Punjab National Bank, Bank of Baroda, Bank of India and Canara Bank already charge their customers a levy for failing to maintain a minimum balance for a quarter or a month.
Deficits could come under more pressure in coming years as states implement their own Pay Commissions.
SBI might present the first result for the combined entity at the end of the first quarter of 2017-18
Rather, the existing ones should be implemented speedily to clean up the mess.
In January 2017, the growth in total premium was Rs 13,138 crore, against Rs 10,284 crore in January 2016, a growth of 28 per cent.
Staying healthy is good news for the insurance company as well since it implies lower claims. Insurance companies offer discounts anywhere between 8 And 30 per cent discount on premium.
The Essar group, Jindal Steel and Power, Monnet Ispat, Bhushan Steel and the Avantha group have been asked to close deals by March-end.
Trustees and protectors can help ring-fence your trust deed and ensure it is executed exactly the way you want, for the benefit of your children, after you are no more.
This will bring down capital gains especially in case of property transactions.
Collection dived to 75-80% in November-December from 99% after demonetisation.
Axis Bank's loan portfolio quality deteriorated, with gross NPAs rising to 5.22% of gross advances.
Talking about home loan rates, there is good news for borrowers.
Banks lend 60,000 cr in 8 weeks since Nov 8; Y-o-Y credit expansion slows further.
Going by the pace, almost 80 per cent of the demonetised currency is expected to be replaced by end-February.
Salaried employees get several benefits under Sections 80C, 80D, 80G and others.
The upgrade, said Icra, takes into account the "robust internal accrual generation, leading to low reliance on debt, as well as gearing levels, and strong debt protection metrics".
Now STPs or variable SIPs can earn better returns than vanilla SIPs.
A teaser loan is one where the lender offers a slightly lower rate in the initial years and then charges higher rates in later years.
Demonetisation impact: Money lenders make a comeback.
A dummy's guide to get the best price for your car.
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