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An individual needs to be equipped with sufficient funds that would enable him to deal with any adverse situation.
The band bank hopes to recover between Rs 50,000 crore and Rs 64,000 crore of NPA.
The retail credit remained strong with 12% on-year growth, however the pace has decelerated from 2.6% in July to 1.2% in August on a MoM basis
The new NAV-eCash card will facilitate both online and offline transactions and is powered with dual-chip technology
Form D is required to be filled and submitted to the bank/post authorities where the PPF account is held to apply for loan against PPF.
Post Office term deposit schemes are similar to bank FDs. One can open this account single or jointly with paying a minimum amount of Rs 1,000.
Fixed deposits: Some private lenders are offering better FD rates across all tenures and also for less-than-36 months.
Capabilities like paying, saving, borrowing and investing can be done on the app and are being scaled on a daily basis
According to the Reserve Bank of India, the total number of credit cards was at 63.4 million by the end of July
Having multiple accounts may sound like a prudent financial move, but you inadvertently end up making your money matters more complex