mobile app.
The Reserve Bank of India (RBI) has directed Bank of Baroda (BoB) to suspend, with immediate effect, any further onboarding of their customers onto the 'bob World' mobile application.
This ban comes after RBI found material supervisory concerns while onboarding customers onto the app.
Bandhan Bank experienced issues with its mobile and net banking services, leading to customer complaints on social media. The bank had recently migrated its core banking system and internet banking to a new platform. The bank acknowledged the problem and stated that it was working to resolve it.