Thu, Sep 12, 2024
Do you know about the limits on cash deposits in Indian bank accounts and how exceeding these limits could attract scrutiny from the Income Tax Department? Know the rules for cash deposits, the maximum amounts you can deposit, and the potential penalties for not reporting large cash transactions. Understand the implications of depositing more than Rs 10 lakh in cash and how to handle such transactions effectively.
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Wed, May 10, 2017
The bank said that now customers will be charged Rs 25 per transaction on every cash withdrawal from ATMs. The bank will also charge on issue of ATM cards except RuPay, henceforth.
Tue, Apr 11, 2017
Axis Bank on Tuesday clarified that the bank has "zero tolerance" towards any devious procedures and is fully co-operating with the Central Bureau of Investigation (CBI) during investigations at Ahmedabad Axis Bank branch.
Fri, Apr 07, 2017
It was also alleged that during grace period of depositing demonetised notes, huge cash deposits were made in the bank several times during a day by a single person, the release mentioned.
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