The online banking service for Citizens Bank is currently down, and the following message has been posted: 'We are sorry that Citizens Bank Online is not available at this time.
There was a time when using a bank was simple. You opened a savings account, mostly with cheque facility, your deposit earned you some interest, and that was it. For anything else, you had to go over to the branch. If you were charged for anything, it was there for you to see.
It's official: HDFC Bank will merge Centurion Bank of Punjab, a bank one-fifth its size in terms of assets, with itself in the biggest consolidation seen in private-sector banking in India in recent times.
After shaking up the banking industry with the merger of Centurion Bank of Punjab last month, private sector HDFC Bank is planning to start a non-banking finance company.
Federal Bank, one of the largest in the old private banking space, is hunting for acquisitions and various strategic investments in financial services.