In a major change in its guidelines for opening and operating bank accounts and other banking services by minors, the Reserve Bank has allowed minors to perform certain banking activities ...

The Reserve Bank of India on Monday permitted banks to let minors above the age of 10 open and operate savings and term deposit accounts independently, reported news agency PTI. FILE PHOTO ...

MUMBAI: HDFC Bank, India's largest private sector lender, has cut interest rates on savings accounts by 25 basis points to 2.75% to bring down its cost of funds and protect margins following the ...

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If you are cash strapped ahead of the Easter Weekend and a Standard Bank customer, you will be able to get more bang out of your buck starting from Wednesday. This comes after South Africa's ...

Minors can also be allowed to open such accounts with their mother as the guardian. The central bank mentioned that minors aged 10 years and above may be permitted to open and operate savings/term ...

A joint bank account can be handy when combining or sharing your finances. Whether you're saving for a mutual goal with your significant other, sharing bills with your spouse, teaching money ...

Standard Bank has announced that Group CEO Sim Tshabalala will take over as the Interim CEO of Standard Bank South Africa from 8 April 2025. The move, which is subject to regulatory approval ...

Bank of America issued a clarification after it was widely reported that it is closing accounts. According to the multinational bank's website: “If you have not accessed your account for an ...

Standard Bank Malawi has officially launched the 2025 edition of its flagship athletics event--the Be More Race--under the vibrant new theme "Run in Blue." Unveiled on Thursday at the Bingu ...

The Reserve Bank on Monday permitted banks to allow minors above the age of 10 years to open and operate savings/ term deposit accounts independently. RBI said in a circular addressed to ...

Dan joined Newsweek in 2024 from the London Evening Standard and had previously ... could come as a surprise to account holders unaware of the rules. Here's what banking customers what to know.