PSU bank shares are showing some signs of life, as many analysts believe that the worst for the sector maybe behind. Shares of several PSU and private sector corporate lenders have gathered steam. ICICI Bank shares have jumped to almost Rs
The Reserve Bank of India Services Board has released a recruitment notification for the posts of Specialists in Grade 'B' in Common Seniority Group (CSG) streams. The notification was released for a total of 60 vacancies. The selected candidates will draw
There’s no doubt that a savings account is a healthy financial decision. Banks offer savings accounts with additional facilities that benefit you in a number of ways, including helping you save more. Here are a few things you can do with your savings account.
The National Payments Corporation of India (NPCI) will launch an updated version of its instant real-time payment system UPI (Unified Payments Interface) at an event in Mumbai on Thursday. Also commonly known as the UPI 2.0, it will be launched by
Each one of us aspires to smartly manage our finances. But, quite often we end up making some extremely common financial mistakes, which can be easily avoided.Sometimes it is lack of knowledge which leads to such gaffes, and often times it is pure carelessness.In any case, we have listed down 6 such
Cyber attacks today are multi-pronged and can start with a malware being downloaded into a system or via a web application being hacked.
If you're an SBI ATM card holder, chances are that your ATM card might stop functioning December 31 onwards, if you don't take the requisite action. In a notification, SBI has said that all "Magstripe Debit Cards" will cease to work by the end of this year and that customers are required
Credit score which is often a neglected concept during financial planning comes into play when you are in need of funds and the institution that you approach weighs the factor substantially while processing your loan application. For the laymen, it is
Other than the usual recurring, fixed deposit or tax-saving fixed deposit schemes, the leading state-run lender offers a gamut of other lucrative schemes to choose from depending on one's financial goals. And of them one such scheme is SBI's Annuity fixed
A Fixed Deposit (FD) is a secure investment that also has the capability to generate high returns. Such an FD is called a high-interest fixed deposit. Investing in such an FD could help your money grow at a quicker rate than a savings account and yet give you the same security feature.
At a time when reports have come up regarding whopping sum to the tune of Rs. 5000 crore being collected by banks across the country for non-maintenance of average minimum balance in your savings account, other than the basic savings bank
An intelligent investor diversifies investments to not only gain maximum returns but to curb risks. Different types of assets fetch different returns and you as an investor needs to decide where to park your money based on your risk appetite and
Having a savings plan is always a smart decision. According to Deloitte India and the Retailers Association of India, millennials currently comprise the largest demographic group in India. Millennials are investing in savings plans as 57% of them choose fixed deposits as a preferred instrument, according
It is indeed with a lot of effort that a person earns money. For most people, a major chunk of the money they earn goes into meeting their needs and wants. They either save the remaining portion for rough times or
The Financial Resolution and Deposit Insurance (FRDI) Bill has been withdrawn from the Lok Sabha and this has come as a delight to account holders and depositors in bank. Here's provided the reason for it in detail: First a brief
It's a reasonably good time for folks looking at higher interest rates on FDs, as compared to the last few years, when interest rates were agonizingly low. Investment options are limited at the moment, given that shares are at peak levels,
To beat rate of inflation and earn positive real returns from your investments, it is suggested to take some exposure in market-related instruments such as mutual funds etc. Nonetheless, if you are a conservative investor who cannot afford capital erosion by
Online banking in India has had an enormous boost post the demonetization period, and there has been no looking back for it ever since. If you’re too busy or tired receiving and sending paper checks, continuously making trips to the bank to make a deposit or withdraw cash, working strictly around the
What are the odds of you getting a half day or a leave from office just to visit the bank for updating the KYC details of your parents? Online banking has made using bank accounts simple. For instance, when you open a bank account online, all you have to do is upload all the required documents through
The very essence of human life is that a person cannot live alone. In order to live a wholesome life, humans need the support and cooperation of a number of people. The same holds true for their professional life as well.
As per the leading business daily report, the government will engage in discussion with the RBI to reduce and relax capital requirements currently stipulated for banks so as to align them to less-strict Basel III norms. The proposal comes after
Banks can offer you an overdraft facility to withdraw more than the balance in your account. Keep reading to know all about this overdraft facility and how you can use it. What is an overdraft facility?