RBI Fines Top Banks For Failing KYC Norms
If you haven’t complied with KYC requirements attached to your bank account, your bank may have just suffered the consequences. In a serious move, the Reserve Bank of India (RBI) has cracked the whip on some of the top banks…
SBI launches online application service for youth
Country’s largest financer State Bank Of India Card has on August 28, 2012 launched an online application service which aims to acquire about 3,000 customers through its initiative in the next four months. With the new service the bank aims…
Dena Bank not to reduce lending rates after SBI
Indian money lender Dena Bank on July 10, 2012 said that it will not follow the footsteps of the State Bank of India by reducing the lending rates. The bank also said that its rates were the lowest in the…