Bank staff’s first duty is to meet needs of customers, not targets
Banks must ensure their employees understand that the primary responsibility is to serve a customers’ financial needs, while maintaining a
Read moreBanks must ensure their employees understand that the primary responsibility is to serve a customers’ financial needs, while maintaining a
Read moreReserve Bank of India Governor Shaktikanta Das asked bank boards to democratise discussions and prevent excessive dominance by few members.
Read moreTo align cross-border payments ecosystems with G20 priorities, 21 innovative proposals with the potential to succeed have been identified, Reserve
Read moreRBI is determined to bringing down inflation to 4 per cent and will remain watchful of risks as more frequent
Read moreThe Reserve Bank of India appointed Bandhan Bank for disbursement of civil pension. The bank will soon be integrated with
Read moreThe RBI held a conference for directors of tier3 and 4 urban co-operative banks (UCBs) in the Mumbai zone. This
Read moreThe Reserve Bank is likely to launch the pilot of Central Bank Digital Currency (CBDC) for transactions for interbank borrowing
Read moreRBI has directed lenders to levy penalty for default by borrowers as ‘penal charges’ and not as ‘penal interest’ which
Read moreRBI raised the upper limit of an offline payment transaction to Rs 500 from the existing Rs 200 to promote
Read moreRBI has launched a centralised web portal aimed at simplifying the search for unclaimed deposits across banks. SBI, Punjab National
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