Bank of Baroda Joins the Club: No More Minimum Balance Fees for Standard Savings Accounts

Bank of Baroda Joins the Club: No More Minimum Balance Fees for Standard Savings Accounts

Bank of Baroda is set to waive minimum balance charges for all standard savings accounts starting July 1, 2025. This means customers with these accounts won’t be charged if their monthly average balance falls short. Who Benefits? This customer-friendly move applies to everyone holding a standard savings account with Bank of Baroda. However, it’s important … Read more

RBI Extends Restrictions on Pune Sahakari Bank

RBI Extends Restrictions on Pune Sahakari Bank

PRESS RELEASERESERVE BANK OF INDIAWebsite : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,email : helpdoc@rbi.org.in Mumbai – 400 001 /Phone: 022 – 2266 0502 Directions under Section 35A read with Section 56 of the Banking RegulationAct, 1949 – Pune Sahakari Bank Ltd., Shivajinagar, Pune – Extension of PeriodThe Reserve Bank of … Read more

Yes Bank Board Approves ₹16,000 Crore Equity and Debt Raise

Yes Bank Board Approves ₹16,000 Crore Equity and Debt Raise

Yes Bank is gearing up for a significant financial boost, with its board approving plans to raise a total of ₹16,000 crore. This substantial capital infusion will come from a mix of equity and debt securities. The bank aims to raise ₹7,500 crore through the issuance of eligible equity securities. This move is designed to … Read more