Banking on awareness to tackle cyber fraud [ad_1] (This story originally appeared in on Sep 03, 2022) Nudged by the Reserve Bank of India (RBI) and the government, banks are making an all-out effort to increase public awareness to check the rise of online fraudsters. With digital transactions becoming simpler and mainstream, fraudsters are finding gullible accountholders a soft target. ...
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Though NRIs earn enough to live comfortably, there may not be enough savings buffer
Though NRIs earn enough to live comfortably, there may not be enough savings buffer [ad_1] A friend called to tell me that they are finally debt free. Twenty years after they got married. There is no story in that statement. Except that they are the average US-based NRIs. Wouldn’t they be rolling in dollars? Let’s see why that may not ...
Read More »CBDT issues refunds of over Rs 1.14 trillion between April to August
CBDT issues refunds of over Rs 1.14 trillion between April to August The Central Board of Direct Taxes (CBDT) said on Saturday that it has issued refunds of over Rs 1.14 trillion to more than 19.7 million taxpayers between April 1 to August 31. It also said that income tax refunds of Rs 61,252 crore have been ...
Read More »vodafone bonds: Franklin side pockets holding Vodafone bonds shoot up 20% as interest flows in
vodafone bonds: Franklin side pockets holding Vodafone bonds shoot up 20% as interest flows in [ad_1] New Delhi: More good news for investors in the closed debt schemes of Franklin Templeton Mutual Fund. The segregated portfolios holding NCDs have received interest from the telecom company, pushing up their NAVs by almost 20% on Friday. Side pockets of five schemes hold ...
Read More »Death of EPS pensioner: Documents needed to draw pension
Death of EPS pensioner: Documents needed to draw pension [ad_1] [ad_2]
Read More »Update Aadhaar details online, know fees
Update Aadhaar details online, know fees [ad_1] [ad_2]
Read More »Uses of Aadhaar face authentication app
Uses of Aadhaar face authentication app [ad_1] Uses on other platforms This application can be used for various other apps such as JeevanPraman, PDS, scholarship schemes, COWIN, farmer welfare schemes, among others. Here are the steps to submit digital life certificate (Jeevan Pramaan) through Aadhaar face authentication RD service [ad_2]
Read More »What is a currency swap?
What is a currency swap? Understanding currency swaps In its bid to help the developing countries, the Indian government may soon allow currency swaps backed by mineral resources. A currency swap is an agreement between two cross-border entities where one of them agrees to provide a loan to another in a foreign currency. The repayment takes place in ...
Read More »1-year median MCLR rise moderates in August, up 40 bps since June
1-year median MCLR rise moderates in August, up 40 bps since June The rise in one-year median marginal cost of fund-based lending rate (MCLR) of commercial banks moderated to 10 basis points (bps) in August from a hike of 15 bps in July. It has risen 40 bps since June. This comes on the back of the ...
Read More »‘Think of the worst’: RBI Governor Das nudges banks to raise capital
‘Think of the worst’: RBI Governor Das nudges banks to raise capital Given the uncertainties surrounding the global financial environment, domestic banks should raise more capital in order to be prepared for the worst-case scenarios, Reserve Bank of India Governor Shaktikanta Das said on Friday. Das also underscored the need for banks to raise more capital to ...
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