November 10, 2026
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  • RBI Approves Balaji Nuthalapadi as Interim CEO of Equitas SFB
  • IFC Extends $150 Million Credit Line to SBI
  • PSBs Could Attract Up to ₹30,000 Crore in Foreign Inflows
  • MobiKwik to Begin NBFC Operations Within Six Months
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accounts

August 2024 Banking Finance Year 2024 RBI NEWS 

RBI flage ‘lakhs’ of accounts used for fraud, evergreening

August 29, 2024 admin 0 Comments accounts, fraud, RBI flag

The Reserve Bank of India has raised an alarm over certain banks having ‘lakhs’ of accounts used for fraudulent transactions

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Banking Finance Year 2024 July 2024 Mutual Fund News 

81 lakh investor accounts added in Mutual Funds in April and May

July 26, 2024 admin 0 Comments accounts, investor, Mutual funds

The mutual fund industry has added over 81 lakh investors’ accounts in the first two months of the current fiscal

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Cooperative Bank News 

Shah: Co-operatives should open accounts in cooperative banks

March 2, 2024 admin 0 Comments accounts, Co-operatives, cooperative banks, Shah

Union Minister for Home and Cooperation, Amit Shah, urged cooperative institutes to open their bank accounts only with cooperative banks

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Mutual Fund News 

Demat accounts rise 34% to 10.8 crore in December

February 11, 2023 admin 0 Comments accounts, crore, December, Demat

The number of demat accounts rose to 10.8 crore in December 2022, a surge of 34 per cent on yearly

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Banking News 

Deposits in Jan Dhan accounts cross Rs. 1.75-lakh crore as on Oct 5

November 28, 2022 admin 0 Comments accounts, cross, deposits, Jan Dhan

The total balance in the basic bank accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY) has crossed the Rs.

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Legal Corner 

Pay penalty for failing to keep books of accounts

May 18, 2022 admin 0 Comments accounts, books, failing, Pay penalty

The Pune Bench of the Income-Tax Appellate Tribunal recently confirmed the penalty imposed on a doctor under Section 271A of

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Industry News 

BSE adds 1 crore investor accounts

November 23, 2021 admin 0 Comments accounts, Ashishkumar Chauhan, BSE, investor

Premier bourse BSE has added 1 crore registered investor accounts to its platform between June 6 and September 21, taking

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Banking News 

SBI clarifies on transaction charges in zero-balance accounts

April 16, 2021 admin 0 Comments accounts, balance, sbi, transaction

SBI has recently released a clarification on the recent media reports based on the outcome of a study. A study

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Banking News 

SBI collects Rs. 300 crore from zero balance accounts for certain services in 5 years: IIT-Bombay study

April 13, 2021 admin 0 Comments accounts, balance, sbi, SERVICES

A recent study by the IIT-Bombay has revealed that several banks, including SBI, have been imposing excessive charges on certain

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Industry News 

EPFO closed 7.1 million accounts in April-December 2020

April 9, 2021 admin 0 Comments accounts, EPFO, million

  The Parliament was informed very recently that Employees’ Provident Fund Organisation closed 7.1 million EPF accounts during April-December, 2020

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Banking Finance Journal

Recent Posts

  • RBI Approves Balaji Nuthalapadi as Interim CEO of Equitas SFB
  • IFC Extends $150 Million Credit Line to SBI
  • PSBs Could Attract Up to ₹30,000 Crore in Foreign Inflows
  • MobiKwik to Begin NBFC Operations Within Six Months
  • Federal Bank Empanelled on MCA SPICe+ Portal for New Companies

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The portal  bankingfinance.in has been sponsored by The Insurance Times Group.  The group ventured to publish the first monthly journal on Insurance in India in the year 1981 which is still is the most widely read Insurance Journal in India.  In the year 1988 we published Banking Finance an exclusive journal on Banking and Finance Segment.  Since then we have covered many milestones and our readership is growing from strength to strength.

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