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Get my 147 favorite business ideas for 2025, with full launch plans included. Bookkeeping stressing you out? I feel you! I ...
RBI plans to make BSBD accounts a standard banking service Free digital banking and ATM access with no minimum balance Over 566 million BSBD accounts opened under Pradhan Mantri Jan Dhan Yojana The ...
Indian Overseas Bank (IOB) has announced a major change in its savings account policy by waiving the penal charges for non-maintenance of the Minimum Average Balance (MAB) in its SB-Public account ...
Reserve Bank of India (RBI) has issued draft directions for the basic savings bank deposit (BSBD) account, proposing a revamp of rules to make such accounts more customer-friendly and aligned with the ...
The Basic Savings Bank Deposit (BSBD) Account is a savings bank account which offers certain minimum facilities, free of charge, to the holders of such accounts with an objective of deepening ...
The Reserve Bank of India has expanded the services for Basic Savings Bank Deposit (BSBD) accounts to include free digital banking facilities. This initiative aims to promote financial inclusion while ...
The Reserve Bank of India’s Monetary Policy Committee (MPC) on Wednesday unveiled a set of initiatives aimed at bolstering the resilience and competitiveness of the banking sector while improving ...
Basic Savings Bank Deposit Accounts (BSBDA) accounts do not require a minimum balance. The banking services available to Basic Savings Bank Deposit account holders, who don’t have to worry about ...
The Central Bank yesterday reiterated its ambition to ensure Bahamian commercial banks provide a ‘basic bank account’ that would cap or eliminate fees for lower-income individuals. John Rolle, its ...
ICICI Bank has lowered the minimum monthly average balance (MAB) requirement for new savings accounts in metro and urban areas to Rs 15,000. The revision, effective for accounts opened on or after ...