Mumbai: The Reserve Bank of India (RBI) has released a draft circular aimed at improving Basic Savings Bank Deposit (BSBD) accounts, also known as zero balance accounts. The goal is to make banking ...

Zero-balance accounts, technically called Basic Savings Bank Deposit (BSBD) accounts, may soon sport more features. These ...

Two men and a woman have been arrested on suspicion of kidnapping, human trafficking and fraud by false representation. Police in Newry say concerned staff at a building society contacted them about ...

Vijayapura: In one of the biggest bank robberies reported in recent years, unidentified assailants looted cash and gold worth over ₹21 crore from an SBI branch in Vijayapura on Tuesday evening. Police ...

The Federal Reserve is in a tricky place as it tries to balance a weakening job market and strong consumer spending. The August retail sales report came out yesterday and showed a third month of ...

A woman has been banned from driving with a personalised number plate that reads ‘IAMISIS’. Isis Wharton is named after the Egyptian goddess Isis – but the California Department of Motor Vehicles (DMV ...

Spain has become the first of Eurovision’s so-called “Big Five” countries to state that it will withdraw from next year’s competition if Israel is invited to return. The continued presence of Israel ...

Walking into your bank and asking for your own money sounds easy enough. And there's nothing wrong with doing this. But for withdrawals that cross the $10,000 mark, the transaction takes on a whole ...

Mumbai: India’s largest public sector bank, State Bank of India (SBI), has announced a change to its Auto-Sweep (MOD) facility. The bank has increased the minimum threshold from Rs 35,000 to Rs 50,000 ...

Revoke authorization in writing: Notify the company and your bank that you’re revoking any permission for automatic withdrawals. Change vulnerable details if needed: Consider closing the affected ...