SBI, Canara Bank deducting money for govt insurance schemes from savings accounts without consent; complaints flood X

Banks including State Bank of India (SBI) and Canara Bank are debiting insurance premiums for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJY) for life insurance, Pradhan Mantri Suraksha Bima Yojana (PMSBY) for accident insurance without obtaining prior consent from customers, the complaints on social media platform X read. All you need to know

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SBI UPI services will be down on this day; Check your alternatives

State Bank of India (SBI) UPI services will be down for a few hours on November 26, 2023.

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Rajasthan Assembly election 2023: Are banks, government offices closed on Saturday?

The Reserve Bank of India has updated its state-wise bank holiday schedule to reflect the same. Banks would have been closed even if the elections were not held on November 25 as it is the fourth Saturday of the month.

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‘Over 50% of individuals get income tax refunds in a month’

Faster return processing and issue of refunds has been a thrust area for the government and the survey indicates that the feedback has been positive. Until a few years ago, until the process was automated, refunds would take as much as a year.

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Damage to EV battery, charging station while charging: Insurer launches insurance covers for this

Zuno General Insurance (formerly Edelweiss General Insurance) has launched three new add-on insurance policies which would cover electric vehicle battery, private charging station, charging cable and standard accessories. Zuno claims that these add-on policies are an industry first offering and is aimed to cover a grey area in the insurance industry.

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10-yr period for income tax review applies to income over Rs 50 lakh: Delhi high court

The Delhi high court had to decide the validity of the notices issued to petitioners under section 148, keeping in view the ‘period of limitation’ (time within which notices for re-opening of cases can be issued). The court was responding to a bunch of petitions for FY16 and FY17.

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Diwali offers 2023: Check PNB, SBI, Bank of Baroda's special car loan, home loan rates, offers

Many public sector banks like Punjab National Bank (PNB), Bank of Baroda (BoB) and State Bank of India (SBI) have come up with festive offers giving concession on interest rate in home and car loan. The interest rate for PNB home loan starts from 8.4% and it can be applied online.

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