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DEPOSIT INSURANCE PROGRAMME
Stocks in news: ITC, LIC, Sun Pharma, Maruti Suzuki, Fino Payments BankBenchmark indices experienced a negative close on Thursday, marked by volatile trade and profit booking. Analysts anticipate the Nifty to c...
Mature hands for money: India’s next economic reform lies in building financially aware householdsIndia has achieved significant financial inclusion, opening millions of bank accounts and expanding digital payments. However, a new study ...
Stock, mutual fund investing from Tier-2, 3 cities grows fast, but limited awareness, advisory gaps remain key concernsEven as individuals from Tier-2/3 cities and beyond are rapidly embracing the world of stocks and mutual funds, gaps in advisory and awaren...
YC partner on AI's funding gap, Indian startups; TCS CEO talks IT's resilienceHappy Monday! Y Combinator’s Ankit Gupta told ET in an exclusive chat that AI money is crowding at the top while early founders scramble fo...
Bandhan Bank introduces new savings product 'avni' exclusively for womenBandhan Bank has introduced 'avni', a savings product specifically for women, aiming to increase current and savings account deposits. Targ...
Will this bank continue to offer 9.2% interest on fixed deposit post-merger? Know what changes for FD investorsInterest rates on small finance bank FDs had gone up and small finance banks (SFBs) were offering 9% to 9.5%. Earlier, Fincare Small Financ...
PM Modi to address bank deposit insurance programmeWith deposit insurance coverage of Rs 5 lakh per depositor per bank, the number of fully protected accounts at end of previous financial ye...
Policybazaar's insurance agents 'win-a-home' during work-from-homeThe company introduced the 'Jeeto Apna Ghar' (Win your home) incentive programme in April last year. The top 25% performers of FY2019-20 we...
YES BANK launches YES MSME initiative to enable access to fundingThe proposition focuses on supporting MSMEs in expanding their business, sustaining momentum, and accelerating growth.
View: It's time to revise the limit of deposit insurance coverThe coverage limit is required to be reviewed periodically, as the economic and financial landscape changes.
Government sells Rs 1,150 crore worth enemy shares in WiproThe proceeds would add to the government's disinvestment kitty.
Deposits in Jan Dhan accounts set to cross Rs 90,000 croreThe govt has also shifted the focus on accounts from 'every household' to 'every unbanked adult'.
Flipkart forays into insurance space, teams up with Bajaj AllianzThe insurance offering will be available from October 10, the start of Flipkart's The Big Billion Days (TBBD).
If I were FM! Lower corporate tax; offer tax sops on bank FDUse Budget speech as a strong platform to dispel any fears over safety of deposits under FRDI.
Banks opened 13.2 crore new accounts under Jan Dhan Yojana: President Pranab MukherjeeThe PMJDY was launched by PM Modi in August last year. The banks were asked to open at least one account of an adult member in every househ...
Jan Dhan scheme: Finance Ministry to meet top bankers on the progress of programmeThe main features of the PMJDY scheme include Rs 5,000 overdraft facility for Aadhar-linked accounts, RuPay Debit Card with inbuilt Rs 1 la...
Andhra Pradesh CM Chandrababu Naidu to launch 'Jandhan Yojana' on August 28During the launch here, one central minister will accompany Naidu and two others will attend the programme at Vijayawada and Tirupathi on t...
General Insurers can double their exposure to liquid mutual funds: IRDAIndia's insurance regulator has decided to double the investment limit in liquid mutual funds for general insurers.
- Germany rebuffs bank union plan to reshape the euro; says too little emphasis on controlling budgets
European proposals to reshape the crisis-struck euro area ran into criticism from Germany for putting too much emphasis on debt-sharing.
- Shoot the wounded to restore banks’ confidence
Waning Confidence May Lead To Type Of Destruction That Was A Cause Of Great Depression.