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The DGFT has also told banks to come up with a report flagging the specific issues in cross-border trade settlement in the Indian currency
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Under EDLI, if an employee dies for any reason during his service period, his nominee receives a insurance benefit of up to Rs 7 lakh
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This is a scheme where a bank and a fintech enter a lending arrangement, where the fintech guarantees to compensate a certain percentage of default in the loan portfolio
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Under Indian laws, every company has to transfer the underlying shares and all unpaid dividends on it to the IEPF account within 30 days, if these dividends have stayed consequentially unclaimed for 7 years
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Even though Indian markets remain fairly valued relative to global valuations, FII is investing in the Indian market because it stands out among emerging economies
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The sharp rise in cumulative dues has been attributed by experts to increase in the popularity of credit cards and their usage. Inflation has also been held responsible for the rise in the dues.
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With the increase in property sales, real estate companies have started recovering from a difficult phase. Their balance sheets have strengthened, and they have begun launching new projects. All of this is reflecting in the performance of real estate shares.
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You can open FD account in both government and private banks, while time deposit is completely a government scheme and the account can be opened only in a post office
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If a mutual fund scheme meets the prescribed criteria, then it can prove to be useful for investment
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After the implementation of this system, electricity consumers across the country will have to pay lower rate during during day time and higher rate during night time
