Banks nudge employees for RT-PCR tests every 2 weeks
As the Government is yet to prioritize bankers for COVID-19 vaccination, lenders are advising employees to undergo RT-PCR tests every
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banks
Banks fear another wave of defaults as curbs begin due to COVID-19 second wave
Banks, bruised by the pandemic in 2020, are bracing for more pain as the second wave of the COVID-19 pandemic
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Indian banks may take a Rs. 7,000 crore hit
Compound interest refunds for loans above Rs. 2 crore during last year’s moratorium will cost Indian lenders over Rs. 7,000
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COVID-19 second wave heightens risks for Indian banks
According to Fitch, the second wave of COVID-19 infections poses increased risks for India’s fragile economic recovery and its banks.
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RBI raises accounts limit of payment banks to Rs. 2 lakh
RBI has recently increased the maximum end of day balance for payment banks to Rs. 2 lakh from Rs. 1
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Supreme Court order on interest waiver: PSU Banks may have to take Rs. 2,000 crore
Public sector lenders may have to bear a burden of Rs. 1,800-2,000 crore arising due to a recent Supreme Court
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Passbook & cheque book of 8 banks to become invalid from April 1, 2021
The account numbers of the customers of eight banks, which were recently merged with other big lenders, will change from
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