REC to issue deep-discount bonds to raise Rs 5,000 crore in March The state-run financier plans to raise the money through 10-year, deep-discount bonds and the issue is likely to see strong investor demand, the sources said

Fund review: SBI Bluechip fund Fund review: SBI Bluechip fund

ICICI Bank branch manager forged signatures, siphoned off ‘Rs 11.95 crore’ by transfer and cash, alleges the customer; case in EOW’s net [ad_1] The branch manager of an ICICI Bank branch has admitted having committed fraud by forging the signature of an NRI customer. In a complaint letter dated January 6, 2024, to Vikas Puri Police Station in Delhi, ICICI ...

Tax season 2024: How to make the most of your ELSS investment An ELSS fund is an equity-oriented scheme with a mandatory lock-in period of three years. In recent years, many taxpayers have turned to ELSS schemes to avail of tax benefits.

MobiKwik' Pocket UPI' to allow wallet payments without linking to bank This latest feature is aimed at creating more security and flexibility during transactions by mitigating risks associated with direct bank transfers

Borrowing cost for states decline for third week in a row to 7.44% The borrowing cost for states continued to fall for the third week in a row, with the weighted average price falling to 7.44 per cent in the debt auction on Tuesday. The cost had remained at a two-year high throughout January sniffing at 7.8 per cent. However, ...

Unsecured loan growth remains strong despite hike in risk weights Recently, the RBI reiterated its concern on the elevated unsecured lending portfolio of banks in its Bulletin

Corporate bonds witness strong demand in February as yields soften Market participants expect that states’ borrowing for both the current quarter and the entire financial year will be significantly lower than the calendar projections

higher eps pension: Will higher EPS pension dream collapse due to EPFO’s new calculation rules? [ad_1] Applicants for higher pension under the Employees’ Pension Scheme (EPS 95) may be in for a rude shock as there have been media reports that the EPFO is promoting a new rule to calculate the higher pension. The purported rule is based on giving ...

Family of deceased housewife wins Rs 6 lakh in SC; Homemaking not a valid ground for low payout to accident victim [ad_1] Losing a homemaker could be a big traumatic experience for any family. However, when it comes to calculating the financial loss for awarding compensation, the contribution of a housewife is often underestimated. The recent judgement by the Supreme ...