After decade of wilderness, Indian banking sector regain health but lack caution By Andy Mukherjee Indian banking sector spent most of the last decade out in the wilderness, as a punishment for the lax underwriting standards on their corporate loans. Now they have regained their health, restored profitability and reestablished investors’ trust. The benchmark Nifty Bank Index is close ...

Need for business insurance leads to ‘Policybazaar of Business’ programme Policybazaar, an insurance brokerage firm has launched a new programme “Policybazaar for business” to fill the growing need for corporate insurance in the post-Covid world. After the Pandemic, the need for a business to protect itself as well as its employees against eventualities has become undeniable. Keeping this in ...

Aadhaar enabled e-KYC jumps by 16% in March 2023; how you can obtain Aadhaar paperless offline e-KYC data [ad_1] Aadhaar, the digital infrastructure of good governance, is used for a variety of services, including direct financial transfers, authentications, and last-mile banking. The Aadhaar e-KYC service continues to play an outstanding role for both banking and non-banking financial services. According to ...

FinMin considering classifying online games as games of skill, chance The Finance Ministry is considering classifying online gaming into categories of skill and chance, and levying a differential rate of GST, an official said. Online games where winning is dependent on a certain outcome or is in the nature of betting or gambling would attract 28 per cent ...

Stress tests show Indian banks can tackle ‘severe’ instability: RBI Guv Das Finance minister asks public banks to take stress tests; what are these? RBI hikes repo rate by 35 bps to 6.25%, cuts FY23 GDP forecast to 6.8% RBI MPC: Here is what experts have to say about the policy announcement RBI MPC: When and where to watch policy ...

Why EPF e-passbook facility is still down; other ways to view your passbook [ad_1] Many EPF members who clicked on the e-passbook page encountered a 404 error. This has been the case for about a week now. It appears that a server issue is to blame for the users’ inability to access the EPFO portal’s e-passbook service. “According to the ...

RBI removes restrictions on individuals from opening interest-earning FCAs RBI hikes repo rate by 35 bps to 6.25%, cuts FY23 GDP forecast to 6.8% RBI MPC: Here is what experts have to say about the policy announcement Reserve Bank of India, IFSCA likely to frame fresh norms for GIFT City MPC lowers projection for inflation, raises growth outlook a bit ...

I-T dept releases offline forms for ITR 1, 4 for fiscal year 2022-2023 June 15 has been set as the due date by the I-T department for employers to share Form 16

Mahila Samman Savings Certificates: All you need to know about the scheme There are no upper limits to the number of accounts. However, there is a cap on the maximum deposit limit. Additionally, there should be a gap of at least 3 months between opening of any two accounts

After debt resolution, Essar Oil lines up Rs 1,200-crore capex Essar Group bets $3.6 billion on decarbonisation in India and UK What is credit score? Why is it important? Analysts see pressure on RIL, OMC’s profitability amid firm oil prices Care Ratings upgrades Hinduja Leyland Finance’s long-term debt to AA Essar group returns to steel business with $8-billion investment PepsiCo ...