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C-KYC gets thumbs down from banks
If you have opened your bank account via c-KYC and digilocker, chances are you’ll also be flagged as insecure. What does this mean for you?
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RCap causing troubles for LIC
LIC, EPFO to lose majority of investments made in RCap, Inflation to fall further in May’23: Das, GPay RuPay cards for UPI transactions, Rs 3k Jio b
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Will FD interest rates stop rising now?
According to RBI data, in the financial year 2022-23, there was an increase of 15% in the demand for loans in banks
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Call on extending note exchange deadline later: Das
The government has held governance and regulatory practices in the country’s banking responsible for staying unaffected despite the recent turmoil i
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Which card to use on foreign travel?
Under the current rules, you are charged a certain percentage of TCS everytime you remit funds abroad, even if it is within the LRS limit
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Rs 2,000 withdrawal: Very few inquiries at branch level
If there is a marked difference from the frenzy and disorder that followed the 2016 announcement of demonetisation, it appears to be due to the calibr
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No PAN, forms needed to exchange Rs 2,000 notes: SBI
SBI has issued a circular to all its branch managers that these instructions should be followed to make the process of note exchange simple and quick.
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No TCS on international credit card payment under Rs 7 lakh
To avoid procedural ambiguity, it has been decided that any payments using international debit or credit card up to Rs 7 lakh per financial year will
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RBI pays Rs 87,000 cr dividend to govt
RBI pays Rs 87,000 cr dividend to government; SC panel on Adani submits report; No WhatsApp call with SIM cards
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Rs 2,000 rupee note withdrawn but will remain legal tender
If someone wants to exchange these notes with that of other denominations they can go in bank and exchange them. However, in one time you can only e
