'As long as economic growth remains steady, creating jobs and generating stable incomes, the rise in home loans should not create problems.' 'If the growth trajectory changes course over the medium term and interest rates rise along with inflation, the expanding trend in home loans may not sustain.'
The high court said a sense of responsibility has to be attached while retweeting content about which one does not have knowledge and added that retweeting of defamatory content must invite penal, civil as well as tort action if the person retweeting it does not attach a disclaimer.
'During the nine years of BJP rule, not a single temple has been reconstructed.' 'They might have constructed the Ram temple as it is an emotional issue. But they are not much interested in issues like heritage.'
If you were thinking that by raising interest rates, the RBI is only trying to get stricter with credit card holders, think again
Want to spend more this festive season on your credit card? This is what it takes...
The Reserve Bank is planning to extend wholesale Central Bank Digital Currency (CBDC) for transactions for interbank borrowing or call money market, sources said on Tuesday. The pilot in the wholesale segment, known as the Digital Rupee -Wholesale (e-W), was launched on November 1, 2022, with the use case being limited to the settlement of secondary market transactions in government securities. "RBI is now planning to go into the interbank borrowing market.
'Just the amount of work which is there just to become more and more successful in banking. For this to happen you need to have leaders who understand technology.'
Dubious and personal expenses of Rs 1,000 crore were made from bank-loan funds for Jet Airways founder Naresh Goyal and his family members even as the airline "diverted" money to some tax havens, the Enforcement Directorate (ED) alleged on Saturday, after arresting the businessman in a money-laundering case. Goyal (74) was taken into custody late on Friday night after the central probe agency took him to its Mumbai office from Delhi. A special court set up to deal with cases lodged under the Prevention of Money Laundering Act (PMLA) on Saturday sent him to the ED's custody for 10 days, till September 11.
According to the Kyoto protocol, one carbon credit can be earned by reducing a tonne carbon dioxide. One carbon credit is worth $10 as per the UN Framework Convention on Climate Change (UNFCC) guidelines.
Will BJP campaigners start using the term 'Ram Rajya' to refer to the nation under Modi's rule, asks N Sathiya Moorthy.
If you want to apply for a job at State Bank of India (SBI), any default on loans or credit card payment will render your ineligible.
The cost of acquiring new cardholders is quite low for domestic card issuers by international standards, but net credit losses are comparatively high, a study commissioned by the Indian Cards Council (ICC) revealed.
Gogoi and Sarma have been locked in a war of words on 'X' since Wednesday on the issue of the chief minister's wife's company allegedly being given a credit subsidy of Rs 10 crore.
'Das is friendly, but he finally does what he does. The quality of engagement is very good.'
"I sometimes think of leaving it, but the chief minister's post doesn't leave me," Ashok Gehlot famously said earlier this year, in part as a signal to the Congress top brass not to pick someone else for the job if the party wins the assembly polls.
'That's the beauty of Mumbai cricket. Nobody interferes with the running of the cricket, only the cricketers are allowed to run the cricket.'
Seeking to create a global-sized bank, the Cabinet on Wednesday gave the go-ahead to the merger plan of SBI and its five associates, a step aimed at strengthening the banking sector through consolidation of public banks.
Outright fear and lack of awareness can harm your CIBIL score
At this year's TIME ball in New York City on Thursday, April 25, you would have run into a Coimbatore-born American scientist, looking lovely in Sabyasachi Mukherjee designer finery, who would most likely have been hanging out with Dua Lipa.
While the RBI's guidelines aim to streamline the loan closure process, borrowers must remain proactive.
Prayag Raj, who was so successful at his peak, ought not to have slid into oblivion, observes Deepa Gahlot.
During the day-long debate, the lines between science and religion often got blurred with many invoking religious texts and the contribution of 'rishi munis' to highlight India's tryst with the extra-terrestrial world.
The bank said that Mulford has a long association with Credit Suisse dating back to start of his investment banking career at White, Weld and Company as Head of International Finance. He was responsible for coordinating efforts with its partner, Credit Suisse White Weld on international business.
Addressing BJP workers at a felicitation function after the Bharatiya Janata Party's victory in Bihar elections and various bypolls, he asserted that the only mantra for his party's victory was 'Sabka saath, sabka vikas and sabka vishwas' and also launched a veiled attack on the West Bengal's ruling Trinamool Congress, saying those who cannot challenge the saffron party democratically have resorted to 'murdering' its workers to realise their goals.
This growth gives sleepless nights to a bank chairman
'Pancham told me once, "It's very difficult to be taken seriously when there are stalwarts like Shankar-Jaikishan, S D Burman, Madan Mohan and Naushad... How do I make my mark?"' Amit Kumar salutes R D Burman on his 30th death anniversary on January 4.
Most credit card companies now offer co-branded credit cards. But do you know what they are and how you can benefit from using them?
Reliance General Insurance Company (RGIC), a subsidiary of Reliance Capital, finds itself in a bind as the Directorate General of GST Intelligence (DGGI) has issued multiple Show Cause Notices (SCNs) amounting to Rs 922.6 crore. This development comes at a time when Reliance Capital is currently undergoing a debt resolution under the National Company Law Tribunal (NCLT) process in which the Hinduja group has emerged the winner. The Hinduja acquisition is currently awaiting the Supreme Court's approval after the Torrent group, the winner of the first round, challenged the second auction conducted by the lenders of Reliance Capital.
Duped companies in the US and wired money to India and Pakistan.
'If someone were to ask you if you want to die tomorrow, no matter what problems you are grappling with, you would be hesitant, right?'
Credit cards are not inherently bad. If used responsibly, they can be a saviour in times of need.
If used wisely, credit cards can actually work for you. Here are three simple steps that can help you get more out of your credit cards.
'Never expected, and never in history, not a single country has extended that kind of assistance'
If you're considering settlement as a solution to end your debt problems, take a step back and consider the risks associated with such settlements.
For women, it is important to build an emergency fund and a financial independence fund independent of the couple's joint goals and plans.
The idea was that despite some defaults the high rates would assure good profits.
It is important to have the necessary documents on hand to verify the information in the form.