AGP Executive Report
Last update: 7 hours agoCredit Card Costs: PNB will raise several Visa and RuPay card fees from November 1, including ATM cash withdrawals, late payments and reward-point redemptions. Utility bill payments above ₹50,000 a month will also incur a 1% fee, plus tax. Fraud Alert: Two Mohali residents lost a combined ₹6 lakh after scammers posing as bank staff used fake reward-point offers to gain access to their devices and cards. Savings Rates: VTB says eligible customers can earn 14.7% a year on ruble savings-account balances from November 1; Khaleeji Bank is offering an expected return of up to 6.25% on app-based investment deposits for a limited time. Banking Shift: U.S. banks are restricting third-party AI agents from accessing customer accounts, as regulators and lenders debate how new technology and crypto products could draw deposits away from traditional banks. Payment Deadline: Australia’s tax office has extended its transition away from credit card payments until June 30, 2027, giving taxpayers more time to switch arrangements.
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