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HDFC Bank's move to trim savings rates highlights confidence in deposit accretion, and alignment with the central bank's ...
HDFC Bank has reduced its savings deposit rates by 25 bps, while Bank of India has cut fixed deposit rates across maturities.
SBI and Bank of India reduce lending rates, HDFC Bank lowers savings account interest, benefiting borrowers and depositors.
In a decision following the Reserve Bank of India's (RBI) 50 basis points cut in repo rate, major banks have also cut their lending and deposit rates in 2025.
A penalty of Rs 75 lakh on HDFC Bank has been imposed for non-compliance with certain directions issued by RBI on 'Know Your Customer' (KYC), the central bank said in a statement ... Basic Savings ...
While HDFC Bank has not officially stated any criteria on providing preferential rates to existing customers, most lenders offer concessional rates to customers with an existing savings account ...
A penalty of ₹75 lakh on HDFC Bank has been imposed for non-compliance with certain directions issued by RBI on 'Know Your Customer' (KYC), the central bank said in a statement. Don’t stifle ...
A penalty of Rs 75 lakh on HDFC Bank has been imposed for non-compliance with certain directions issued by RBI on ‘Know Your Customer’ (KYC), the central bank said in a statement. HDFC is the ...
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ET Now on MSNRBI slaps fine of Rs 75 lakh on HDFC Bank, Rs 68.20 lakh on Punjab & Sind Bank – REASON?The central bank, in a press release, informed that it has slapped Rs 75 lakh monetary penalty on HDFC Bank for failing to comply with certain directions of the Know Your Customer (KYC) directions. In ...
RBI imposed a monetary penalty of ₹75 lakh on HDFC Bank over non-compliance ... action RBI may initiate against the bank,” said the RBI. In another statement, the RBI said Punjab & Sind ...
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ET Now on MSNRs 1.29 cr fine - RBI slaps fine on THESE 3 major banks! But, why? Do you have an account in them? Check namesReserve Bank of India (RBI) has slapped three notable banks with significant fines, aggregating up to Rs 1.29 crore. The ...
The Reserve Bank on Wednesday said it has imposed penalties on HDFC Bank and Punjab & Sind Bank for deficiencies in regulatory compliance. A penalty of Rs 75 lakh on HDFC Bank has been imposed for non ...
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