Guwahati: Airtel Payments Bank has collaborated with Axis Bank, India’s third-largest private sector bank, to digitise cash collection in Tier III cities and semi-urban areas. Airtel Payments Bank will help Axis Bank digitise last-mile cash collections by leveraging the extensive reach of its digital-led neighborhood banking model.
Bank strike on 27th June
As a result of the conciliatory meeting arranged by Chief Labour Commissioner S C Joshi yielding no resolution, the all-India bank strike scheduled for June 27 remains in effect, according to CH Venkatachalam, General Secretary of AIBEA.
Axis Bank raises interest rates on FDs
Guwahati: Axis Bank, a private sector lender, has increased interest rates on fixed deposits under Rs. 2 crore.
RBI hikes repo rate by 50 bps
Guwahati: The Reserve Bank of India (RBI) raised the benchmark repo rate by 50 basis points (bps) to 4.90 percent on Wednesday in an effort to curb the country’s surging inflation.
HDFC Bank launches ‘EnginesOff’ campaign
HDFC Bank Parivartan has started a high-decibel campaign dubbed #EnginesOff to promote awareness about the significance of decreasing air pollution in honour of World Environment Day.
Customers can now apply for gold loan via Airtel Thanks app
Guwahati: Airtel Payments Bank has expanded its digital banking product range by providing its clients with simple access to credit. Bank clients may now apply for a gold loan from Muthoot Finance via the Airtel Thanks app in less than a minute.
Bank Holidays alert for June 2022
According to the RBI’s list, there will be fewer holidays in June. Although the number of days that bank branches would be closed in different states may vary according to local festivals. Due to these local festivals or regional holidays, certain bank offices will stay closed in several states.
Assam Gramin Vikash Bank posts a turnaround profit after 5 long years
Guwahati: The Assam Gramin Vikash Bank, the largest regional, rural bank (RRB) in the NE region, has been successful in making a turnaround by posting…
Union Cabinets approves Rs. 820 cr in financial support for India Post Payments Bank
New Delhi: The union cabinet has approved ₹820 crores in financial support for India Post Payments Bank, reported by an unnamed source. India Posts Payments Bank…
Bank of Baroda reduces home loan interest rate to 6.50% pa
Guwahati: Bank of Baroda (Bank), one of India’s leading public sector banks, has reduced its home loan interest rates from 6.75%* pa to 6.50%* pa…