Money

Your money: Loan growth showing signs of moderation

Loan growth for the industry has declined to 12% in 1QFY20 compared to 15% last quarter due to deceleration in retail demand, slowdown in auto loans and two-wheelers has led to slightly moderated growth trends 1QFY20.
money, Loan growth, moderation, Loan, HDFC Bank, BOB, bank of baroda, corporate loans, PSU bank News

​Forgot your ATM ​card​ at home? ​​​Here is how YONO cashpoint​s​ will help you withdraw cash with your Smartphone ​

SBI customers can withdraw cash through the YONO app from SBI ATMs. The ATMs that enable this service are termed as YONO CashPoints.

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Good News for Pensioners! This move by CBT on pension will benefit you in retirement

The move coming out of CBT meeting on Employees' Pension Scheme is expected to benefit nearly 6.3 lakh pensioners.

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4 things to know before you apply for SBI RLLR or MCLR home loan

Effective September 1, SBI RLLR is 7.65 per cent and the spread is between 40 basis points and 110 basis points depending on the loan amount and risk group of the borrower.

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Mutual Funds: Should you choose index funds over large cap funds for better returns?

The performance of index funds in the calendar year 2018 may suggest that they are better than large cap funds. However, is that really the case?

mutual funds, Mutual Fund Investment, index funds vs large cap funds, mutual fund sahi hai, index funds, large cap funds, Nifty50 News

EPFO appoints UTI AMC, SBI Mutual Fund as fund managers

Retirement fund manager EPFO on Wednesday approved appointment of UTI AMC and SBI Mutual Fund as its fund managers for three years, according to a source.

Thereafter, the EPFO gave many extensions to the five fund managers. News

Income Tax Return 2019: How to get your refund amount in case of mismatch in bank account details?

After filing your ITR, if you realise that there was a mistake in entering account details in which refund is scheduled to come, or the details have been changed, log in to your e-filing account to ch

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Sebi wants MFs to invest only in listed securities; exposure to unrated debt to be capped at 5 pc

A key proposal is to reduce the existing overall limit for investment of mutual fund schemes in unrated debt instruments, except those for which specific norms are separately provided, from 25 per cen

SEBI, mutual fund, listed securities, high-risk assets, investments, capital market, money News

Senior Citizen Day: TDS and other tax benefits available exclusively to senior citizens

For income tax purpose, a senior citizen is an individual resident in India who is of the age of sixty years or more at any time during the relevant previous year.

Tax, Tax compliance, industry, revenue, Direct Tax Code, tax GDP ratio, GDP, tax revenue, CSR, financial express, financial express editorial News

7 tips for senior citizens to stay safe and secure in this Digital Age

There is no company waiting to give their fortune to you through a lucky draw. Hence, never click on suspicious-looking or too-good-to-be-true offers.

cyber crime, senior citizen, senior citizens day, trojan, Android devices, fake applications, genuine apps, new virus, technology news

Smart homes for smart seniors!

The most amazing part of all this is that these products are now available at a price that does not require seniors to burn through their retirement fund.

gadgets, senior citizen, senior citizen day, News

Real Estate Trends: Warehousing and logistics leasing on high growth trajectory in India

With the government leaving no stone unturned in initiating policy reforms in the sector and in undertaking various infrastructure measures, India might soon emerge as the most preferred logistics and

real estate, real estate in India, Warehousing and logistics leasing, real estate trends, Mumbai, Bengaluru, Chennai, NCR, Noida News

FD For Senior Citizens: Why fixed deposits are still one of the best options for senior citizens?

FDs offer a fixed interest rate for the investment tenure along with guaranteed maturity return, which makes the capital free of investment risks.

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Comparing health insurance plans? Check these facts before you buy a health cover

With multiple health insurance plans available in the market, it may sometimes become little daunting to choose the right one to buy for oneself.

Comparing health insurance plans, Comparing health insurance, health insurance policy, health insurance, Family Floater plan, premium News

Senior Citizen Day 2019: 4 safe investment options for senior citizens with fixed return up to 9%

Although there are a plethora of investment options for senior citizens, not all could be considered as safe investments.

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Mutual Fund Investment: Want better returns? 5 immunity boosting funds to SIP this monsoon

In the current market downturn, it makes sense to invest in the equity market via mutual funds systematically, thereby enabling the investor to take advantage of the Lows and Highs faced by the market

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TDS on salary income has to be deducted on every month’s salary

Section 54EC provides exemption of tax on amount of capital gain invested in the specified bonds. Thus, only the amount of capital gain, not the sales consideration, is to be invested in specified bon

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Recognise risks and opportunities and be prepared for multiple outcomes

Today, all policy emanating out of the US is intended to insure there is no sell-off in the S&P 500. Once markets sold off this month, Trump pulled back on China tariffs, called bank CEOs, and gave Hu

risk, opportunity, multiple outcome, personal finance, money, bank, market, growth  News

5 things you need to do before you start investing

Before investing or spending a single rupee, make sure you have a stable financial base and then only take the next step of investing.

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Oriental Bank offers home, vehicle loans at new repo-linked rates of 8.35-8.75 per cent

State-owned Oriental Bank of Commerce (OBC) on Tuesday said customers can now avail home and vehicle loans at repo-linked interest rates starting from 8.35 per cent and 8.70 per cent, respectively.

OBC has launched new variant of home loan and vehicle loan products linked to the Reserve Bank of India's repo rate, the bank said in a release. News

PSU banks to introduce home, auto loans on ‘PSB Loans in 59 Minutes’ portal

Currently, the portal gives in-principle approval for loans of up to Rs 1 crore to micro, small and medium enterprises (MSMEs) in just 59 minutes or less than an hour.

Bank of India is now planning to onboard some of the retail products on the portal for easier access to loan products. (Representational image) News

Should you opt for Guaranteed Annual Payouts in a life insurance policy?

After the death of the policyholder, no premium will have to be paid, and as agreed upon while buying the policy, the guaranteed annual payouts will be provided at the specific points in the policy te

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Non-life insurers register 23 per cent rise in July premium at Rs 14,378.45 crore

The seven standalone private sector health insurers witnessed a 44 per cent jump at Rs 1,116.85 crore from Rs 777.01 crore premium collected a year before.

The 34 non-life insurance firms had collected a premium income of Rs 11,715.05 crore in the corresponding month a year ago. News

5 things to keep in mind before choosing a co-working space

Though co-working spaces are economically viable for firms, a number of parameters need to be factored in before zeroing in on the right shared workplace.

co-working space, real estate, real estate in India, right location, quality of services, legal terms, things to keep in mind before choosing a co-working space News
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