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SAVING MR BANKS
US-based son gets tax notice in India over Rs 11 lakh cash deposit made on behalf of parents during demonetisation; ITAT Delhi cancels notice for this reasonA US-based son, Mr. Bussi, successfully challenged an Indian income tax notice after depositing Rs 11 lakh cash into his parents' account d...
Lifetime free travel credit card offer for Eterna extended by BOBCARD till June 30, 2026; Here’s what it offersBOBCARD has extended its lifetime free offer on the ETERNA travel credit card until June 30, 2026, for new customers. This premium card pro...
Who was Ronan Vibert? 'Saving Mr. Banks' passed away after brief illnessBritish actor Ronan Vibert who had a long career in movies and TV and worked with some of the best directors and actors, died last night at...
Your deposits with Yes Bank could be insured for more than Rs 5 lakh: Here's whyHow much of an investor's deposits with the bank are insured depends on how the deposits are held i.e. single deposit vs multiple deposits ...
Budget 2013: India post finds CBS proposal as a great developmental stepNot only postal department big shots, but even small postal service agents are also happy with the announcement of Finance Minister.
- Franklin Templeton ties up with Syndicate Bank
Franklin Templeton and Syndicate Bank announced that they have entered into an alliance to offer the entire bouquet of Franklin Templeton M...
- SBI's OP Bhatt against freeing up of savings rate
The State Bank of India's outgoing chairman Om Prakash Bhatt joined former RBI governor YV Reddy, credited with saving the Indian financial...
- Lending rates will be stable for 5-6 months: Bhatt
The State Bank of India (SBI) said banks’ lending rates are expected to remain stable in the next 5-6 months because of the slow credit off...
- Banks to lower interest rates
Uco Bank said it will consider slashing deposit rates by up to a 100 basis points (bps) soon, even as public sector banks are lobbying hard...
- Conservative approach has saved Indian banks: Kamath
Lauding the govt and the RBI for saving the day for India with conservative banking norms, ICICI Bank chairman KV Kamath said any further r...
- Banks raid savings a/cs to settle card dues
Several banks have agreements with customers giving them the right to tap into their savings a/cs with them to set off overdue credit card ...
- Rate cheer for postal savings
The Centre is considering a hike in interest rates offered by these schemes to bring them on par with fixed deposit rates of commercial ban...
- SBI seeks SC direction on Janata Deposit Scheme
The State Bank of India (SBI) on Monday sought the Supreme Court’s direction for vacation of the stay on its decision to discontinue with t...
- No rate hike on small savings schemes: Govt
The government indicated on Monday that there would not be any increase in interest rates of small savings schemes. Meanwhile, it may allow...
- FD hike may eat into small savings pie
With deposit rates touching 8%, banks are expecting an exodus from the small saving schemes to the good old fixed deposits (FDs).
- Deposit growth’s on track: SBI chief
SBI acting chairman TS Bhattacharya says that deposit growth would continue despite the fact that most banks have till date seen rate of gr...
- Senior citizens move SC
More than 10 million people aged 60 years and above, who bear the brunt of falling interest rates on fixed income instruments, are now look...