http://www.rupeetimes.com/news_advice/savings_accounts Savings Accounts News & Advice from rupeetimes.com (C) 2007 rupeetimes.com Mon, 06 Dec 2010 11:49:44 +0530 The largest lender of the country, State Bank of India has started charging customers for passbook updation in non home branches. Non home branches refer to any branch other than the one where the customer has his account.The service is free only in the home branch and every other branch will charge... http://www.rupeetimes.com/news/savings_accounts/passbook_updation_charged_at_non_home_sbi_branches_4583.html 12345678904583 Wed, 30 Sep 2009 10:12:13 +0530 The UPA- led government has asked public sector banks (PSBs) to lay more emphasis on low cost CASA (current account, savings account) deposits. It will help in putting a check on the cost of funds and maintain lower interest rates.A banker said, "The government wants banks to increase their Casa dep... http://www.rupeetimes.com/news/savings_accounts/psbs_directed_to_focus_on_casa_deposits_2805.html 12345678902805 Thu, 30 Jul 2009 09:36:57 +0530 The Pension Fund Regulatory and Development Authority, on Tuesday confirmed that the subscriber count for its New Pension Scheme reached more than five lakh till June-end.It was reveled by Minister of State for Finance - Namo Narain Meena in a written reply to Upper House, Rajya Sabha. "The total nu... http://www.rupeetimes.com/news/savings_accounts/nps_subscriber_num_sees_an_increase_2708.html 12345678902708 Wed, 29 Jul 2009 09:48:28 +0530 The safety of your possessions kept in bank lockers is once again in question, with another case of locker theft in Punjab National Bank branch in Chandigarh. The case was brought to light by city residents- Harminder Singh Mankotia and Vineeta Mankotia in June this year. The plaintiff... http://www.rupeetimes.com/news/savings_accounts/your_jewellery_in_bank_lockers_may_not_be_safe_2705.html 12345678902705 Tue, 28 Jul 2009 10:04:22 +0530 The Pension Fund Regulatory and Development Authority plans to roll NPS Savings Account by the end of the year.The scheme a successor to first level of New Pension Scheme (NPS) will allow the investors to make daily withdrawals and choose their investment mix. The withdrawals will be based on the da... http://www.rupeetimes.com/news/savings_accounts/pfrda_to_launch_nps_savings_account_2701.html 12345678902701 Tue, 28 Jul 2009 09:44:51 +0530 State Bank of Travancore (SBT), one of the associate arms of State Bank of India, has rolled out mobile banking service for its customers. The facility was rolled out by G Padmananbhan, Chief General Manager, Department of Payments and Settlements, Reserve Bank of India, Mumbai, at inaugurating func... http://www.rupeetimes.com/news/savings_accounts/sbt_rolls_mobile_banking_facility_2699.html 12345678902699 Wed, 22 Jul 2009 10:46:23 +0530 The Central Crime Station police, Hyderabad has arrested officials of ICICI Bank and Andhra Bank in a cheque fraud case. G Prasad, assistant manager of ICICI Bank I Town branch, V Mohan Prakash, a businessman from Khammam and Katneni Sarath Babu, deputy manager, Cheque Processing Centre,... http://www.rupeetimes.com/news/savings_accounts/icici_andhra_bank_official_caught_in_rs_54_cr_scam_2679.html 12345678902679 Wed, 22 Jul 2009 09:29:09 +0530 The ATMs of several public sector banks including big names like State Bank of India and its associate banks, Andhra Bank have been reportedly running short of currency notes in denomination of 100. Display boards signing 'No Rs 100 notes' are being increasingly seen, causing inconvenience to... http://www.rupeetimes.com/news/savings_accounts/atms_failing_to_dispense_rs_100_currency_notes_2676.html 12345678902676 Tue, 21 Jul 2009 10:58:23 +0530 In a customer-friendly move, the Reserve Bank of India has asked the banks to compensate the account holders for any delay in reversal of failed ATM transactions that extend beyond a period of 12 days. The regulator has stated a compensation amount of Rs. 100 to be paid on per day basis, if t... http://www.rupeetimes.com/news/savings_accounts/banks_asked_to_pay_customers_for_atm_faults_2673.html 12345678902673 Tue, 21 Jul 2009 10:21:52 +0530 The country’s oldest and biggest specialist mortgage private lender, HDFC Bank has revealed its plans to expand its branch network by adding another 300 branches during this fiscal. With this, the number of branches of the bank will increase to 1712 from the previous 1412. A senior offic... http://www.rupeetimes.com/news/savings_accounts/hdfc_bank_to_scale_up_its_branch_network_2672.html 12345678902672