Yes Bank withdrawal limited to ₹50,000, RBI says don’t panic
The RBI in consultation with central government has superseded the Board of Directors of Yes Bank Ltd for a
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Bank of Baroda cuts MCLR rates, EMIs to get cheaper
The rate reduction comes even as the RBI had kept the repo rate unchanged at 5.15% SBI announced reduction in
Continue readingSBI new FD rates from today. Check out the latest rates here
SBI new FD rates are applicable from today, 10 February SBI has slashed fixed deposits rates by 25-50 bps in
Continue readingBank fixed deposit (FD) rates of 9%, 9.5% (senior citizens). Check rates here
Bank fixed deposit (FD) is considered one of the safest investment method All banks offer higher interest rate to senior
Continue readingPAN card mandatory
Is PAN card mandatory for transaction? Not just for filing of income tax return(ITR), PAN card is mandatory for carrying
Continue readingSenior Citizens Savings Scheme
Income tax benefits on Senior Citizens Savings Scheme Senior Citizens Savings Scheme currently offers an interest rate of 8.6% Senior
Continue readingIn income tax rule change, govt considers tweaking dividend distribution tax
Investors, who are also taxed on their dividend earnings, have protested multiple levies Over recent months, authorities have slashed corporate
Continue readingRBI pull-out certain exemptions from housing finance companies
RBI can now inspect any HFC to verify the correctness or completeness of any statement, furnished to the central bank
Continue readingNo charges on NEFT money transfer from January
To promote digital transactions, the RBI has asked banks not to charge savings bank account customers for online transactions in
Continue readingWithdrawal limit for PMC Bank increases to ₹50,000
RBI allows the depositors to withdraw from the bank’s own ATMs within the prescribed limit of ₹50,000. The central bank
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