November is a festive month in India, with many holidays celebrating various religious and cultural occasions. As a result, banks in India will be closed for several days in November 2023. Let's see the list of all bank holidays in India during November 2023, … [Read more...] about November 2023 Bank Holidays in India
Banking News
Daily UPI Transaction Limits Set By Banks (SBI, ICICI, HDFC, Canara) And UPI Apps (Amazon Pay, GPay)
Unified Payments Interface (UPI) is an instant real-time payment system developed by National Payments Corporation of India (NPCI) facilitating inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions. The interface is regulated by the Reserve Bank of India … [Read more...] about Daily UPI Transaction Limits Set By Banks (SBI, ICICI, HDFC, Canara) And UPI Apps (Amazon Pay, GPay)
April 2023 Bank Holidays: State-Wise List of 15 Days Banks Will Be Closed
As of April 1, 2023, the start of the next fiscal year, there will be significant changes in the banking schedule that customers should be aware of. In particular, individuals should take note of the bank holidays in April 2023 and make arrangements for their bank visits … [Read more...] about April 2023 Bank Holidays: State-Wise List of 15 Days Banks Will Be Closed
New NPCI Proposal Suggests Interchange Fee of Up to 1.1% for PPI UPI Transactions over ₹2,000
Starting from April 1st, an interchange fee of up to 1.1 percent will be applicable on prepaid payment instruments (PPIs) for merchant Unified Payments Interface (UPI) transactions, according to the National Payments Corporation of India (NPCI). The fee will be levied on UPI … [Read more...] about New NPCI Proposal Suggests Interchange Fee of Up to 1.1% for PPI UPI Transactions over ₹2,000
How To Check The Aadhar Pan Link Status? – 3 Ways (March 31st Deadline)
The Aadhaar and PAN cards are two important documents that serve as identity and address proofs for Indian citizens. The government of India has made it mandatory to link Aadhaar with PAN to streamline tax-related services and prevent tax evasion. Checking the Aadhaar PAN … [Read more...] about How To Check The Aadhar Pan Link Status? – 3 Ways (March 31st Deadline)
March 31st Deadline Must-Dos: 8 Tasks to Tackle Now
With March 31, 2023, just around the corner, it's time for all taxpayers, including individuals, freelancers, and corporations, to take stock of their finances and plan accordingly. With Income Tax and GST deadlines fast approaching, it's important to stay on top of the latest … [Read more...] about March 31st Deadline Must-Dos: 8 Tasks to Tackle Now
RBI’s New Notice: Banks Must Keep Branches Open Till End of Financial Year
March is a month of mixed emotions. For many, it signals the end of winter, and the beginning of the beautiful spring season. However, for banks and financial institutions, March means the end of the financial year. With the annual closing of accounts scheduled for March 31, … [Read more...] about RBI’s New Notice: Banks Must Keep Branches Open Till End of Financial Year
Transaction Limits Soon To Be Implemented On UPI Apps Like GPay, PAYTM, Phonepe, Amazon Pay
UPI Apps like GPay, PhonePe, PayTM, Amazon Pay and others will soon have transaction limits - soon starting 2023. When we say transaction limits, there are two kinds - the amount we can transact in a day, and the number of transactions we can perform in a day. How To … [Read more...] about Transaction Limits Soon To Be Implemented On UPI Apps Like GPay, PAYTM, Phonepe, Amazon Pay
Central Bank Digital Currency Is Launched For Retail Use On Dec 1 | FAQs And Official information!
Central Bank is launching Digital currency for retail use on December 1st, 2022 in India. To start with, the digital currency is rolled out via banks in selected, leading cities. Though this is a pilot launch, we can expect a regular launch pretty soon where digital currency … [Read more...] about Central Bank Digital Currency Is Launched For Retail Use On Dec 1 | FAQs And Official information!
Bank Locker New Rules Regarding Theft, Rent, Transparency And More | Must Know Rules In Tamil
Hiring a locker in a bank is a common practice. Due to theft or other safety issues, we often resort to a bank locker to keep our jewels, important documents and other (legal) belongings in a bank locker. There is a procedure to rent a locker in a particular bank and there is … [Read more...] about Bank Locker New Rules Regarding Theft, Rent, Transparency And More | Must Know Rules In Tamil