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What are the rates of interest offered by payment banks?
Payment banks are offering interest rates as high as 7.5%. Also, most of the payment banks have the facility of zero balance account.
Hemanshi TewariApril 8, 2021/4:45 PM IST -
Sensex ends 84 points higher; Nifty above 14,850
Late afternoon sell-off in banking & financial counters dragged benchmark Indian equity indices lower on Thursday.
Money9April 8, 2021/4:40 PM IST -
Jan Dhan accounts: Government needs to step up enrolment
The degree of participation in Jan-Dhan accounts has been remarkable helping the government in its quest for financial inclusion and clean administration
Avijit GhosalApril 8, 2021/4:35 PM IST -
Hiring activity picks up slightly in March
The retail sector, which was severely impacted by the pandemic, is also seeing robust revival, with sequential hiring activities seeing an uptick of 15% last month
Press Trust of IndiaApril 8, 2021/4:28 PM IST -
Surge in COVID cases may impact NBFCs’ fund raising via securitisation: Report
Securitisation volume, which stood at Rs 85,000-90,000 crore during the financial year 2020-21, is expected to rise by 40-50% year-on-year in the current fiscal (2021-22), Icra Ratings said in a report
Press Trust of IndiaApril 8, 2021/4:15 PM IST -
Amazon digitises 2.5 m MSMEs, enables $3b exports, helps create 1m jobs
Nearly a third of these MSMEs have signed up in local Indian languages like Hindi, Tamil, Kannada and Marathi
Press Trust of IndiaApril 8, 2021/4:11 PM IST -
Policyholders prefer paying health insurance premium in EMIs amid Covid outbreak: Survey
Here is a primer on how health insurance premium is paid in instalments and how the claim settlement process works
Teena Jain KaushalApril 8, 2021/3:27 PM IST -
Equity mutual funds see inflow in March; first time in nine months
Equity mutual funds witnessed a net inflow of Rs 9,115 crore in March, making it the first net infusion in nine months
Press Trust of IndiaApril 8, 2021/3:25 PM IST -
These companies may report over 100% growth in net profit in Q4; should you invest?
On average, Kotak Institutional Equities projected 125% YoY growth in the net profit of Nifty50 companies in hopes of a strong YoY increase in net income of automobile, banks, oil and gas and metal and mining companies
Money9April 8, 2021/2:54 PM IST
