-
Supreme Court allows banks to proceed against personal guarantors under IBC
SC upheld the validity of the Centre's notification allowing banks to proceed against personal guarantors for recovery of loans given to a company und
-
Fixed Deposits: These small finance banks provide up to 6.50% interest on 2-year deposit
SFBs provide basic banking activities to un-served and underserved sections of societies to improve financial inclusion in the country.
-
Markets post their biggest single day gain in two months; here’s what investors should do
At close, the Sensex was up 848 points or 1.74% at 49580, and the Nifty was up 245 points or 1.67% at 14,923
-
Fixed Deposits: These banks offer up to 6.5% interest for 1-year tenure
FD tenure can range from short-term to long-term depending upon the investment goal.
-
PSBs rally on privatisation hopes, experts see higher gains going forward
"The disinvestment buzz is keeping PSB stocks buoyant. I am betting on Canara Bank for good upside in the medium term," said Rahul Sharma of Equity99
-
Beware: Online payment frauds galore in Covid times
Banks have reported a surge in cyber frauds and are trying to educate customers. Fraudsters are meanwhile devising new methods to cheat gullible peopl
-
Vaccinate staff of banks, insurance companies on a priority basis: FinMin to states
Out of the total strength of 13.5 lakh employees in the banking sector, about 600 deaths due to Covid-19 were recorded last year, as per the IBA data
-
Fixed deposits: Top-5 banks giving higher interest rates
The interest earned on a FD is fully taxable. It is considered a part of total income and taxed as per the applicable tax slabs
-
Credit cards see a healthy growth for high-value transactions online
While the overall usage of plastic card, both in terms of volume and value of transactions, is down, the number of cards has shown an 8% growth in Feb
-
Your EMIs haven’t come down, here’s why
Private banks say that their cost of funds is higher since they offer higher interest rates on FDs of the same tenure compared to public sector banks
