by newsworm | Dec 19, 2024 | Axis bank, Banking
Here is a summary of the Axis Bank credit card rule changes: Axis Bank has made changes to its credit card terms and conditions, effective from December 20, 2024. The changes include: * Increase in finance/interest charges from 3.60% to 3.75% per month on all retail... by newsworm | Dec 19, 2024 | Banking, Central Bank of India
Federal Reserve Chairman Jerome Powell has clarified that the central bank does not hold or invest in bitcoin, and there are no plans to change that stance. In a response to a question during a virtual event, Powell said the Fed does not own or invest in... by newsworm | Dec 19, 2024 | Banking, Jammu & Kashmir Bank
Jammu and Kashmir Bank (J&K Bank) celebrated National Pensioners Day across all its branches, honoring the contributions of pensioners, senior citizens, and former staff members. The bank sent celebratory messages to all pensioners and organized special... by newsworm | Dec 18, 2024 | Banking, Central Bank of India, RBI
Non-banking finance companies (NBFCs) operating in the digital lending space have requested the Reserve Bank of India’s permission to offer pre-approved credit on the United Payments Interface (UPI) platform. The central bank had earlier opened the UPI platform... by newsworm | Dec 18, 2024 | Bandhan Bank, Banking, State Bank of India, Tamilnad Mercantile Bank
Tamilnad Mercantile Bank Limited has appointed Shri. Arvind.K as the Head of Integrated Treasury (Executive Vice President) for a period of 3 years, effective December 12, 2024. Arvind.K has over 4 decades of banking experience across various verticals, with over 22... by newsworm | Dec 18, 2024 | Banking, dbs
A strike by DBS workers in Liverpool has been ongoing, with the workers demanding improved pay, conditions, and job security. The strike, which began on October 22, 2022, has received widespread support from local communities and unions, including the socialist party.... by newsworm | Dec 18, 2024 | Banking, State Bank of India
The National Company Law Appellate Tribunal (NCLAT) has dismissed an appeal by State Bank of India, a financial creditor, against an order allowing the disbursement of Non-Fund Based (NFB) facilities to a corporate debtor. The dispute arose from a resolution plan... by newsworm | Dec 18, 2024 | Banking, Karur Vysya Bank
Karur Vysya Bank has expanded its network with the inauguration of four new branches in Tamil Nadu, India. The new branches are located in the cities of Tiruchirappalli, Salem, Madurai, and Coimbatore. This expansion aims to strengthen the bank’s footprint in... by newsworm | Dec 18, 2024 | Banking
The article discusses special Fixed Deposits (FDs) that offer high interest rates, specifically up to 8.10%. These FDs are considered a safe and secure investment option, providing a fixed return over a fixed period of time. The interest rates offered by these FDs are... by newsworm | Dec 18, 2024 | Banking, HDFC Bank, ICICI Bank, State Bank of India
The market capitalization of select Indian companies has seen significant changes. Reliance Industries Ltd.’s market cap surged by Rs 12,246 crore to Rs 16.9 lakh crore, maintaining its position as the most-valued firm. TCS followed, rising by Rs 9,823 crore to...