Banking trends Archive

Tez: Google Payment App

Tez is the Unified Payments Interface (UPI) based digital payment service launched by Google. It was launched o 18 September 20017. Tez means speed in Urdu.To capture a major share of the digital payment market in India,

Savings Bank (SB) account interest rate cut: More Banks reduce rate

Savings Bank interest rate cut initiated by State Bank of India (SBI) has prompted other banks too to take similar step. Taking a cue from the announcement by SBI, four other major banks have announced reduction in

SBN- Grace Period For Residents & NRIs.

The facility for exchange of Specified Bank Notes (SBN) announced by Reserve Bank of India (RBI) was from 10th  November to 30th  December 2016. On November 8, 2016, Prime Minister of India announced cancellation of legal tender