Indian Banking Industry News, Banking Industry, Banking Analysis, Banking Sector, Banking Companies in India
No plans to introduce new denomination notes: RBI

The Reserve Bank of India on Sunday said it has no plans of introducing new denomination currencies.

 
 
Branches of all five associate banks, which is merging with parent State Bank of India, will begin functioning as SBI branches from April 1.
For savings account in metro cities, HDFC Bank may charge you as much as 600 rupees for not maintaining the minimum balance.
The monthly average balance (MAB) requirement has been increased to as high as Rs 5,000 for branches in six metros.
 
 
The scheme is valid till March 31.  More details on the offer are awaited.
Airtel Payments Bank, offered by telecom major Bharti Airtel, announced that over one lakh savings accounts were opened in 100 villages across Tamil Nadu.
Earlier on February 28, the CSO retained the growth projection for the current fiscal at 7.1 per cent.
Eva is India's first AI-based banking chatbot and can answer millions of customer queries across multiple channels instantly, HDFC Bank said in a statement.
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