Tag Archives: private banks

ICICI, HDFC, Axis Banks Unleash Rs.150 Extra per Transaction, Citing Cashless Economy Drive

With the government and regulator RBI remaining mute witnesses to the horrors, private banks have unelashed Rs.150 per cash transaction and the three major private banks — HDFC Bank, ICICI Bank and Axis Bank — were in the forefront to unleash the new banking terror on customers. Other private and scheduled banks are waiting for the reaction of customers before ...

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Indian banking, business hit by nation-wide staff strike over pay hike (Photos)

Banking staff strike has become an annual feature, sometimes bi-annual event in India that Wednsday witnessed virtual standstill in business operations across the country, diminishing the already staggering business lcimate of the country in the world’s eyes. Neither the government, which owns most of these banks nor the staff who are used to babu culture over four decades pay concern ...

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