Articles tagged under: Banking

HDFC Bank signs MoU with ‘SASTRA’ incubator of Gujarat based Raksha University

July 13, 2021
HDFC Bank signs MoU with ‘SASTRA’ incubator of Gujarat based Raksha University

Ahmedabad: HDFC Bank has signed an MoU with ‘SASTRA’ (Security and Scientific Technical Research Association), an incubator at Rashtriya Raksha University. Located in Gandhinagar, Gujarat, Rashtriya Raksha University is a national university focusing on internal security related areas. Started in the year 2020, ‘SASTRA’ incubates, mentors, and supports defence and security-sector start-ups. At present, 20 start-ups are incubated at ‘SASTRA.’ As part of the partnership, the b...Read More

Gujarat govt announces interest waiver on repayment of crop loan till June 30

May 02, 2021
Gujarat govt announces interest waiver on repayment of crop loan till June 30

Gandhinagar (Information): In a compassionate decision for the benefit of farmers, Gujarat Chief Minister Vijay Rupani has extended the interest waiver on repayment of crop loan from the cooperative sector till June 30, 2021 looking to crisis owing to second wave of the coronavirus Covid-19. According to NABARDs Credit Policy, the lenders in the cooperative sector provided short term crop loan at 7 (seven) per cent interest on which the Central Government provided 3 (three) per cent rebate a...Read More

Banking hours for customers curtailed across Gujarat till April 30

April 21, 2021
Banking hours for customers curtailed across Gujarat till April 30

Gandhinagar: Banking hours for visitors across Gujarat have been curtailed to 10 am to 2 pm till April 30. Bank branches and offices shall provide only essential services and preference shall be given to senior citizens. Staff strength in branches/administrative offices shall be curtailed by half. Read More

CBI conducts searches in Ahmedabad, other places in Rs. 200 crore bank fraud case

February 10, 2021
CBI conducts searches in Ahmedabad, other places in Rs. 200 crore bank fraud case

New Delhi: The Central Bureau of Investigation has registered two separate cases related to bank fraud and conducted searches at 8 locations in Delhi, Ahmedabad, Gandhinagar & Gurgaon. The first case was registered against a private company based at Ahmedabad & others including its Directors and unknown public servants/persons on a complaint from State Bank of India. It was alleged that the said company was in business of construction, erection and commissioning of power transmission & telecom ...Read More

SRFD Project leases office space to RBI at Riverfront House

January 19, 2021
SRFD Project leases office space to RBI at Riverfront House

Ahmedabad: Sabarmati Riverfront Development Corporation Ltd (SRFDCL) today made announcement that SRFD Project has leased office space to Reserve Bank of India at Riverfront House on Sabarmati Riverfront. As per a note, Reserve Bank of India(RBI)-India’s central Bank has been leased entire 4th floor of the Riverfront House, a ground plus five storey building where SRFDCL is also headquartered. Sabarmati Riverfront Development Corporation Ltd.(SRFDCL) is a SPV (Special Purpose Vehicle) of Amdav...Read More

Bank of Baroda Completes Integration / Migration of erstwhile Dena and Vijaya Banks

December 20, 2020

Gandhinagar: Bank of Baroda, the country’s third-largest public-sector bank (PSB) by assets, has completed Integration / Migration of 3898 branches of erstwhile Vijaya Bank and Dena Bank with itself. The Bank has completed the integration of 1770 erstwhile Dena Bank Branches in December 2020 and had earlier completed the integration of 2128 erstwhile Vijaya Bank Branches in September 2020. With this, the integration of erstwhile banks with Bank of Baroda stands completed much before committed ...Read More

Planning to Buy a New Home? Finance It This Way

October 13, 2020
Planning to Buy a New Home? Finance It This Way

Mumbai: Many people dream of owning a house and making it their home for all the years to come. It is a once in a lifetime decision that requires careful planning and a substantial amount of funds. No matter how comfortable a rented property is, the contentment of living under your roof is something else. There is no doubt that property is an asset that will reap you several benefits over the years. However, not everybody can afford to purchase a house. A home loan is the ideal financial assi...Read More

HDFC Bank takes ‘Festive Treats 2.0’ to rural India 1.2 lakh VLEs

October 11, 2020
HDFC Bank takes ‘Festive Treats 2.0’ to rural India 1.2 lakh VLEs

Ahmedabad: HDFC Bank has reached out to semi-urban and rural areas with its ‘Festive Treats’, through the Government of India’s Common Service Centres (CSC)network starting from Friday. Through the network of 1.2lakh village level entrepreneurs (VLEs) enrolled with CSC, customers in these locations can avail of festive offers specifically created for them, such as special deals on all banking products from loans to bank accounts, that includes home loans, 2-wheeler loans, car loans, tr...Read More

RTGS Fund Transfer to be possible round the clock from December 2020: RBI Governor

October 09, 2020
RTGS Fund Transfer to be possible round the clock from December 2020: RBI Governor

New Delhi: The real-time gross settlement (RTGS) fund transfer system will be available round-the-clock from December this year, The Reserve Bank of India (RBI) governor Shaktikanta Das announced today. The RTGS money transfer facility, which has a minimum limit of Rs 2 lakh, at present only functions during the working hours of banks. RBI statement reads: In December 2019, the National Electronic Funds Transfer (NEFT) system was made available on a 24x7x365 basis and the system has been oper...Read More

HDFC Bank launches ‘Festive Treats’ 2.0 with 1000+ offers

September 30, 2020
HDFC Bank launches ‘Festive Treats’ 2.0 with 1000+ offers

Mumbai: HDFC Bank today launched ‘Festive Treats’ its annual financial services dhamaka. Customers can avail of special deals on all banking products from loans to bank accounts, with over 1000+ offers from leading players and over 2,000 hyper local offers through tie ups with local merchants across semi urban and rural locations. Offers will be available across the entire range of financial solutions for retail as well as business customers with discounts on processing fee on loans, redu...Read More

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