The Reserve Bank of India (RBI) has permanently cancelled the banking licence of Shimsha Sahakara Bank Niyamitha, a cooperative bank located in Mandya district in Karnataka. After a long legal dispute in court, the decision has now become final. This means the bank must stop all banking activities immediately, and its branches will no longer … Read more
Customers of Punjab National Bank may soon notice a change when withdrawing cash from ATMs. The bank has decided to reduce the daily ATM withdrawal limit for several debit cards by up to 50 percent. The new limits will come into effect from April 1, 2026. According to the bank, this move is aimed at … Read more
If you have an account with Punjab National Bank (PNB) and use its debit card, this update is very important for you. The bank has changed the daily ATM withdrawal limits for many of its debit cards. This decision has been taken to improve customer security and promote digital banking. The new rules will come … Read more
Public sector lender Union Bank of India is offering attractive interest rates on its fixed deposit (FD) schemes, making it a good option for people looking for safe and stable returns. The bank currently offers interest rates ranging from 2.75% to 7.35%, depending on the deposit tenure and the customer category. Customers can open an … Read more
Some time ago, a news story went viral on social media about a ten-rupee note with the message “Sonam is unfaithful” written on it. After this, many people started believing that such notes had become illegal and would not be accepted in the market. This created a lot of confusion and debate among the public. … Read more
There has been confusion this year about when to celebrate Holi because of the lunar eclipse. Many people were unsure whether Holi would fall on March 3 or March 4. Here is the clear answer — Holika Dahan took place on March 2, and due to the lunar eclipse, Holi will be celebrated on March … Read more
India is closely monitoring the tense situation in West Asia. In this context, Prime Minister Narendra Modi today called the King of Bahrain and the Crown Prince of Saudi Arabia. PM Modi discussed the tensions arising from the conflict between Israel and Iran with the top leadership of both countries. PM Modi on West Asia … Read more
Fintech companies like PhonePe and Paytm have received a major boost after a fresh clarification from the Reserve Bank of India on UPI transactions. The move is especially important for companies that work closely with small shopkeepers and local retailers across India. Here’s what has changed — and why it matters. No Payment Aggregator Needed … Read more
Looking for a safe investment option with guaranteed returns? Public sector lender Canara Bank is currently offering attractive interest rates on Fixed Deposits (FDs). With deposit tenures ranging from 7 days to 10 years, the bank is offering interest rates between 3.00% and 7.10%. One particular scheme can help you earn up to ₹79,500 in … Read more
Punjab National Bank (PNB) has announced a revision of its fixed deposit (FD) rates, effective from 24 February 2026. The move follows the Reserve Bank of India’s decision to keep the policy repo rate unchanged at 5.25% on February 6, 2026. This update applies to both domestic and NRO deposits, including deposits below Rs. 3 … Read more
If your bank account suddenly gets frozen, don’t panic. Account freezes are more common than you think. The key is to understand the reason first — because every reason has a different solution. In India, banks usually freeze accounts due to KYC issues, suspicious transactions, or legal orders. Here’s what you should do step by … Read more