'Tamil Nadu is a state of temples, it's a holy land. People don't seem to realise that.'
Regulators will need to allow the model to evolve to allow profits to flow, says Una Gulani.
Payments banks are niche banks set up by the Reserve Bank of India to further the agenda of financial inclusion.
India has got the second set of Swiss bank account details of its nationals and entities under the automatic exchange of information pact with Switzerland, marking a key milestone in the government's fight against black money allegedly stashed abroad.
55 million people already in the social security net
There are some advantages of a falling rupee.
Women are multitasking and management queens. The pointers here can easily be managed by all women along with juggling their current tasks at hand. Superheroes are fictional whereas superwomen are real. They are all around us!
Earning returns from an asset lying idle can be a good option in times of volatility.
With taxation anguish already upon you with the financial year about to end in a month, check out what income tax rebates are available to you.
'A score of 750 and above is considered to be good, though these cut-offs can vary depending on the type of loan being sanctioned,' points out Arun Ramamurthy.
Private players offer convenience for slightly higher rental than banks.
By region, Thiruvananthapuram leads with 247 defaulters, followed by Kolkata with 173 and Bhubaneswar with 115
Even so, the PM's cash in hand is among the lowest when compared with his Cabinet colleagues
The central probe agency has also issued a notice asking general public 'to furnish information and particulars of properties, both movable and immovable as well as bank accounts, in the state of West Bengal and other places, if any, related to Saradha group known to them, with specific details' to it.
As protectionism grows from the United States to Australia, Sanjay Kumar Singh draws up a comprehensive financial checklist for those shifting to India.
Reduce frill expenses, monetise your assets and invest in professional development to negotiate the choppy phase.
If you are one of those who is now staring at your credit card bill and wondering how to go about it, here is the way out.
The announcement comes on the first anniversary of the project.
EPFO manages a huge corpus of over Rs 6 lakh crore (Rs 6 trillion).
The vertical will be based out of Bengaluru.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
On the capital raising, where there are reports of the bank needing at least Rs 20,000 crore to spring back to normalcy, Yes Bank administrator Prashant Kumar declined to give an estimate of the requirement but said it would like for most of the fund raising to happen in the first round itself.
Goods and services provided without any consideration are out of ambit of Consumer Protection Act; investors, too, cannot approach a forum. Tinesh Bhasin reports
The curious thing is that savings instruments have not really kept pace with changing needs, although people have access to a wider variety than before.
For people at the bottom of the pyramid, which I would rather address as mass market or emerging class; the primary challenge in accessing banking services are not just affordability but applicability and accessibility of services.
After the rationalisation and categorisation of mutual fund schemes undertaken by the Sebi in October 2017, overnight funds have emerged as a distinct category.
Cost is not the only factor that one should look at. It's best to keep investment and insurance apart
Most farmers depend on rainwater for farming.
JM Financial Consultants, Arpwood Capital and Alvarez & Marsal will advise the board going forward
The ambiguity arose after notices were sent to lenders for non-payment of service tax under the pre-GST regime
Jaitley said banking network is expanding hugely and the health of banks reflects on the challenges for the economy.
Part of the dues has been pending since 1995-96 - the inception year of the Employees' Pension Scheme administered by the EPFO. The Centre also owes the EPFO more than Rs 1,000 crore towards the minimum pension scheme it had notified in September 2014.
From the date you put in your papers, the employer will promptly freeze your salary payouts and you will get everything along with the full and final settlement.
Recently, the government announced yet another ambitious scheme aimed at providing health insurance to 50 crore individuals.
You can still save money, says Samkit Maniar
The abolition of wealth tax is again a welcome step.
For the near term, Gill will have to improve relations with the Reserve Bank of India, which have been strained in recent times. He will also need to strengthen the bank's asset quality and improve governance standards and internal processes.