http://www.rupeetimes.com/news_advice/savings_accounts Savings Accounts News & Advice from rupeetimes.com (C) 2007 rupeetimes.com Thu, 06 Nov 2008 11:08:46 +0530 Today you may not be assured as to who is faking on your currency notes. Now even your bank can give you fake notes so you need to be alert at all times. Recently an ATM in the Guwahati branch of Axis Bank dispensed counterfeit notes to three customers. All notes were in the denomination of... http://www.rupeetimes.com/news/savings_accounts/atm_dispenses_counterfeit_notes_1808.html 12345678901808 Wed, 17 Sep 2008 15:02:47 +0530 Private sector lender Kotak Mahindra Bank(KMB) has increased the interest rate on its term deposits in the general category to 10.35% per annum.Term deposit is an amount deposited with a banking institution that cannot be withdrawn for a certain "term" or period of time.Speaking on the decision, KVS... http://www.rupeetimes.com/news/savings_accounts/kotaks_savings_account_customers_to_earn_more_interest_1634.html 12345678901634 Mon, 15 Sep 2008 14:06:31 +0530 Bank unions are planning to go on a strike soon. Again the union has decided for a two-day nationwide strike on September 24th and 25th to protest against the merger among public sector banks, their privatization and in support of their demands.The decision was taken at a United Forum of Bank Unions... http://www.rupeetimes.com/news/savings_accounts/banking_employee_union_to_strike_again_1632.html 12345678901632 Wed, 10 Sep 2008 10:21:05 +0530 French banking major, Societe Generale's (SocGen) proposed joint venture with State Bank of India (SBI) for operating custodial and depository services in India has received its approval from the Foreign Investment Promotion Board (FIPB) on September 4, 2008.The approval of the FIPB is an important... http://www.rupeetimes.com/news/savings_accounts/sbi_and_socgen_joint_venture_approved_by_government_1618.html 12345678901618 Fri, 05 Sep 2008 10:23:43 +0530 After Dumariaganj fake currency scam it's the Gonda case that is currently under the scanner.A special team from RBI has recovered fake notes with face value of Rs 2,100 from a branch office of State Bank of India (SBI) in Gonda during its checking.These fake notes were found at the Babhnan branch.... http://www.rupeetimes.com/news/savings_accounts/fake_currency_recovered_from_sbi_branch_1614.html 12345678901614 Thu, 04 Sep 2008 12:48:07 +0530 Canara bank will open 100 branches in the country and 5 overseas during the current fiscal year and is targeting to grow by over 20 per cent in 2008-09.The bank aims to achieve a business of Rs 3,10,000 crore by 2008-09 against the total business of Rs 2,61,000 crore in 2007-08."We will open 100 new... http://www.rupeetimes.com/news/savings_accounts/canara_bank_to_set_up_more_branches_overseas_1606.html 12345678901606 Wed, 03 Sep 2008 12:36:24 +0530 Tuesday wasn't a very pleasant day for most of the HDFC Bank customers across India. A technical snag in one of the system applications crippled the retail services of the bank including Net Banking and ATMs. They heaved a sigh of relief when operations resumed to normal today.The technical glitch p... http://www.rupeetimes.com/news/savings_accounts/hdfcs_technical_snag_resolved_1605.html 12345678901605 Fri, 29 Aug 2008 10:01:16 +0530 Kalpana Morparia, the high profile banking official who had been serving ICICI Bank for the past 33 years has resigned to join J.P.Morgan. She has been appointed the Chief Executive Officer of the firm's Indian operations.Ms. Morparia, who started her career with ICICI Ltd in 1975 in their legal dep... http://www.rupeetimes.com/news/savings_accounts/morgan_ropes_in_icici_md_morparia_as_ceo_1611.html 12345678901611 Fri, 13 Jun 2008 11:30:02 +0530 Keeping pace with the advent of new technology in the lives of people, banks are making many changes in the way people bank. Online banking and Mobile banking are finally gaining momentum, and an increasing number of people are gaining from the experience. Syndicate Bank, a public sector bank headqu... http://www.rupeetimes.com/news/savings_accounts/banking_goes_hightech_1468.html 12345678901468 Fri, 13 Jun 2008 11:28:23 +0530 Indian Bank has decided to set up 100 new branches in the current financial year. Out of this, the Chennai-based public sector lender has decided to dedicate 15 to micro lending.Confirming the news, Indian Bank Chairman and Managing Director MS Sundara Rajan told reporters on the sidelines of a semi... http://www.rupeetimes.com/news/savings_accounts/indian_bank_set_to_open_100_new_branches_1495.html 12345678901495