Digital Banking India, Banking updates in India, Net banking, Banking News, Mobile banking, Digital banking news, Financial updates
RBI has decreased repo rate recently. Do you know how does it affect the bank interest rate on loan portfolio? Normally, it has a positive effect on borrowers as they may get benefit in EMI. Every bank declares its new interest rate whenever RBI increases or decreases the repo rate. Recently RBI reduces repo rate … Read more
Did you get SMS “Your Amazon pay balance account will be marked as inactive on dt xx. You’ll be unable to add or use balance in Amazon. Complete KYC to continue usage”. You need to update KYC in your Amazon Wallet. RBI has increased the last date for KYC updation in e-wallets. now e-wallets are proving KYC … Read more
SBI online account opening process SBI Yono app has a special feature for online account opening using mobile. Using PAN no. and Adhaar number, anyone can open bank account sitting at home. But now this service is temporarily disabled. SBI has disabled due to the issue of adhaar OTP. If you open the link, you will … Read more
What is Dormant and Inactive account? Dormant account Meaning. What is Dormant account or inoperative account? How to activate bank account through ATM or mobile/Net banking? Inactive account If you have an account in any bank, you do not withdraw cash by cheque, branch visit, ATM or any other digital mode transaction till one year, … Read more