Banking
Siva Industries case: The BIG GAME of Bank, NPA and Settlement! WHY banks agreed to settle huge loan of Rs 4863 crore at just Rs 323 cr? BIG QUESTIONS RAISED!
Wed, Jun 16, 2021
Siva Industries Loan Settlement Case: Some serious allegations and questions have been raised with respect to Siva Industries and Holdings case that has grabbed the limelight.
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NEW Loan Products: LAUNCHED! SBI, IBA announce support measures by all Public Sector Banks to mitigate impact of Covid 19
Sun, May 30, 2021
Support measures and launch of new loan products by all Public Sector Banks to mitigate the impact due to resurgence of Covid pandemic. Here are all the details:-
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RBI circular on appointment of bank, NBFC auditors: Important development! Here is why CII wants review
Sun, May 23, 2021
The Reserve Bank in its circular on April 27, 2021 imposed various restrictions on appointment of auditors by banks and NBFCs and prescribed a cooling off period for re-appointment.
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HDFC Bank deploys mobile ATMs in 19 cities across India - Is yours on list? Find out now
Fri, Apr 23, 2021
HDFC Bank, a leading private sector bank, has deployed mobile Automated Teller Machines (ATM) across the country to help customers deal with the situation in a better manner amid the rapid spread of Covid-19 infections that have led to localized lockdowns.
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Use cards, wallets? Important note from RBI on cash withdrawal, this balance hiked to Rs 200,000
Wed, Apr 07, 2021
To promote optimal utilisation of payment instruments (like cards, wallets etc.), the Reserve Bank of India has today proposed two measures — mandatory interoperability and cash withdrawal for full-KYC PPIs (Prepaid Payment Instruments).
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Post Office Savings Account: Changes from 1st April that you can't afford to miss
Wed, Mar 31, 2021
Post Office Savings Account: As we are about to enter the new financial year from 1st April 2021, there are various changes that are going to impact investment goals and post office savings schemes are one of them.
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March closing alert! Banks to conduct special clearing operations - Check what RBI has ordered
Tue, Mar 30, 2021
In a major development, the RBI has said that banks will conduct special clearing operations for the annual closure of government accounts on March 31, which is the last day of the current fiscal year.
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Changes from 1st April: From LPG cylinder price, EPF income tax rule to NPS charges — here are top 5 things that will change from 1st April
Fri, Mar 26, 2021
Financial Year 2020-21 (April-March) is about to end, and new Financial Year 2021-22 is going to begin from 1st April 2021. With the arrival of the new financial year, there are some major changes taking place which will affect an earning individual's money matters.
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