Articles for tag: Access, Bandhan, Bank, Bengal, Collection, confirming, Enhancing, Government, GST, Payment, Revenue, Role, Service, Services, Unveils, West

September 9, 2024

Bandhan Bank unveils GST payment service, enhancing access to government services and confirming its role in revenue collection in West Bengal.

Bandhan Bank has introduced a new service enabling both customers and non-customers to pay Goods and Services Tax (GST) online and offline. This initiative is part of the bank’s commitment to providing easier access to government services, according to Rajinder Babbar, Executive Director and Chief Business Officer. As a Kolkata-based private bank, Bandhan Bank has ...

September 4, 2024

Market News

Business

Canara Bank Secures 0 Million with 5-Year Bonds Amid Strong Investor Confidence

Canara Bank Secures $300 Million with 5-Year Bonds Amid Strong Investor Confidence

Canara Bank has successfully raised $300 million through its IFSC Banking Unit, as announced on September 4, 2024. The funds will be utilized for general corporate purposes and come from bonds maturing in five years, featuring a coupon rate of 4.896% paid semi-annually. The bank’s Managing Director and CEO, K Satyanarayana Raju, expressed satisfaction with ...

September 3, 2024

Market News

Business

Congress Challenges ICICI Bank Over Controversial Retirement Benefits of SEBI Chairperson

Congress party has raised concerns regarding the retirement benefits received by Madhabi Puri Buch, the Chairperson of the Securities and Exchange Board of India (Sebi), from ICICI Bank. During a press conference, Congress highlighted that the payments Buch received post-retirement were more than her regular salary while she was employed at the bank. They questioned ...

May 12, 2024

Market News

Crypto Now

Central Bank Digital Currencies fall short in meeting people’s needs – find out why!

Central Bank Digital Currencies, or CBDCs, have been gaining traction in the world of finance. However, despite their potential benefits, many experts believe that CBDCs do not fully address the needs of the people. This has raised concerns about the impact that digital currencies could have on the financial well-being of individuals. Stay tuned as ...

April 27, 2024

Market News

Crypto Now

Bank Boss Cheers Big Win: No More Money Down Needed for Crypto!

In a significant industry development, the CEO of Custodia Bank has publicly praised the decision made by the Depository Trust & Clearing Corporation (DTCC) regarding the zero collateral value of cryptocurrency. This new stance marks a pivotal moment in the financial world, potentially altering how digital assets are perceived and handled by major financial institutions. ...

April 27, 2024

Market News

Crypto Now

Big News: Philly’s Own Republic First Bank Shuts Down! Find Out What’s Next as Fulton Bank Steps In

In a significant move, Philadelphia’s Republic First Bank has been officially shut down by regulators. This unexpected closure marks the end of the road for the local bank. However, there’s a silver lining for its customers as the bank is set to make a comeback, but this time as part of Fulton Bank. The transition ...