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RBI warns banks of ‘lakhs’ of accounts used for fraud, evergreening
The RBI states that internal accounts in banks are being misused for fraudulent activities. Fake transactions are being carried out through these accounts, and evergreening is being practiced. Many of these internal accounts are operated in the names of customers and are used for fund parking and fake transactions.
Pranav PradhiJuly 11, 2024/3:48 PM IST -
Surge in IPOs, Sebi fast-tracks approvals
Many big IPOs, like those from Hyundai Motor India and Reliance Jio, are expected to be launched soon. This is because the market regulator SEBI (Securities and Exchange Board of India) is maintaining a fast pace in approving IPOs. Let’s explore what steps SEBI is taking to expedite the IPO approval process and what benefits investors can expect from it.
Pawan PandeyJuly 11, 2024/2:00 PM IST -
Use credit card a lot? Here are 5 ways to avoid debt traps!
You can anytime seek help, to maintain a good credit score, seeking professional advice can safeguard against credit card pitfalls
Pranav PradhiJuly 11, 2024/12:46 PM IST -
Mobile phone retailers call out rampant fraud, urge buyers to shun easy EMIs
People buying phones on EMI often do so unnecessarily, purely to obtain a loan. scammers exploit same to fulfill their cash needs
Pranav PradhiJuly 10, 2024/6:15 PM IST -
HDFC Defence Fund to halt new SIP registrations from July 22
The HDFC Defence Fund focuses on companies operating in India's defense sector, includes 29 listed companies
Devendra SharmaJuly 10, 2024/4:45 PM IST -
UP promotes green drive, Zero registration fee for hybrid cars
Prices of several cars from Maruti, Tata, Mahindra, Honda, and Toyota have been reduced by up to several lakhs of rupees. Let’s find out which cars have become cheaper and by how much?
Pawan PandeyJuly 10, 2024/3:52 PM IST -
Credit Cards for the Super Rich!
Popular elite credit cards include SBI Card ELITE, Citi Prestige Credit Card, Infinia Credit Card, and Axis Bank Magnus Credit Card. Let's explore what elite credit cards are, their benefits and drawbacks, and what to keep in mind when choosing an elite card.
Pranav PradhiJuly 10, 2024/2:07 PM IST -
YEIDA launches 361 plots for sale near Noida airport
Right from the registration process and pricing to whether you should invest in the Yamuna Expressway Authority’s Plot Scheme, here's everything you need to know about the YEIDA Plot Scheme 2024.
Pawan PandeyJuly 10, 2024/12:38 PM IST -
Face value of debt securities cut to Rs 10k to boost retail participation
SEBI has said in its new guidelines that companies can now issue bonds and non-convertible debentures (NCDs) with a face value of ₹10,000.
Devendra SharmaJuly 9, 2024/6:00 PM IST
