Depositing your money in the bank was always considered a brilliant way to save cash. But, in a recent turn of announcements from some private banks, it seems that free withdrawal days are over and things are about to change. With effect from 1st March 2017, HDFC bank, ICICI bank and Axis Bank have started levying a minimum charge of...
RBI recently announced its decision to lift cash withdrawal limits from all accounts, except savings account. It is said that this decision is a result of its dispute with the Election Commission (EC), wherein the EC was asking RBI to raise the limit for candidates in poll-bound states to Rs. 2 lakh a week.
On Sunday, EC had objected against...
The Central Bureau of Investigation Tuesday charge sheeted Kingfisher owner Vijay Mallya and 8 others in relation with the default of loan granted by IDBI bank to Kingfisher Airlines.
On Monday, CBI arrested former chairman of IDBI Bank Yogesh Aggarwal along with four other former officials in the connection with this case. IDBI bank had granted more than Rs 900...
With computerised exchanges picking up footing, the administration is reflecting on setting up of a different controller for empowering electronic instalment framework in the nation and additionally manage exchange charges. While the Ratan Watal board of trustees on advanced instalments recommended that the administration makes direction of instalments autonomous from the capacity of focal saving money, sources said that...
ATM’s have become an integral part of our life and have saved many people from emergencies. And with demonetisation's effect in the country, ATM is probably the most visited place in a day.
The INS Vikramaditya was bought by the Indian Government on 20th January,2004, after many years of negotiations for a price of $2.35 billion. It is an aircraft-carrying...
With criticisms on demonetization and the quality of the new 2000 and 500 rupees notes on a rise, residents of Anekal town at the outskirts of Bengaluru received 2000 rupees notes without Mahatma Gandhi's image from the bank. Some notes were completely blank on one side and the residents were furious at the discovery. When a resident discovered this...
Paytm stands for “pay through mobile”. The website was launched in 2010. It is a consumer brand of india’s leading mobile internet company ‘One97 Communications’. The basic purpose initially is mobile recharge and other utility bill payments. In addition, it offers products also like Flipkart, Snapdeal. The headquarters of Paytm are in Noida, Uttar Pradesh. One97 communications investors include...
India made another move on black money by signing a pact with Switzerland on Tuesday to get access to information on Indian accounts held in Swiss Banks. will reveal it's financial information with India.
The declaration has put an end to the era of Swiss Bank secrecy. It is in sync with the domestic move on black money by the...
Indian financial institutions, and Public Sector Banks in particular, have been plagued by a series of bad loans. There has been a 16 percent rise in the number of wilful defaulters over a period of one year; amounting to a total of 8,167 such defaulters by the end of March 2016. PTI reports Public Sector Banks alone are owed...
