UPI has been a hit in India, and now almost everyone in urban and metro cities uses UPI for daily payments. However, according to the SBI report, although UPI usage is high, the currency in circulation is also high. Currency in circulation (CiC) in India has continued to rise and reached record high levels in…
The Kerala High Court has issued a new direction regarding petitions to de-freeze bank accounts. The Court said that the identity of the person filing such a petition must be verified before the case is heard. Recently, a lot of court cases are being filed by citizens complaining about freezing of accounts by Banks on…
Salary of Clerk and Substaff of PSU Insurance: The Government of India has increased the salary of clerk and substaff of Public sector general insurance companies. The new and revised salary structure and allowances are given below: New Basic Pay of Supervisory and Clerical Staff (1) Senior AssistantRs. 50815-3640(4)-65375-4050(15)-126125 (2) StenographerRs. 50815-3640(4)-65375-4050(15)-126125 (3) Assistant, Typist,…
A female bank employee working in HDFC Bank has been killed by her husband in Gurugram on suspicion of extra-marital affair. The husband revealed that he had suspicion on the character of his wife Mehak Kathuria, aged 26 years old. Both were married 5 months ago and Mehak was 2 months pregnant. Mehak was working…
Do you support Government in increasing FDI in Financial Sector? As per reports, the government of India is planning to increase FDI in the financial sector. India boasts of UPI, but the top two UPI apps in India – PhonePe and Google Pay are owned by US companies. Do you support the government in increasing…
New Delhi: Punjab National Bank (PNB) has issued an important advisory to all its branches after facing a major setback in a consumer complaint related to operations in a joint account. The issue came to light after a dispute between joint account holders over the issuance of a Debit Card and change of registered mobile…
Rajasthan: The agriculture department has filed an FIR in connection with an alleged crop insurance fraud under the Pradhan Mantri Fasal Bima Yojana (PMFBY). The case involves fake farmers and forged land records at the Salasar branch of State Bank of India (SBI). First understand this PMFBY Scheme Pradhan Mantri Fasal Bima Yojana (PMFBY) is…
Reserve Bank of India (RBI) Assistant Recruitment 2026 Notification Out for 650 Posts RBI Assistant Recruitment 2026: RBI Assistant Recruitment 2026 notification PDF has been released by Reserve Bank of India. RBI Assistant Recruitment 2026 Important Dates Notification Release Date: 16 February 2026 Online Application Start Date: 16 February 2026 Last Date to Apply: 08…
The Government of India has hiked the salary of public sector insurance officers. The basic pay of Scale 1 Officer has been increased from Rs.50,925 to Rs.82,485. On the contrary, the initial basic pay for an IBPS PO is just Rs.48,480 per month. The new basic pay of officers is as follows: Scale VII: 251125-6755(2)-264635-7240(1)-271875-7920(1)-279795-8215(4)-312655 Scale VI:…
Indian Bank Officer arrested for stealing 2.7 Kg Gold from Bank Locker The assistant manager of Indian Bank – a nationalised bank, has been arrested for allegedly stealing nearly 2.7 kg of gold jewellery from the bank lockers. The incident took place at the bank’s Girinagar branch in Bengaluru. The officer pledged the gold to…