
Net interest income (NII) in June quarter increased to Rs 180 crore from Rs 152 crore in the year-ago period

The interest rate on fresh deposits and renewals stand revised to 5.50% per annum as against 5.75% earlier, for deposits with a tenure of 12 months

IndusInd Bank can now be authorised to handle transactions pertaining to revenue receipts under CBDT, CCBIC and GST on behalf of state/central govt

The IPPB has fixed a doorstep banking charge of Rs 20 plus GST (Goods and Services Tax) per request per customer, with effect from August 1.
Debt availed solely for the purpose of buying luxury items is considered to be 'bad loans'. This can include credit cards and personal loans

HDFC Bank said it is setting up a 'digital factory and an enterprise factory' to roll out new digital products and services in the future

Though most banks claim that they keep upgrading technology, there seems to be no end to outages, which rile up hassled customers

To get cash delivered at your doorstep, register yourself through the toll-free number or the DSB app

From reissuing blocked cards to generating PIN, a host of crucial services are available from home

Customers faced technical glitches while accessing ICICI Bank's internet banking services