Sovereign Gold Bond Scheme opens for public subscription on December 18, 2023
The Sovereign Gold Bond Scheme 2023-24 – Series II will be open for subscription from December 18, 2023. The Subscription of the Gold Bonds under this Scheme shall be open (Monday to Friday) on the dates specified above, provided that the Central Government may, with prior notice, close the Scheme at any time before the…
Read articleBank holidays 2024 under NI act: Chandigarh UT
Chandigarh administration vide notification NoNo.6/1/-IH(I) -2023/17123 dated 15.12.2023 declared the following days as Bank holidays in the Union territory of Chandigarh. for the year 2024 under the explanation of section 25 of NI Act 1881. List of Holidays: Sr.No Date Day Occasion/Festival Date 1 17.01.2024 Wednesday GURU GOBINDJI BIRTHDAY 2 26.01.2024 Friday REPUBLIC DAY 3…
Read articleBank holidays 2024: Punjab State
The Punjab State government released the list of Bank holidays for the year 2024. The list of holidays Sr.No Date Day Occasion/Festival Date 1 17.01.2024 Wednesday Birthday of Guru Govindji 2 26.01.2024 Friday REPUBLIC DAY 3 08.03.2024 Friday MAHA SHIVRATRI 4 25.03.2024 Monday HOLI 5 29.03.2024 Friday GOOD FRIDAY 6 01.04.2024 Monday BANK’S ANNUAL CLOSING…
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Now you can provide e-Mandates for recurring online transactions up to 1 lakh without AFA
RBI on Friday has increased the without Additional Factor of Authentication (AFA)limit from existing ₹15,000/- to ₹1, 00,000/-per transaction for the following categories: (a) subscription to mutual funds, (b) payment of insurance premiums, and (c) credit card bill payments. e- Mandate is a standard instruction that you provide to your issuing bank and other institutions,…
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Now you can make UPI payment up to Rs.5 lakhs to Hospitals and educational institutions
RBI on Friday in its Statement on Development and Regulatory policies announced that the limit for payments to hospitals and educational institutions from ₹1 lakh to ₹5 lakh per transaction. This will help the consumers to make UPI payments of higher amounts for education and healthcare purposes, said RBI. “Separate instructions will be issued shortly”,…
17% wage hike for Bank employees: Wage Revision MOU signed between IBA and UFBU on Thursday
The India Banks Association (IBA) and United Forum of Bank Unions (UFBU) an umbrella body of 9 Bank unions AIBEA, NCBE, NOBW, BEFI, INBEF (workmen unions) along with, AIBOC, INBOC, AIBOC, and NOBO (Officers Associations) have agreed to a 17% wage hike based on pay slip basis for all the public sector banks including SBI…
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