Finance

Demonetisation effect: Banks to take a Rs1,000 crore hit on fee income after transaction fee waiver on debit cards

Banks are likely to lose around Rs 1,000 crore due to fees waiver on card transactions till December end of this year.

Dec 9, 2016

Associate banks of SBI to unveil voluntary retirement schemes soon

To expedite the process of merger with SBI, the associate banks of the country's largest lender are likely to come out with VRS in the near future.

Dec 9, 2016

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RBI issued currency notes worth Rs 4.27 lakh crore following demonetisation

The central bank also said that defunct notes worth Rs 11.85 lakh crore have been returned to the banking system.

Dec 9, 2016

Demonetisation impact on MFIs: Situation 'much better' compared to last week, says Ujjivan

After feeling the initial pinch of demonetisation, microfinance institutions are slowly witnessing improvements in loan collections and disbursements.

Dec 5, 2016

Paytm to merge its wallet business with proposed payments bank

The digital payment services provider will have to comply with RBI guidelines before starting payments bank operations.

Dec 5, 2016

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Union minister debunks economists' forecasts; says GDP to touch 10%

Most economists are of the view that the Indian economy will see a slowdown in demand, leading to low growth figures.

Dec 5, 2016

Life Insurance Corporation LIC premium insurance bima diamond plan money back

LIC sells its costliest policy of Rs 50 crore to Mumbai businessman

The annuity plan 'Jeevan Akshay' bought by this businessman has seen a lot of interest from buyers owing to demonetisation.

Dec 3, 2016

Demonetisation: Your old Rs 500 and Rs 1,000 notes could be worth a fortune

To a numismatist, the older and rarer a coin or a note, and the better condition it is in, the more valuable it is.

Dec 2, 2016

New iPhone '5' May Support NFC Chip; Is Apple Ready To Release The iWallet?

Fintech startups on radar as digital economy takes shape

Startups working on financial transaction space are likely to get more attention from private equity players in coming days.

Dec 1, 2016

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Short-term debt funds better placed post CRR move: Fund managers

After RBI's new CRR norm, fund houses have witnessed huge outflows from debt funds, especially from liquid funds, in the recent past.

Dec 1, 2016

Aditya Puri slams analysts, economists for predicting GDP will fall after note ban

Admitting that there is bound to be a "temporary aberration", Puri said the move was necessary to root out counterfeit notes from the country.

Nov 30, 2016

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This is what happens to your old Rs 500, Rs 1,000 demonetised notes

Read on to know where does the demonetised currency go and what happens to it.

Nov 30, 2016

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RBI puts cap on withdrawals from Jan Dhan accounts

In a bid to protect rural people from being used for any money laundering activity, the central bank has put a withdrawal limit of Rs 10,000 per month.

Nov 30, 2016

Vegans angry as Bank of England confirms animal fat in £5 note; could it hurt religious sentiments too?

The new £5 note was released in September this year and has received a generally positive response because of its features.

Nov 29, 2016

BATTLE FOR MOSUL: Could ISIS 'information bank' reveal which countries funded it?

Iraqi authorities have managed to seize the archives of the terrorist group, which contains a lot of paper and computerised documents.

Nov 27, 2016

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Finance

Demonetisation effect: Banks to take a Rs1,000 crore hit on fee income after transaction fee waiver on debit cards

Associate banks of SBI to unveil voluntary retirement schemes soon

RBI issued currency notes worth Rs 4.27 lakh crore following demonetisation

Demonetisation impact on MFIs: Situation 'much better' compared to last week, says Ujjivan

Paytm to merge its wallet business with proposed payments bank

Union minister debunks economists' forecasts; says GDP to touch 10%

LIC sells its costliest policy of Rs 50 crore to Mumbai businessman

Demonetisation: Your old Rs 500 and Rs 1,000 notes could be worth a fortune

Fintech startups on radar as digital economy takes shape

Short-term debt funds better placed post CRR move: Fund managers

Aditya Puri slams analysts, economists for predicting GDP will fall after note ban

This is what happens to your old Rs 500, Rs 1,000 demonetised notes

RBI puts cap on withdrawals from Jan Dhan accounts

Vegans angry as Bank of England confirms animal fat in £5 note; could it hurt religious sentiments too?

BATTLE FOR MOSUL: Could ISIS 'information bank' reveal which countries funded it?

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]