Banks Want GST Exemption on Penal Interest Levy for Loan Defaults

The Indian Banks’ Association (IBA) is seeking a GST exemption on behalf…

RBI: Changes in Bank Locker Rules

The Reserve Bank of India (RBI) has released a notification for revised…

Decline in UPI volume by 3% in April 2021

NPCI, i.e. National Payments Corporation of India, which operates as an umbrella…

Reduced Business Hours in Banks Due to Sudden Surge in COVID-19 Cases

A sharp increase in daily cases amidst the second wave of the…