Banking
Covid-19 brings back plan for credit enhancement NBFC - All you need to know
Sun, Aug 09, 2020
The government proposes to give the go-ahead for a new credit enhancement non-banking finance company (NBFC) that will act as a guarantor for lower-rated bonds issued by infrastructure companies to help them raise funds at competitive rates.
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Big RBI decision on cheque payments - Very important banking announcement | All details here
Thu, Aug 06, 2020
"With COVID-19 infections rising unabated under fragile macroeconomic and financial conditions, we propose to undertake additional developmental and regulatory policy measures to augment customer safety in cheque payments," RBI Governor Shaktikanta Das said.
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IndusInd Bank to raise Rs 3,288 crore through preferential issuance of equity
Wed, Jul 29, 2020
IndusInd Bank has decided to raise Rs 3,288 crore through a preferential issue of fully paid up 6.275 crore equity shares at a price of Rs 524 per share, through a set of marquee investors and the Promoter.
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SBI Pension Seva - pensionseva.sbi: Know registration, benefits, other details
Tue, Jul 28, 2020
SBI Pension Seva: The State Bank of India (SBI) has launched a dedicated website for the pensioners pensionseva.sbi. Those SBI savings account holders who have pension accounts with the largest Indian commercial bank will be able to take advantage of this online portal.
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Bank Employees alert! New details of Salary Hike, PLI, DA, Pension: Good news! Things to know after Bank Unions-IBA agreement
Thu, Jul 23, 2020
With the increasing number of coronavirus cases in India and people losing jobs, there is a section of employees in India fortunate enough to receive a wage hike!
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Money Tip: Pause SIP or EMI moratorium? Which one is advisable during COVID-19 financial crisis
Thu, Jul 23, 2020
During the COVID-19 pandemic, cash flow of a huge number of earning individuals has been hit badly. In such a situation, the RBI offered bank loan EMI moratorium that the majority of the Indian banks implemented immediately.
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