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Cash-out penalties may lead to closure of ATMs: CATMI
At present, about 42% of rural ATMs are loaded once a week, while 20% are loaded twice every week. The rest are loaded with cash on alternate days
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Bank NPAs expected to rise to 8-9% in the current fiscal
Stressed assets in these two segments are seen increasing to 4-5% and 17-18%, respectively, by the end of this fiscal
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SBI jobs alert: Apply now for specialist officer post
Interested candidates can apply now on the official website of State Bank of India
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Here’s how Covid-19 has altered the lending pattern
For borrowers who were in need of cash, possibly to meet a medical expense, they had to use whatever means they had available.
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One-year FD: These banks are offering up to 6.25% interest
Small finance banks comparatively offer higher interest on FDs than major banks to attract more customers.
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HDFC Bank Q2 net profit up 17.6%
During the same quarter in the previous year, the bank had earned a net profit of Rs 7,513.10 crore on a standalone basis.
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Loan from a digital lender: Points you need to keep in mind
Numerous platforms can help you assess maximum amount of loan that an individual can take depending on your income, credit score and EMI plans.
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Two-year FDs: These banks are offering up to 6% rates
Fixed deposits: Interest earned on a bank FD is fully taxable. It has to be reported as ‘income from other sources’ while filing I-T return.
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Here's how you can ensure bank charges are kept to a minimum
If a bank refuses to reverse an unfair charge, you can take your complaint to the banking ombudsman.
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Punjab National Bank slashes rates on gold loans and bonds
PNB is also offering a complete waiver of service charges and processing fee on loans against gold jewellery and SGB
