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Finance

Rupee

FRDI Bill proposal: Soon you may need to pay for keeping your bank deposits safe

As of now, banks have to pay a premium of about 10 paise per Rs 100 insured. Any increase in this level would raise the amount of premium that banks will have to pay. Jan 3, 2018
e-commerce , credit card, online shopping

Iran and Russia holding final talks to integrate banking systems, in bid to dodge US financial sanctions

The two nations are set to improve their financial relationship with integrated banking systems. Read to know more. Jan 2, 2018
Rajnish Kumar

Considerable number of stressed accounts to be resolved in 2018, says SBI chief

"If promoters are willing to settle and there are good quality assets, then there is no need for banks to take any haircuts," said Rajnish Kumar. Dec 29, 2017
npa ordinance, more powers to rbi, fm arun jaitley, govt passes ordinance on npas, india's stressed assets

At Rs 9.5 lakh crore, bad loans post India at fifth among nations with high NPA problem

India's non-performing assets (NPAs) are one of the highest in the group of 'high-NPA' nations. Only four European nations have higher stressed assets. Dec 28, 2017
bitcoin

Bitcoin continues to fall: Should we fear Morgan Stanley's $0 warning, or is this a 'welcome dip'?

If nobody wants to buy bitcoin, the cryptocurrency will soon become worthless, an analyst said. Dec 26, 2017
Bitcoin

Bitcoin surpasses $12,000: RBI issues warning, says issued no licence to operate virtual currencies

The RBI further stated that "no regulatory approvals, registration or authorisation is stated to have been obtained by the entities concerned for carrying on such activities." Dec 6, 2017
Home Loan

Home Loan Tips: Top 5 tips to get the lowest home loan interest rate

These tips can help you get lowest home loan rate of interest. The more stable your credit history, the higher your chances are of getting a home loan interest rate that is affordable. Nov 23, 2017
Rafale fighter jet deal

No overpricing: 'Modi govt negotiated Rafale deal better, saved Rs 12,600 crore'

Sources said if aircraft procurement is compared in flyaway condition, NDA govt succeeded in bagging a better deal than the previous government. Nov 23, 2017
7th pay commission allowances demonetisation january 2017 central government employees salary hike raise pensioners

Will EPFO accept plan for higher pension to all employees? Decision likely today

The Employees' Provident Fund Organisation had said it would give pension on full salary to the members of Employees' Pension Scheme, but later changed its decision inviting the ire of many people. Nov 23, 2017
Wedding

Getting Married Soon? Should You Go For A Personal Loan?

If you are getting married soon and don't know how to deal with the heavy expenses, then personal loan can come handy. Just keep in mind a few crucial things before you choose a personal loan. Nov 22, 2017
Retirement

Anxious about retirement and managing finances? Here's how to retire rich

With planning and discipline, you can create a multi-crore corpus for your retirement. Nov 22, 2017
cpse etf, disinvestment, pm modi, modi govt, cpse etf ffo, strategic stake sale, indian economy

Modi government likely to cross divestment target, first time in 7 years

This year's divestment target is moderately higher than past few years and accounted for 0.4 percent of the GDP. Nov 21, 2017
RBI

RBI sets March deadline for banks to provision against second list of bad loans

According to rules, banks need to do 50 percent provisioning against secured loans it has provided and 100 percent when it comes to unsecured exposures. Nov 21, 2017
Airtel Payments Bank

Payments banks struggle to add more depositors after almost 1 year of operation

For payment banks, the central bank has capped the demand deposits at Rs 1 lakh in each account. Payment banks are not allowed to offer fixed deposits and provide loans to its customers. Nov 20, 2017
5g telecom service germany berlin launch wmc barcelona spain 4g india 3g 2g 1g g vodafone

5G Network to generate Rs 1.7 lakh crore revenue for Indian Telcos by 2026: Report

Ericsson on Friday showcased the first live 5G end-to-end demonstration in India using its 5G test bed and 5G NR Radio. Nov 17, 2017
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