Blog

EPFO shares tips on how to protect your PF account from online frauds, know details [ad_1] [ad_2]

YEARENDER: Composite insurance licence regime may trigger M&A activity: HDFC Life CFO Niraj Shah The Central governments decision to issue composite insurance licences (insurers who can sell both life and general insurance policies) may increase a potential for merger and acquisition (M&A) activity in the sector, said a senior official of HDFC Life Insurance Company. ...

Kotak Mahindra Bank RD Interest Rate: Kotak Mahindra Bank hikes RD interest rate by up to 75 bps on certain tenures [ad_1] The Kotak Mahindra Bank has hiked the recurring deposits (RD) interest rates. The interest rates on RD accounts have been revised from December 28, 2022, i.e., today. This is the second time the private sector bank has increased ...

NPS, credit card reward points, insurance: 5 key money rule changes from January 1, 2023 [ad_1] From credit card reward points to partial withdrawal rules for National Pension System (NPS) subscribers to mandatory know-your-customer (KYC) documents for purchasing insurance policies, a host of rules are going to change starting from January 1, 2023. ET Wealth Online has compiled a list ...

2023 Bank Holidays: Bank holidays 2023: Banks to remain closed on these days in 2023, check complete list here [ad_1] Banks in India will observe a number of holidays depending on the state. Bank customers should be aware of bank holidays beforehand and plan their finances and payment accordingly. The holidays are classified into three groups by the central government ...

Top Headlines: Banks’ balance sheet grows, daily vax rates in India double Banks’ balance sheet grows in double digits after 7 years: RBI report The health of Indian banks continued to improve in 2021-22 with their balance sheet growing at double digits after a gap of seven years and their asset quality and capital position ...

RBI to streamline charges for a safer, more affordable payments system The Reserve Bank of India (RBI) is aiming to streamline the framework of charges for different payment systems to ensure that the country has a state-of-the-art payment system, which is not only safe and secure but also swift and affordable. The central bank had, ...

RBI cracked whip on ICICI, others for flouting norms, but was ignored: RTI The Reserve Bank of India (RBI) had slapped show cause notices (SCNs) and imposed penalties on the ICICI Bank and certain other banks way back in 2017, for violating various norms, according to a RTI reply, but few of these seemed to have heeded ...

Urban Co-op Bank profiles improve on bad loan dip, better profitability The profile of urban co-operative banks (UCBs) improved in 2021-22 on the back of augmented capital buffers, a decline in bad loans and improved profitability. However, the growth in deposits and advances took a knock as liabilities shrunk on the back of high base ...

Punjab & Sind Bank board to consider fundraise of Rs 250cr on Dec 30 City-based Punjab & Sind Bank on Tuesday said its board will meet on December 30 to consider a proposal for raising up to Rs 250 crore by various modes, including equity and bonds issuance, the bank said on Tuesday. The bank ...