News for 'Savings Bank Account'

'Don't invest all your savings in the stock market'

'Don't invest all your savings in the stock market'

Rediff.com21 Jan 2022

Ajit Mishra, vice president, research, Religare Broking, answers your stock market queries.

'Omar Will Be Sure Shot Chief Minister'

'Omar Will Be Sure Shot Chief Minister'

Rediff.com24 Sep 2024

'INDIA will easily cross 50 seats out of 90 in Jammu and Kashmir.'

Want To Invest In FDs? Read This

Want To Invest In FDs? Read This

Rediff.com26 Feb 2024

'The barbell strategy says that the best way to strike a balance between risk and reward is to invest at the extremes of the risk spectrum.'

Ramoji Rao, The Telugu Colossus

Ramoji Rao, The Telugu Colossus

Rediff.com10 Jun 2024

Ramoji Rao lived as the interface between business and politics and was an active participant in both for most of his remarkable life.

'Jobs Have To Be Created Everywhere'

'Jobs Have To Be Created Everywhere'

Rediff.com25 Jul 2024

'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'

Explained: Exemptions And Deductions For Salaried Employees

Explained: Exemptions And Deductions For Salaried Employees

Rediff.com1 Nov 2022

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

Who will gain the most from SBI's savings rate cut?

Who will gain the most from SBI's savings rate cut?

Rediff.com1 Aug 2017

Analysts expect banks with a strong deposit franchise to benefit from SBI's rate cut as they too are likely to follow the leader.

Jump in small savings to burden govt

Jump in small savings to burden govt

Rediff.com22 Nov 2017

The Centre has to bear the maximum burden of borrowing NSSF loans to the tune of Rs 1 lakh crore.

Why Indian banks have failed miserably

Why Indian banks have failed miserably

Rediff.com30 May 2016

The size of the hole in today's banking crisis appears to be roughly 10 per cent of GDP.

Carry your bank everywhere, literally

Carry your bank everywhere, literally

Rediff.com22 Dec 2014

The preference for digital banking now cuts across all customer segments.

RBI scheme: PMC depositors to be paid over a period of 3-10 years

RBI scheme: PMC depositors to be paid over a period of 3-10 years

Rediff.com22 Nov 2021

Inching closer to resolving the Punjab and Maharashtra Cooperative (PMC) Bank issue, the Reserve Bank on Monday came out with a draft scheme for takeover of the crisis-hit bank by the Delhi-based Unity Small Finance Bank (USFB). The draft scheme of amalgamation envisages takeover of the assets and liabilities of PMC Bank, including deposits, by USFB, thus giving a greater degree of protection for the depositors, the RBI said. In September 2019, the RBI had superseded the board of PMC Bank and placed it under regulatory restrictions, including cap on withdrawals by its customers, after detection of certain financial irregularities, hiding and misreporting of loans given to real estate developer HDIL.

'Joshimath can't be saved. It's too late'

'Joshimath can't be saved. It's too late'

Rediff.com12 Jan 2023

'The entire public needs to be evacuated immediately. Any day, the entire town can collapse.'

LVB customers can access all services; interest rates remain same: DBS

LVB customers can access all services; interest rates remain same: DBS

Rediff.com30 Nov 2020

DBS Bank India on Monday said customers of Lakshmi Vilas Bank, which has now been merged with it, can continue to access all banking services, and interest rates on savings and fixed deposits are unchanged as of now. Lakshmi Vilas Bank (LVB) has now been amalgamated with DBS Bank India Ltd (DBIL), the wholly-owned subsidiary of DBS Group Holdings Ltd, DBS Bank India said in a statement.

Time to privatise government owned banks

Time to privatise government owned banks

Rediff.com21 Jan 2021

The only feasible way to have a healthy banking sector could be making it mostly private, along with two or three large, better-run government banks, suggests T N Ninan.

7 Steps To Review Your Financial Goals

7 Steps To Review Your Financial Goals

Rediff.com17 May 2024

Dwaipayan Bose simplifies the whys and hows of revisiting your financial goals

HDFC - HDFC Bank merger: What's in store for the shareholders?

HDFC - HDFC Bank merger: What's in store for the shareholders?

Rediff.com12 Apr 2022

HDFC and HDFC Bank's merger - touted as India's biggest-ever corporate merger - pumped up shares of the two entities on the bourses. Shares of Housing Finance Development Corporation (HDFC) skyrocketed 9 per cent while those of HDFC Bank zoomed 10 per cent. In comparison, the benchmark S&P BSESensex and the Nifty50 indices settled 2.2 per cent higher on Monday.

10 popular ways to save tax

10 popular ways to save tax

Rediff.com21 Mar 2018

Investments and expenses under section 80 C allows various tax benefits, says Harjot Singh Narula

Filing income tax returns: Keep these documents handy, now

Filing income tax returns: Keep these documents handy, now

Rediff.com11 Jan 2017

Whether salaried or running your own business, it's about time to get your investment proofs in tax-saving instruments ready for filing your income tax returns later this year.

Modi @ 4: PM's dream of 'financial inclusion' takes shape

Modi @ 4: PM's dream of 'financial inclusion' takes shape

Rediff.com29 May 2018

Recently, the government announced yet another ambitious scheme aimed at providing health insurance to 50 crore individuals.

SIP Top-Ups Can Create More Wealth

SIP Top-Ups Can Create More Wealth

Rediff.com17 Jan 2024

SIP top-ups are especially beneficial for young investors, who may start with a small SIP installment and grow it over their working careers, says Dwaipayan Bose.

What exactly happened at RBL Bank?

What exactly happened at RBL Bank?

Rediff.com21 Jan 2022

RBL Bank is no Yes Bank. It's not fraught with fraud. It's a story of limitless ambition and greed for growth under a leader who doesn't want to give up, says Tamal Bandyopadhyay.

UP Dalits abandon BJP? Wins 8 of 17 SC seats, lowest in 3 polls

UP Dalits abandon BJP? Wins 8 of 17 SC seats, lowest in 3 polls

Rediff.com5 Jun 2024

The BJP had registered a one-sided victory on all the 17 SC-reserved seats in the 2014 Lok Sabha elections. But in 2019, out of these 17 seats, it lost Nagina and Lalganj seats to the Bahujan Samaj Party.

How the mega banks' merger will affect you

How the mega banks' merger will affect you

Rediff.com31 Aug 2019

Here's how the move will affect the banks' customers.

India to crack down on savings scams as Modi backs banking for all

India to crack down on savings scams as Modi backs banking for all

Rediff.com30 May 2016

India does not have a unified regulatory regime to counter Ponzi, or pyramid, schemes whose operators typically grab new deposits to meet their promise of guaranteed returns to existing savers, point out Manoj Kumar and Mayank Bhardwaj.

BJP's suggestions on how to SAVE India's economy

BJP's suggestions on how to SAVE India's economy

Rediff.com21 Sep 2013

Economist Dr Subramanian Swamy, whose Janata Party merged with the Bharatiya Janata Party in August, has issued the following press statement on the Indian economy and demanded the implementation of a four-point agenda to save it.

Be Careful About Festival Loan Offers

Be Careful About Festival Loan Offers

Rediff.com1 Dec 2023

'Look not just at the interest rate but also the processing fee.'

Financial Freedom: One Woman's Inspiring Comeback

Financial Freedom: One Woman's Inspiring Comeback

Rediff.com6 Mar 2024

Inspired from a real life incident, this is the story of how Aarti buckled herself up after her divorce and rebuilt her financial life.

Axis Bank buys Citi's India retail business for Rs 12,325 cr

Axis Bank buys Citi's India retail business for Rs 12,325 cr

Rediff.com30 Mar 2022

US bank Citigroup on Wednesday announced the sale of its Indian consumer banking businesses, including credit cards, retail banking, wealth management and consumer loans, to private lender Axis Bank for Rs 12,325 crore, as part of its plans to exit retail operations in 13 markets.

'How to avoid capital gain tax on sale of land?'

'How to avoid capital gain tax on sale of land?'

Rediff.com14 Mar 2024

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

Disruption will change banking significantly: Nilekani

Disruption will change banking significantly: Nilekani

Rediff.com8 Aug 2016

Banking as we know it will stand on its head in the next 10 years.

Budget 2024: 'We have to be intelligent'

Budget 2024: 'We have to be intelligent'

Rediff.com1 Nov 2023

'The global situation is not very good.'

Interest on small savings hiked after years

Interest on small savings hiked after years

Rediff.com20 Sep 2018

The rates of interest on various small savings schemes for the third quarter of financial year 2018-19, starting October 1 and ending on December 31, 2018, has been revised, the finance ministry said while notifying the rates.

Banks increasing service charges

Banks increasing service charges

Rediff.com9 Mar 2012

Be aware of the new charges being introduced and transact online to save on costs

'Hello voter, come to the tea shop for cash'

'Hello voter, come to the tea shop for cash'

Rediff.com21 Apr 2014

Evading the eagle eyes of the Election Commission, political parties in Tamil Nadu have come up with innovative ways to attract voters, the latest being the 'mobile contact' system, in which they contact the electorate over cell phones.

2024 elections could be last in India if...: Kharge

2024 elections could be last in India if...: Kharge

Rediff.com30 Jan 2024

Congress president Mallikarjun Kharge on Monday expressed apprehension that the 2024 Lok Sabha elections would be the last opportunity for the people to save democracy, as Prime Minister Narendra Modi might prefer dictatorship in case his party wins the upcoming polls.

Centre plans to revoke AFSPA, pull back troops in J-K, says Amit Shah

Centre plans to revoke AFSPA, pull back troops in J-K, says Amit Shah

Rediff.com26 Mar 2024

On the controversial AFSPA, the home minister said, "We will also think of revoking AFSPA."

How Banks SURPRISED India

How Banks SURPRISED India

Rediff.com2 Sep 2021

If the earnings in the first quarter of the current financial year are an indication, most banks, particularly those majority-owned by the government, have fared well, reveals Tamal Bandyopadhyay.

Will payment banks have takers?

Will payment banks have takers?

Rediff.com21 Oct 2014

The idea of the payment banks is to provide access to banking for people, especially in rural areas.

Claiming money that is rightfully yours

Claiming money that is rightfully yours

Rediff.com6 Jul 2017

Priya Nair finds out how investors of mutual funds, shares, unclaimed bank deposits, insurance policies can redeem long-forgotten investments.