The Central Bank of Nigeria has dismissed financial ruin claims make on social media about a Fidelity Bank. In a declaration on Monday by using the apex bank’s performing spokesperson, Hakama Sidi Ali, assured that Nigeria’s banking area remained resilient, secure, and sound. The rationalization comes amid reports that advocate that Fidelity is going through

The RBI on Friday stated that it has imposed financial fines on ICICI Bank, Axis Bank, Bank of Maharashtra, IDBI Bank, and Bank of Baroda for deficiencies in regulatory compliance, with the fines going as high as Rs 98 lakh. RBI Fines on Axis Bank , ICICI and IDBI Banks In its declaration explaining the

Starting May 1, 2025, the Centre’s One State One RRB coverage comes into effect in order to considerably restructure the USA’s Regional Rural Bank (RRB) community. As per a Finance Ministry statement, 26 RRBs across 11 states and one Union Territory had been amalgamated, reduce the total amount of RRBs from 43 to 28. About

The Reserve Bank of India (RBI) has charged a fees of Rs 23 per transaction for ATM banking services from today. Previously, the amount was set at Rs 21 per transaction. The revised framework for ATM transaction fees comes after the RBI stated that it would allow banks to increase ATM withdrawal fees for transactions

Banks in India will continue to be closed for 3 consecutive days, starts from April 29 to May 1. This will be on the occasion of Bhagavan Shri Parshuram Jayanti, Basava Jayanti, Akshaya Tritya, Maharashtra Day, and Labour Day. These Banks Holidays range from state to state. Customers can look for bank holidays in their

Hours after the Reserve Bank of India (RBI) announced a 25 basis points cut in the repo rate, two major public region banks — Bank of India and UCO Bank on Wednesday reduced their lending prices, bringing solution to both current and new debtors.  UCO Cuts Repo Rate by 8.8% and makes the loan accessible

State Bank of India (SBI) customers faced disruptions today in internet and mobile banking services. It is for the second time this month because of “technical issues”. The glitch affected customers in country, affects mobile banking and fund transfers. Data confirmed a reports on SBI Mobile Banking Services Disrupts, occurs between 11:00 AM and 11:30

An attempted theft at Muthoot Finance Karnataka near Derlakatte Junction under the jurisdiction of the Konaje police station took place late on March 29 night time. As the burglars were breaking the locks, the finance company’s siren went off, alerting the Konaje police, who rushed to the scene and arrested two accused individuals. Three strangers

The RBI has stated that as of May 1, 2025, clients use ATM banking services will incur a charge of Rs 23 per transaction, an increase from previous amount of Rs 21 per transaction. The valuable bank stated that clients will still be eligible for five complimentary transactions (each financial and non-financial) per month at

Reserve Bank of India (RBI) take the strict action against the New India Co-operative Bank Limited, and restricted to issues new loans, accepts fresh deposits and suspends the withdrawals for next six months. RBI Strict Action marks the supervisory concerns and the bank’s liquidity position. The restrictions panic account holders, and customers line up at