Bank Account News

Money

Depositing large cash amount in your bank account? It may trigger a tax notice — Here's how to avoid

Banks and cooperative banks are required to report to the Income Tax Department if someone deposits ₹10 Lakh or more during a single financial year.

2 min read2 Nov 2025
Industry

Mint Explainer: Are zero-balance accounts about to become the new normal in banking?

Draft norms seek to expand BSBD services with mobile banking, cheque books and free digital transactions

3 min read2 Oct 2025
Money

Have a joint account with a spouse or parent? Do this to avoid tax trouble.

Joint bank accounts are useful but can also create tax headaches unless handled carefully.

2 min read18 Aug 2025
News

The $95-million question: What happens to Biden's campaign money?

USA-ELECTION/BIDEN-FUNDRAISING:EXPLAINER-The $95-million question: What happens to Biden's campaign money?

2 min read25 Jul 2024
News

The Banks That Hold Most Money in Singapore Laundering Scandal

In a Singapore courtroom on Friday, the last of those arrested for their involvement in the island nation’s biggest laundering case pleaded guilty, paving the way for the next steps in the S$3 billion ($2.2 billion) scandal.

3 min read8 Jun 2024
Money

How is a demat account different from a bank account? Here are the key distinctions

A demat account and a bank account serve different purposes and have distinct features. Let's take a look at how they differ.

4 min read8 Apr 2024
Money

ICICI Bank launches special account for Indian students in UK; See details

ICICI Bank: The HomeVantage Current Account (HVCA), which comes with a Visa debit card valid for use anywhere in the world, can be activated digitally before the students leave India for the UK.

1 min read4 Oct 2022
News

The Banks That Hold Most Money in Singapore Laundering Scandal

In a Singapore courtroom on Friday, the last of those arrested for their involvement in the island nation’s biggest laundering case pleaded guilty, paving the way for the next steps in the S$3 billion ($2.2 billion) scandal.

3 min read8 Jun 2024

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