Short-duration bonds are set to outperform, say fund managers.The RBI on Wednesday reduced its main rate by an unconventional 35 basis points to 5.4% Source:…
Bank of India offers FD ranging from one year to ten years.Many banks including, SBI, HDFC Bank and PNB have also lowered their interest rates…
Your ITR filing process is incomplete till the time it is verified.There are various options through which you can e-verify your income tax return Source:…
Currently, service providers for electricity, water, telecom, gas and direct-to-home are enabled to use BBPS.RBI decided to reduce the risk weightage for consumer credit (other…
The transmission of policy repo rate cuts to WALRs on fresh rupee loans of banks has improved marginally since the MPC last meeting, RBI said.RBI’s…
RBI has infused liquidity in the banking system, which is currently in surplus Source: money
So far, despite considerable reduction in key policy rates in 2019, loans haven’t gotten cheaper.Mint delves into the details to tell you if better tidings…
RWAs’ GST liability depends on annual turnover, maintenance fee.If RWA members contribute less than ₹7,500 a month each, the said RWA is exempt from paying…
Many banks have been cutting fixed deposit rates.The RBI chief said that the central bank will take measures to maintain liquidity at a comfortable level…
RBI’s Payment System Vision 2021 envisages a framework for collecting data on frauds in the payment systems.Currently, banks report banking frauds to the Central Fraud…