Private and Public banks including ICICI and SBI facing issues in online services BANK NEWS


Banks are facing a big issue in providing online services in a period where everyone adapts the culture of digitization in this pandemic.

Private and Public banks including ICICI and SBI facing issues in online services
Banks Customers Tweeting their problems (PSU Connect)


New Delhi: The customers of the private and public sectors banks are facing a big issue in providing online services from past few days where everyone adapts the culture of digitization in this pandemic. 


This issue is happening since the government puts pressure on several banks for mergers. Earlier the government of India announced the merger of the 10 public sector banks into four entities in March. 


This merger is announced for the better management of the banking capital, but are people satisfied with the services of the banks?


India’s leading private Banks ICICI, HDFC bank facing a lot of issues in providing online services like UPI, net banking transaction, debit card transaction. The same issues are being faced by the customers of Punjab and Sind bank. On the other hand, customers of SBI facing an error while login. 


PSU Connect has seen many of the comments and tweets on social media where people are complaining about this matter and having issues with the login and transactions via UPI, net banking. 

Posted Date :  17-10-20

Categories : BANK NEWS

Tag Cloud: BANK NEWS

Similar news

RBI suggestion on converting large NBFCs into banks

NewDelhi: The Reserve Bank of India suggests converting the large Non-Banking Financial Company (NBFCs) into banks according to the fulfillment of certain criteria.   The central bank panel recommended that Well run large NBFCs, with an asset size of Rs 50,000 crore and above, i
Posted Date :  20-11-20

Read more

SBI upgrading Internet banking-regrets for the inconvenience

New Delhi: The State Bank of India's one more step towards giving the best services to its customers. India's largest public sector bank is set to upgrade its internet banking platform to provide for a better experience.    SBI says, "We request our esteemed custome
Posted Date :  19-11-20

Read more

PMC Bank revival mode as investors are showing interest

Maharashtra: After a massive loss faced by the Punjab and Maharashtra Cooperative Bank, there comes a ray of hope from some investors of the Business group. these groups have shown interest in the revival of the beleaguered PMC Bank.   It has been said that there are few enquiri
Posted Date :  18-11-20

Read more

RBI imposed a penalty on the Central Bank of India of Rs 50 lakh

New Delhi: RBI, Reserve Bank imposed a penalty of Rs 50 lakh on the Central bank of India for non-compliance with its directions on disbursal of some housing loans, on Tuesday said.    RBI mentioned in its statement, "Reserve Bank of India (RBI) has, by an order dated Novem
Posted Date :  17-11-20

Read more

Huge rise in BOI Q2 net profit jumps 97 percent

New Delhi: Bank of India a Public sector lender on Friday posts a net profit of Rs 526 crore in the September quarter of FY21, up 97% year on year (YoY), owing to a 22% rise in other income on a year-on-year basis to Rs 1,613 crore. Profit growth was supported by net interest income (NII), which
Posted Date :  07-11-20

Read more

Know which Banks will levy charges on deposit and withdrawing money

New Delhi: Some of the Private and Public undertaking banks including Bank of Baroda and Axis Bank will now charge from their customers on deposit and withdrawing money. As per reports, the Bank of Baroda will start charging its customers for transactions beyond the prescribed limits from Novembe
Posted Date :  02-11-20

Read more

A penalty imposed on jio payment bank by RBI

New Delhi: The reserve bank of India has imposed the penalty of Rs. 1 crore on  Indian payments bank, Jio payment bank for not following the guidelines of RBI.    The jio payment bank has faiLed to follow the RBI directions on timely submission of application in the case of
Posted Date :  31-10-20

Read more