• SBI to penalise non maintenance of Monthly Average Balance in accounts from 1st of April
SBI to penalise non maintenance of Monthly Average Balance in accounts from 1st of April.
6 Mar, 2017. \\ Business.

State Bank of India has decided to reintroduce penalty on non-maintenance of minimum balance in accounts from 1st of next month. Failing to maintain monthly average balance in accounts will attract ...

  • GST Council approves final draft of Central GST, Integrated GST laws
GST Council approves final draft of Central GST, Integrated GST laws.
5 Mar, 2017. \\ Business.

The GST Council on Saturday approved the final draft of Central GST and Integrated GST laws in its meeting headed by Finance Minister Arun Jaitley in New Delhi.   Briefing media in New Delhi, t......

  • HDFC, ICICI, Axis to charge Rs 150 after four cash transactions
HDFC, ICICI, Axis to charge Rs 150 after four cash transactions.
3 Mar, 2017. \\ Business.

India's leading private banks HDFC, ICICI and Axis Bank have decided to charge a minimum amount of 150 Rupees on cash withdrawal and beyond four transactions in a month. The move was seen aimed at dis...

  • Non-subsidized LPG cylinders to cost Rs 86 more
Non-subsidized LPG cylinders to cost Rs 86 more.
2 Mar, 2017. \\ Business.

The non-subsidized price of LPG cylinder has increased by 86 rupees. The increase in the price of non-subsidized LPG cylinder will not impact the consumers receiving subsidized refills.    ......

  • Bank strike today: One-day protest hits banking services across India
Bank strike today: One-day protest hits banking services across India.
28 Feb, 2017. \\ Business.

Nearly 10 lakh bank employees across India went on strike on Tuesday to protest against various issues facing the country’s banking system.   The United Forum of Bank Unions (UFBU), which...

  • ‘India will not allow any defaulter to escape law’
‘India will not allow any defaulter to escape law’.
26 Feb, 2017. \\ Business.

India is no longer willing to let defaulters escape the law, Union Finance Minister Arun Jaitley said. Speaking at a session on 'Transforming India: Vision for the Next Decade' organised by the London......

  • Reliance Jio to charge for data from April
Reliance Jio to charge for data from April.
22 Feb, 2017. \\ Business.

Reliance Jio will begin charging for data services from April but will give steep discounts for a year to over 100 million customers who have come on board within six months of its launch.   Fo...

  • RBI enhances cash withdrawal limit from Savings account to Rs 50,000
RBI enhances cash withdrawal limit from Savings account to Rs 50,000.
20 Feb, 2017. \\ Business.

The Reserve Bank of India (RBI) has enhanced the cash withdrawal limit from Savings Bank Account to 50,000 rupees from the existing 24,000 rupees from today. RBI has also said that all limits on cash ......