by newsworm | Nov 25, 2024 | Axis bank, Banking, DCB Bank, IndusInd Bank, RBL Bank
According to ET Now, some banks are offering high-interest rates on fixed deposits, with returns as high as 9%. This is attractive for individuals looking to grow their savings while ensuring principal safety. Here are the banks offering high return FDs: 1. SBM Bank... by newsworm | Nov 25, 2024 | Banking, RBI, RBL Bank
The Reserve Bank of India (RBI) has imposed monetary penalties on six banks, including one private sector bank, RBL Bank, and five cooperative banks, for violating various rules and regulations. The penalties range from Rs 1 lakh to Rs 61.40 lakh. RBL Bank was fined... by newsworm | Nov 23, 2024 | Banking, RBI, RBL Bank
The Reserve Bank of India (RBI) has fined RBL Bank ₹61.4 lakh for violating its “Know Your Customer” (KYC) directions. The bank did not obtain officially valid documents (OVDs) for certain credit card accounts and assigned multiple customer identification...