• Minimum Balance Rules Of State Bank of India (SBI), HDFC Bank, ICICI Bank
  • Flipkart Festive Dhamaka Days Sale to Kick Off on October 24
  • IRCTC Bank Transaction Charges: What You Pay On Using Net Banking, Cards, Mobile Wallets
  • RBI allows fund transfer from wallet to wallet
  • Amazon Introduces All-New Waterproof Kindle Paperwhite Starting At Rs 12,999

Minimum Balance Rules Of State Bank of India (SBI), HDFC Bank, ICICI Bank

Regular savings bank accounts require customers to maintain a certain minimum average balance (MAB) every month. Leading banks such as State Bank of India (SBI), HDFC Bank and ICICI Bank have fixed their monthly average balance requirements according to the location of a customer’s account in urban, metro, semi-urban and rural areas. Customers who fail to maintain the monthly average balance in their savings account, have to pay a penalty to the…

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OnePlus 6T Launch Date Changed to Avoid Clash With Apple’s October 30 Event

OnePlus has decided to reschedule the October 30 event scheduled in New York for the global unveiling of the OnePlus 6T smartphone. Now, the OnePlus 6T has a launch date of October 29. The company says the move was necessary as sticking to the original date would’ve meant the OnePlus 6T launch would be “overshadowed by Apple”, which is hosting an event in New York on the same day. On October…

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Flipkart Festive Dhamaka Days Sale to Kick Off on October 24

Flipkart is all set to launch the second round of its festive season sale next week. Titled, ‘Festive Dhamaka Days’, Walmart-owned Flipkart will kickstart the sale from October 24. The four-day Flipkart sale will include deals and offers on all major product categories. The online marketplace had managed to sell a record number of smartphones during its Big Billion Days sale last week. Meanwhile, Amazon India has also announced its second wave of…

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IRCTC Bank Transaction Charges: What You Pay On Using Net Banking, Cards, Mobile Wallets

IRCTC (Indian Railway Catering and Tourism Corporation) offers the facility of booking rail tickets online via its website — irctc.co.in —  and app. IRCTC, which handles catering, tourism and online ticketing operations of the Indian Railways, offers various channels via which you can book your train tickets. You can make the payments via platforms like net banking, debit/credit cards, and mobile wallets, among others. However, you might have to pay…

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RBI allows fund transfer from wallet to wallet

The Reserve Bank Tuesday issued final guidelines to enable interoperability for pre-paid payment instruments (PPIs) or mobile wallets, enabling seamless transfer of funds. Listing the requirements, the RBI said in the case of PPIs issued in the form of wallets, interoperability across PPIs should be enabled through Unified Payments Interface (UPI). For PPIs issued in the form of cards, the cards should be affiliated to the authorised card networks. “PPI…

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Amazon Introduces All-New Waterproof Kindle Paperwhite Starting At Rs 12,999

Amazon introduces the all-new Kindle Paperwhite which is said to have a sleek design and also waterproofing. It measures 8.18 mm thick and weighs 182 grams and is said to be covered in a soft, easy to grip material. The display is said to be 6-inches with a 300 ppi display, which is now common on the Kindles. It includes five LEDs and an adjustable front light for a uniform,…

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PNB Board Approves Rs. 5,431-Crore Capital Infusion From Government

New Delhi: State-run Punjab National Bank’s board on Thursday approved a proposal for capital infusion of Rs.5,431 crore from the central government by way of preferential issue of equity shares. Following the board meeting, the PNB said in a regulatory filing that the capital infusion by the Centre would be through the preferential allotment of the bank’s equity shares at a price determined as per Sebi regulations. Sebi or Securities and Exchange…

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Did not issue five-day strike call in Nov, says AIBEA

The All India Bank Employees’ Association (AIBEA) has denied issuing any circular calling for five days of bank strike in November-end demanding wage hike, said a top official on Monday. He also said the bank unions have rejected the Indian Banks’ Association’s (IBA) proposal to link bankers’ wages to operating profits and return on assets (ROA) as only about six banks would be able to give higher wages over and…

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SBI Net Banking May Get Blocked If Mobile Number Is Not Registered By December 1

Internet banking users of State Bank of India (SBI) are required to register their mobile number (if not done earlier) with the lender by December 1, 2018, said the country’s largest bank. Customers who fail to register it before the deadline, will not be able to access the internet banking facilities of SBI, the lender said on its online portal- onlinesbi.com. “Attention INB (Internet Banking) users, please register your mobile…

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Given up LPG subsidy? Here’s how to claim it back

New Delhi: Consumers who had voluntarily given up cooking gas subsidy or never claimed one can avail the benefit by asking their gas agency at a time when boiling crude oil price is making the kitchen fuel costly, reported the Economic Times citing oil company executives. The steep rise in crude oil prices has increased the domestic rate of non-subsidised cooking gas by Rs 389 a cylinder, or 79 per…

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CBDT extends deadline for filing Income Tax return, audit report till October 31

New Delhi: The government on Monday extended by a fortnight till October 31 the deadline for filing Income Tax return (ITR) and audit report for the financial year 2017-18. This is the second extension within a fortnight of the Central Board of Direct Taxes (CBDT), earlier extending the deadline for taxpayers whose accounts have to be audited from September 30 to October 15. “Upon consideration of representations from various stakeholders, CBDT…

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Idea customers in Kolkata can now use 4G services with 10GB free data: How to avail

Vodafone Idea has announced the rollout of 4G services across Kolkata in the build-up to Pujo, the auspicious festival celebrated merrily across West Bengal and other states. The rollout is a part of the cellular network expansion after Vodafone and Idea Cellular announced their merger earlier this year. The Idea customers in Kolkata will be able to use 4G services facilitated by Vodafone’s 4G presence in the region. The company…

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