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RBI Exposes Banks' 'Unfair Practices': Lenders levy interest on loans from date of sanction, not disbursement

RBI exposes banks’ ‘unfair practices’, says some lenders levy interest on loans from date of sanction, not disbursement

The apex bank has warned regulated entities (REs) against charging of interest from the date of loan sanction and not…

April 30, 2024 16:12 IST

5 Money Changes in May 2024: New savings account charges, credit card rules and special FD deadlines – All you need to know

ICICI Bank and YES Bank will revise their charges for savings accounts from May 1. YES Bank and IDFC First…

Updated: April 30, 2024 15:56 IST

Tight budgets no barrier! India Inc investing in THESE employee benefits

Amidst tight budgets, companies have aimed to continue investing in employee health and wellbeing even as insurance plans and beneﬁts…

Updated: April 28, 2024 23:19 IST

India will have direct flight services from Cambodia from June 16 (Photo: Freepik)

Flight Ticket Prices: This new DGCA guideline to ease burden on your pocket – Details inside

The civil aviation watchdog has observed that passengers are sometimes required to pay for services that they do not need.…

Updated: April 27, 2024 18:09 IST

8th Pay Commission could be reality soon! Here’s what govt employees need to know

The Indian Railways Technical Supervisors’ Association (IRTSA) has written a letter to the Ministry of Personnel, Public Grievances, and Pensions…

Updated: April 27, 2024 12:02 IST

ICICI Bank savings account charges: 10 major changes in fee structure from next month - Check details

ICICI Bank Savings Account Charges: 10 major changes in tariffs from next month – Check details

Among these are charges pertaining to ATM usage, debit card, cheque book, IMPS, stop payment, signature attestation and more.

April 26, 2024 11:22 IST

EPF Interest for FY24: When will employees’ provident fund interest be credited? Here’s what EPFO has to say

The retirement fund body raised the interest rate by 10 basis points (bps) to 8.25% for the last fiscal year,…

Updated: April 25, 2024 18:14 IST

kotak mahindra bank, kotak mahindra bank credit cards, kotak mahindra bank loan, rbi curbs on kotak bank, kotak bank credit cards

RBI’s big action against Kotak Mahindra Bank! Lender stopped from issuing fresh credit cards, onboarding new customers digitally

Serious deficiencies and non-compliances were observed in the areas of IT inventory management, patch and change management, user access management,…

Updated: April 24, 2024 21:26 IST

PM Awas Yojana 2024: Big update! Now these categories of people will also be covered under Centre’s flagship scheme! Details here

Pradhan Mantri Awas Yojana (PMAY) was launched in 2015 to provide housing to all citizens in the country. Beneficiaries received…

April 24, 2024 14:58 IST

SBI Card MILES: SBI Card’s maiden travel-focused credit card with mega benefits – airport lounge access, air miles, hotel points and more

These cards are aimed at bringing holistic travel benefits to travellers of all kinds – travel aspirers to frequent fliers…

Updated: April 24, 2024 12:39 IST

This major bank overhauls certain tariffs for salary, savings accounts – All you need to know

Axis Bank, India’s 4th largest bank, offers different types of salary accounts to individuals who work for various companies in…

April 23, 2024 16:36 IST

Savings Account Charges: These 2 large banks to revise savings account fees from May 1 – Details

Service charges are set to be revised for a range of savings account services, including cheque books, IMPS, ECS/NACH Debit…

April 23, 2024 10:39 IST

Up to 9.10% Interest Rate on Recurring Deposits, 8.65% on Fixed Deposits: This NBFC hikes rates on digital-only RDs, FDs

Updated: April 22, 2024 18:03 IST

Top 5 credit cards for airport lounge access in India – Know key features, benefits and annual fees

Industry experts said the average cost for banks per customer lounge visit at airports used to be Rs 600 in…

April 22, 2024 13:57 IST

Mutual funds to fixed deposits, where to invest for 5-year financial goals?

The key challenge with medium-term goals is balancing risk and return. While investors seek growth opportunities to enhance their wealth,…

April 22, 2024 09:30 IST

Good news for first-time job seekers! EPFO Feb payroll numbers show more jobs for youth in this age group

The EPFO saw a 3.7% fall in new monthly subscribers’ addition in February to EPF at 7.77 lakh from 8.07…

April 21, 2024 07:52 IST

In the medium to long term, the bank will focus on improving its profitability metrics defined by return on assets (RoA) and earnings per share.

HDFC Bank’s Health Cover Fixed Deposit: Many benefits! FD rates up to 7.75%, Rs 1000 per day hospital cash cover – Details here

Among the many benefits that the HDFC Bank HealthCover FD offers, the scheme gives instant access to an overdraft of…

Updated: April 20, 2024 15:04 IST

Fixed Deposits: 24 banks offering highest interest rates on 6 month-1 year FDs

Short-term fixed deposits often come with competitive interest rates, especially when compared to standard savings accounts or shorter tenor investment…

April 20, 2024 12:15 IST

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From fringe to mainstream

Technology2 hr ago

India is making significant progress in its AI journey, with strong digital infrastructure and a growing market. The government’s investment in AI development reflects their determination to become a leader in this field. Collaboration between technology providers, enterprises, and the public sector is crucial for unleashing the full potential of AI.

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