The interest rate on FDs hasn't changed much over the years.
The Paytm Payments Bank will be headquartered in Noida and kick off its services from east and north to begin with
Technology solutions provider to the financial services industry i-flex solutions on Wednesday said that First Magnus Federal Bank has become the first US retail bank to opt for its Flexcube for its complete banking platform.
The government may now exempt states from paying this tax while withdrawing money to pay salary to its employees.
Both banks intend to tap German investors focused on emerging markets.
All of us have made these mistakes, so let's begin by seeing how many of them we can avoid/minimise...
The government has proposed to dilute the controversial Fringe Benefit Tax, exempt savings account from the 0.1 per cent banking cash transaction tax and raise income tax exemption limit for women and senior citizens.
Financial planning advisor Amar Pandit explains the most important steps for accumulating a contingency fund but cautions that this money should be spent wisely.
The new tax rates will come into effect from January 1, 2019.
They belong to fans who booked their World Cup travel and tickets through a Brazilian tour operator.
Three or four accounts are enough for one family. Having more increases paperwork and can be misused as well.
The number of free transactions in a month at non-home ATMs is kept at three.
Withdrawals from basic savings bank deposit accounts are capped at four a month, including withdrawals via ATMs.
None of the four benchmarks suggested by the RBI is ideal as banks in India create loan assets from their deposits and not borrowing from the regulator or market, says Tamal Bandyopadhyay.
Archit Gupta -- founder and CEO, ClearTax.com -- lists common mistakes and how to avoid them for filing a hassle-free income tax return.
They had also sought to be allowed to charge consumers for use of own-bank ATMs.
Syed Firdaus Ashraf/Rediff.com lists 11 Modi flagship schemes that may have been gamechangers in the Lok Sabha election.
A total of 64,275 declarations were made under the scheme, an average of Rs 1 crore per disclosure. This is expected to translate into tax collection of about Rs 30,000 crore from the scheme, of which the government exchequer should get around Rs 15,000 crore by the end of 2016-17.
It is very important to be aware of what you should not do with your money. Here are five things that you must be wary of while dealing with your money.
The Indian Overseas Bank has hiked interest rates on non-resident external term deposits with effect from April 1, 2005.
Even so, the PM's cash in hand is among the lowest when compared with his Cabinet colleagues
If you are making any drastic changes, make sure there is adequate documentation
GPS devices will enable real-time money transactions
On the 10th anniversary of the global financial crisis, a multi-part series analyses the lessons learnt and those not learnt.
Key questions remain about the operational and financial viability of a completely paperless bank such as India Post, says Mayank Jain.
The Reserve Bank of India, which slashed the repurchase rate (repo) and savings bank rate by half a percentage point each on February 28, is certain to cut the bank rate in April.
In an attempt to acquire consumers, banks have been providing a lot of technology-enabled services, which used to be offered free.
Punjab National Bank has the largest share.
It was widely expected that this time around, the government would be less likely to initiate fresh reforms and rather loosen its belt a little to give various segments of the economy, especially the multitudes that truly constitute India, something to smile about, says Sudip Bandyopadhyay.
Returns in Systematic Transfer Plan are consistent as money invested in debt mutual fund schemes earns interest till the time the whole amount is fully transferred to equity fund, says Vishwajeet Parashar, Sr VP and Group Head -- Marketing, Bajaj Capital
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