Dollar/rupee one-day swap rate surges on quarter-end flows; spot flatThe dollar/rupee swap rate increased on Tuesday. This rise was linked to quarter-end flows. The spot rate stayed stable. It remained near i...
30 Sep, 2025, 12.09 PM IST
RBI to settle $5 billion dollar-rupee swap without rollover, say bankersThe Reserve Bank of India is set to deliver a $5 billion dollar-rupee swap upon its maturity on Monday, a move that will involve selling do...
04 Aug, 2025, 01.00 PM IST
Mahila Samman Savings Certificate: Does this new post office scheme offer tax saving benefits?The Mahila Samman Savings Certificate can be applied by women for personal investments or by guardians for minor girls. It is a one-time sc...
17 Jan, 2024, 02.28 PM IST
How to open Mahila Samman Savings Certificate at post officeMahila Samman Savings Certificate, 2023 scheme was announced in the Union Budget FY 2023-24 by the Central Government to provide financial ...
19 Jul, 2023, 01.05 PM IST
National Savings Certificate: What will be interest on NSC purchased on or after 1st day of January, 2023The interest rate is revised every quarter by the government of India. The lock in period of the National Savings Certificate is five years...
31 Jan, 2023, 11.14 AM IST
What is current interest rate on Sukanya Samriddhi Yojana account?Sukanya Samriddhi Yojana account holders anticipate an increase in the SSY interest rate in due to recent repo rate increases by the Reserv...
22 Dec, 2022, 01.40 PM IST
Rich investors see in Bharat Bond ETF a way to beat FDsOver the past month itself, the 10-year benchmark has moved up 37 basis points to 7.15%, while banks offer 5.5-5.6% on a 10-year fixed depo...
20 Apr, 2022, 07.49 AM IST
Bill cleared to allow bank depositors to get up to Rs 5 lakh refund within 90 days under DICGC insuranceDuring a debate regarding the DICGC bill in the Rajya Sabha, it was clarified by the finance minister that PMC Bank depositors will also ge...
09 Aug, 2021, 01.33 PM IST
Bank depositors to get up to Rs 5 lakh refund within 90 days under DICGC insuranceThis move is expected to cover around 98.3% of total number of accounts and 50.9% of the value of total deposits held with the banks
29 Jul, 2021, 12.34 PM IST
Deposit insurance hike: RBI says not to hit banks balance-sheetsFollowing the failure of a number of cooperative banks, with the city-based PMC Bank being the latest and the largest last year, the budget...
07 Feb, 2020, 12.01 AM IST
Panel on LIC IPO soon, stake sale not over 10%The listing of LIC is an important move as it would bring transparency by the entity, Kumar said.
03 Feb, 2020, 08.04 AM IST
All 1.55 lakh post offices to offer payments bank serviceThe new model of banking allows mobile firms, supermarket chains and others to cater to banking requirements of individuals and small busin...
13 Sep, 2017, 10.33 PM IST
Set up commission to probe source of political parties' funds: Arvind KejriwalKejriwal also questioned the central government's decision to exempt political parties from paying income tax while depositing old 500 and ...
17 Dec, 2016, 02.32 PM IST
Differential premium for banks for insuring deposit: RBI panelThe report suggested introduction of differential premium system for banks under which lenders with higher risk have to pay bigger premium
30 Sep, 2015, 09.43 PM IST
E-finance firms go Flipkart, Snapdeal way, hope to make getting loans a breezy affairE-finance firms are trying to do a Flipkart and Snapdeal, helping the consumer choose the best deals and bringing transactions to a quick c...
18 Jun, 2015, 02.35 AM IST
- Banks tap two-month funds at 10%
Some banks like ING Vysya Bank have paid over 10% to raise a slightly higher amount for a little more than three months.
21 Feb, 2011, 01.39 PM IST
- BSNL launches per second billing for postpaid customers
BSNL today launched per second billing, including for international calls, for its postpaid customers.
04 Dec, 2009, 08.05 PM IST