These banks need to build a significant deposit base to start full-fledged banking.
As the 'Deadly Dutt' turns senior citizen, Sukanya Verma looks back at 10 of his most underrated performances.
Secured credit cards offer benefits similar to regular credit cards and hence an applicant should try and get a card with lower fees and more features, suggests Sarbajeet K Sen.
Gold loans are a quick, easy and low-cost way to meet your immediate and emergency financing needs, but do ensure that you entrust your gold in safe hands after thorough due diligence, suggests Gaurav Gupta, founder and CEO, MyLoanCare.in.
'While high-level interventions may help smoothen inter-State relationships, they cannot fundamentally change the alchemy of such relationships, which are firmly rooted in mutual benefits and mutual interests,' points out Ambassador M K Bhadrakumar.
Delivering a public speech hours after the RBI launched a rescue act for Yes Bank on March 6, Governor Shaktikanta Das reiterated the RBI's affirmation to do whatever was needed to combat the coronavirus impact. On that day, India had only one confirmed COVID-19 infection, the World Health Organisation was five days off from declaring it as a pandemic and the financially debilitating lockdowns were not even on the horizon. Das' promise on efforts to mitigate COVID-19 impact appeared as a footnote in news reports from the event.
A collapse in global oil prices has unleashed a wave of monetary easing.
The question on who should borrow from the market and whether the borrowing will be under two buckets should be decided by the GST Council, and not by the Centre. If there is no consensus, there has to be a vote, says A K Bhattacharya.
Because of a new notification, any retirement planning done by non-resident Indians through PPF will go for a toss, experts tell Sanjay Kumar Singh.
State Bank of India has revised lending rates based on marginal cost of funds, a new methodology that will take effect from April 1.
'If it is airborne -- and we don't know till what distance it can be airborne -- then the mask becomes a definite.' 'Just social distance is not enough.' 'You need a mask in addition to social distance.'
GDP growth in November is the second-highest since January 2012 when it had expanded 5.7%.
Next time you get your credit card bill, look at the amount due carefully and repay the entire amount.
'The killings are a worrisome escalation of tensions, but little is known about the immediate causes or results of the fight in Galwan and it is not possible, at this point, to assign blame'
Applying balm on the wounds of the two religious groups is a better course of action for the rulers. Common sense dictates the verdict be accepted in good grace by all sides, suggests Virendra Kapoor.
'There is a compulsion to look hard, decisive, and risk-taking; start something; and then conclude it in a way you can claim victory.' 'That is not such an easy option against China,' notes Shekhar Gupta.
The Modi government caved in under American pressure without even token resistance. Two countries similarly placed as India with high dependence on Iranian oil -- China and Turkey -- have shown the grit to stand up to Washington, says Ambassador M K Bhadrakumar.
Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.
India decided last week not to ratify WTO's Trade Facilitation Agreement.
Lending rates have to be sensitive to the policy rate, says RBI.
The RBI will take action against, apart from erring auditors, those responsible for wrong information in a bank's financial statements, incorrect certification given by auditors, wrong information given in the Long Form Audit Report, and any other violations of the RBI's rules and regulations on auditing.
Naveen Kukreja explains the finer points to keep in mind while planning for your retirement.
DMart's everyday low pricing model is being replicated aggressively by most players (online as well offline retailers), compelling the firm to keep prices down significantly.
An injury to his preferred horse has jeopardised Fouaad Mirza's qualification chances for the Tokyo Games but the double Asian Games silver medallist is confident of making the cut for the Olympics in the equestrian event.
Over 74 lakh voters will seal the fate of 628 candidates in electronic voting machines between 8 am to 5 pm when polling concludes, state Election office informed.
Let us now try to understand basic mathematical techniques that will enable us to make informed decisions regarding our investments.
The central bank will send its comments to the finance ministry shortly. Sources close to the developments said a better way could have been worked out to increase the sectoral caps. The sources said while a cap was meant to protect the interest of the Indian shareholders in sensitive sectors, the new mode of calculation of indirect foreign holding provided for a circuitous way.
Designer Namrata Lodha has been winning hearts with her sustainable hats.
The market players were expecting that if long-term gains are taxed, the STT would go. But this has not happened, says Debashis Basu.
For longer tenure products, they offer higher returns compared to other instruments. But for shorter tenures, things are getting tighter for investors.
'Breaking down silos and ensuring a more integrated governance process is just as important to performance.' 'It has been a major priority in the last six years, especially in national security,' External Affairs Minister Dr Subrahmanyam Jaishankar points out when delivering the Sardar Patel Memorial Lecture-2020: India and the Post-Covid World.
The US election campaign has provided plenty of ammunition for the CCP to make its case that its political system is superior.
'The most intriguing thing (about COVID-19) is the range of the illness -- from asymptomatic or less symptoms to death and quite severe manifestations.' 'The vaccine will be at least another year away from having any effect.'
While existing base rates and loans linked to it will continue, new loans will be linked to the MCLR, which is likely to be lower
The stock market, the Survey felt, had run away from underlying real economy indicators and asked if this indicated rational confidence or irrational exuberance.
Shivshankar Menon said the government's amendment to the Citizenship Act was a "self-inflicted goal".
A serial killer may be insane; a show about a serial killer need not be a celebration of his insanity.
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