Current Affairs - Banking

The State Bank of India (SBI) has introduced an innovative Customer Service Points (CSP) functionality that allows customers to seamlessly enrol in essential social security schemes using just their Aadhaar cards. The move was unveiled by SBI's Chairman, Dinesh Khara, who emphasized the bank's commitment to breaking down barriers to financial security through technology-driven solutions.

The Reserve Bank of India (RBI) has granted its approval for the amalgamation of Akola Merchant Co-operative Bank with The Jalgaon Peoples Co-operative Bank.

In a groundbreaking collaboration, HDFC Bank, India’s leading private sector bank, has partnered with Marriott Bonvoy, the acclaimed travel program by Marriott International, to unveil the ‘Marriott Bonvoy HDFC Bank Credit Card‘.

Cleartrip, a subsidiary of Flipkart, has joined forces with Axis Bank, a prominent private sector bank in India, to introduce an innovative travel proposition for Axis Bank credit cardholders.

HDFC Capital Advisors and the House of Abhinandan Lodha (HoABL) have formed an alliance to set up a joint venture platform with investments of over Rs 1,500 crore to undertake land projects including plotted developments.