IRCTC's 0.35 paise travel insurance for accidents: All you need to know While booking train tickets on the IRCTC website or app, travellers have the option to avail themselves of travel insurance for a premium of just 35 paise
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Rupee drops 37 paise against US dollar ahead of June monetary policy meet
Rupee drops 37 paise against US dollar ahead of June monetary policy meet The rupee depreciated almost half a percentage point against the dollar on Monday, ahead of the June monetary policy review meeting and after the Opec-plus countries decided to cut supply. The Indian rupee closed at 82.68 a dollar as compared to the previous close of 82.31, ...
Read More »RBI Governor launches financial inclusion dashboard ‘Antardrishti’
RBI Governor launches financial inclusion dashboard ‘Antardrishti’ RBI Governor Shaktikanta Das on Monday launched a financial inclusion dashboard named ‘Antardrishti’. The dashboard would, as its name suggests, provide the necessary knowledge to evaluate and track the development of financial inclusion by recording relevant data, according to a statement. First Published: Jun 05 2023 | 11:28 PM IST
Read More »Expected pause, surprise on stance?
Expected pause, surprise on stance? A positive growth surprise from the gross domestic product (GDP) data and a downside inflation surprise from the recent consumer price index (CPI) prints provide a touch of ‘Goldilocks’ in the backdrop of the June Monetary Policy Committee (MPC) meeting. The predictability quotient is high for the June MPC as there is near unanimity among ...
Read More »Liberty General Insurance sets up helpline to process claims
Liberty General Insurance sets up helpline to process claims Insurance provider Liberty General Insurance on Monday said it has set up a dedicated 24/7 helpline facility to serve the families of the victims who lost their lives in the Balasore train accident that left at least 275 people dead and 1,100 injured. Liberty General Insurance provides personal accident ...
Read More »Life certificate submission at any branch, online deposit claim settlement: RBI committee’s major recommendations
Life certificate submission at any branch, online deposit claim settlement: RBI committee’s major recommendations [ad_1] Last year, the Reserve Bank of India (RBI) had formed a committee to examine the customer services provided by RBI-regulated entities (RE) such as banks, non-bank financial companies (NBFCs), and payment service operators. This Committee’s mission was to monitor and review the quality of customer ...
Read More »RBI-appointed panel suggests host of customer-centric initiatives for banks
RBI-appointed panel suggests host of customer-centric initiatives for banks An RBI-appointed panel on Monday recommended hosts of customer-centric initiatives for banks, including online settlement of claims by heirs of deceased account holders, flexibility for submission of life certificates by pensioners and a centralised KYC database. The report of the Committee for Review of Customer Service Standards in RBI ...
Read More »How to avoid TCS when your child goes abroad for higher education
How to avoid TCS when your child goes abroad for higher education New Delhi: If you are planning to send your children overseas for higher education, you need not panic about the 20 per cent tax collected at source (TCS) rule, which will apply to other foreign remittances from July 1, 2023, as the finance ministry has clarified that the ...
Read More »Withdraw money from ATM using UPI: Bank of Baroda launches new facility; how to use
Withdraw money from ATM using UPI: Bank of Baroda launches new facility; how to use [ad_1] Bank of Baroda announced the launch of Interoperable Cardless Cash Withdrawal (ICCW) facility using UPI on its ATMs. In May 2022, the Reserve Bank of India (RBI) has asked all banks to provide customers with the option of Interoperable Card-less Cash Withdrawal (ICCW) at ...
Read More »Here are the money changes and PF deadlines for June 2023
Here are the money changes and PF deadlines for June 2023 Several regulatory changes are likely to impact your money management this month. Not only will your car insurance get more expensive this month, but you can also start investing for your child in mutual fund schemes from your own account rather than having to open a joint account for ...
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