BBPS is an RBI initiative and is run by National Payments Corporation of India. It serves as a one-stop ecosystem for all types of bill payments.
With rising interest rates, FDs have become more attractive, but choosing between FDs and mutual funds depends on your investment preferences
Over the last decade, the banking industry evolved due to the widespread adoption of digital technology, providing customers with incredible access, efficiency, and convenience
The new scheme would be effective in the next quarter, maybe in August and September
Promising IPO Landscape: Ola Electric Leads, Hyundai, Bajaj Housing Finance, NSDL Follow
Continued gold purchases by central banks could sustain the allure of gold. Such acquisitions would bolster demand for the precious metal.
New investors such as Avenir, Lightspeed, and Avra joined existing investors Glade Brook, Nexus, StepStone, Goodwater, and Lachy Groom in the funding round.
Neglecting to inform or settle taxes could be interpreted as tax evasion, resulting in substantial penalties
As the demand for loans is increasing rapidly in the country, there is no corresponding increase in deposits. This is causing difficulties for banks in lending funds, hence the demand for tax breaks on intererst income.