Sunday , June 24 2018

Tag Archives: BANK

Hyderabad Bank Officials Arrested in Rs 6 Crore Fraud Case

Bank fraud in hyderabad

Hyderabad: Ten officials of the Indian Overseas Bank (IOB) in Hyderabad, including two retired bankers, were arrested on Tuesday in an alleged fraud case Rs 6 Crore, according to police. Officials, posted in various branches of the city’s public sector bank, were accused of defrauding the Hyderabad Metropolitan Development Authority ...

Read More »

Banks to Permit Net-Banking Facilities to kick start Digital Transactions


All Bank Accounts with have “Net-Banking” facility enabled for cash-less transactions. This will help to pace up the Digital transactions. An internal assessment meeting was conducted by the ministry on Tuesday (28th Feb) where several presentations were shown to the Union Minister for Electronics and IT, Ravi Shankar Prasad. These presentations ...

Read More »

Transaction tax: Petrol pumps to accept card payments till January 13

Petrol pumps

The threat of petrol pumps owners to reject card payments would have been an embarrassment for the Modi government New Delhi: There was high drama on Sunday after petrol pumps owners vulnerable to stop accepting credit and debit card payments in protest against imposition of up to 1 per cent ...

Read More »

Realty gloom over home loans


The year also saw the launch of segregated home loan products. For instance, SBI launched home loans targeted at government employees and defence personnel Though real estate prices have revised in convinced geographies and home loan rates have fallen by 30-50 basis points (bps) in 2016 from the last year, ...

Read More »