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Money9 Helpline hosted Paisabazaar's chief product officer, Radhika Binani to explain how to keep the credit score healthy and improve it over time.
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The bill proposes a new chapter in the IB Code to facilitate the pre-packaged insolvency resolution process for MSMEs
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The penalty has been imposed for "contravention of/non-compliance" with certain provisions of directions issued by the RBI
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Once the Bill becomes law, it will provide immediate relief to thousands of depositors, who had their money parked in stressed lenders
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Even after your account turns inactive or dormant, interest, if any, will be credited to your savings account regularly
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IDBI Bank's asset quality improved with gross NPAs falling to 22.71% of the gross advances as of June 30, 2021 from 26.81% by June 2020
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Reliance Health super top-up insurance policy provides worldwide coverage, air ambulance coverage up to Rs 5 lakh, maternity coverage up to Rs 2 lakh.
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The second wave of Covid-19 has spiked up the number of bad loans and a decline in credit demand.
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Besides NEFT and RTGS, gross payment facility NACH will be available 24X7, RBI had announced.
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RBI has advised banks to play a proactive role in finding the whereabouts of account holders of unclaimed deposits/inoperative accounts, Karad said