SBI it offers doorstep banking services to senior citizens and differently-abled customers who completed KYC process and have registered addresses within a radius of 5 kms from home branch. Service is also available for fully KYC compliant account holders

Access to US stocks has become simpler, but one must keep an eye on the cost aspect

Fintech platforms might be taking borrowers for a ride, but onus is on the borrowers too - take loan with an intent to pay back, check the loan agreement parties, and be very alert about the data that you are sharing

The instant loan apps offer loans to individuals and levy exorbitant interest rates and processing charges. These could range from 2-3 per cent per month, adding up to an average of 24-36 per cent a year

Google said it will be implementing strong measures to prevent abuse following reports that these fake loan apps were targeting vulnerable borrowers and then going to extreme lengths to recover money

Clarifying a December 28, 2020 notification, the Department of Revenue in the ministry said cash purchase of jewellery, bullion and precious gems and stones of value more than Rs 2 lakh is not allowed without KYC in the country for the past few years

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IDBI Bank's Video KYC Account Opening (VAO) facility is a completely contactless and paperless mode of on-boarding the customer and tailor made for the demands of post pandemic world

Details about properties put up for e-auctions can be accessed through links provided in ads. There is a designated contact person for auction at SBI branches who can address all queries of prospective buyers, says SBI

According to Nitin Gadkari, this is to eliminate stoppage time at the plazas while also reducing the need for human interactions and cash transactions

SBI mega property e-auction: The State Bank of India will carry out the e-auction to sell the mortgage assets of loan defaulters to recover the dues

Such unauthorised digital lending platforms or mobile apps are demanding excessive rates of interest and additional hidden charges from borrowers. They are also adopting unacceptable and high-handed recovery methods, says RBI

The State Bank of India (SBI) has put up the mortgage assets of loan defaulters to recover the dues through this e-auction and has published the advertisement in the leading newspapers along with its social media handles - Facebook, Twitter, Instagram etc

The average home loan ticket size increased to over Rs 26 lakh in 2020 despite the pandemic

According to ICICI Bank and Amazon Pay, the credit card has become fastest in the country to cross one million milestone. Amazon Pay and ICICI Bank introduced the co-branded credit card in 2018

A new kind of KYC message is being sent to Paytm users claiming that the eKYC document has expired and the Paytm service will be blocked within the next 24 hours. The message warns people that reactivation will not happen unless they call on a given phone number

Six years of Pradhan Mantri Jan Dhan Yojana: The Centre also said that the average deposit per account has increased over 2.5 times to Rs 3,239 since August 2015

SBI account holders will now only have to give a call or send a WhatsApp message (7052911911 or 7760529264 ) to the bank for cash transactions from the ATM

From banking and logistics to governance, the public ledger technology is helping cut cost and time, enhancing efficiencies

Fintechs' ties with banks and NBFCs have come under the Reserve Bank of Indias scanner for shoddy practices. Here is the inside story