-
PSBs asked to recover written-off loans
The Department of Financial Services is likely to hold a meeting soon with senior officials of the public sector banks
-
FDs come to the rescue of those seeking loans
One of the reasons driving more and more customers to pledge FDs is the high loan-to-value ratio – upto 90-95% -- that can be realised from FDs
-
Adani stuck with 5G spectrum, may seek extension of deadline
Adani Data Networks, which acquired the spectrum in August last year, has decided to approach the department of telecommunications, seeking additional
-
Last chance to lock FD on high interest?
The decline in bond yields indicates that the market is not expecting an increase in the policy rates from the Reserve Bank in future, rather the mark
-
How safe is your money in co-operative banks?
This not the first instance of co-operative banks being penalised for flouting norms. Several banks have also had their licence cancelled.
-
Major headwinds are persisting for banking sector
Various activities are effectively capex but in accounting terms, some of these activities are considered just as an expense while other are qualitati
-
Why are central banks hoarding up on gold?
During the recent few months the central bank of China, among all the central banks in the world, has emerged as the biggest buyer of gold
-
Higher TCS on foreign travel via cards
Citizens are already paying 20% TCS on foreign remittances made by other mode of payment like debit card or net banking
-
WPI eases to 29-month low at 1.34%, but food still raging
Overall, WPI inflation has fallen to last 10 months consecutively till March, 2023
-
RBI raises an eyebrow over robust credit demand
As per RBI figures, in September, there has been a 16.9% growth in non-food credit on year on year basis.
