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SBI waives SMS charges on mobile fund transfers: Here’s how to register
SBI waives SMS charges on mobile fund transfers: Here’s how to register [ad_1] State Bank of India (SBI) has announced that it has waived SMS charges for mobile fund transfers. SBI customers can now transact without additional charges using USSD services. According to the official twitter account of SBI, “SMS charges now waived off on mobile fund transfers! Users can ...
Read More »Rupee rises by 14 paise to 79.64 against US dollar in opening trade
Rupee rises by 14 paise to 79.64 against US dollar in opening trade The rupee appreciated 14 paise to 79.64 against the US dollar in early trade on Monday in line with its Asian peers and as the American currency retreated from its elevated levels. At the interbank foreign exchange, the domestic unit opened at 79.70 against ...
Read More »Money Goal: To fund near-term money goal, should you take loan or redeem investments?
Money Goal: To fund near-term money goal, should you take loan or redeem investments? [ad_1] Harsh has been working in a bank for the past five years. He wants to pursue a postgraduate course in management now so that it benefits his career in the future. Harsh has always been careful with his money and has avoided spending too much ...
Read More »Travel now, pay later: How it works, options and limitations, should you opt for it
Travel now, pay later: How it works, options and limitations, should you opt for it [ad_1] With the ‘travel now, pay later’ trend all the rage in the domestic market, holiday-makers are jumping on to the bandwagon as if it is the answer to all their financial constraints and woes when it comes to vacationing. Riding on this aspirational fad ...
Read More »Credit Card Usage: Your credit card can do more than just pay for purchases instantly: 9 smart ways to use a credit card
Credit Card Usage: Your credit card can do more than just pay for purchases instantly: 9 smart ways to use a credit card [ad_1] Credit card usage in India has increased steadily in the past two decades, though a big jump came in the past five years. The number of credit cards issued more than doubled from 2.98 crore in ...
Read More »How to avoid being duped by your spouse
How to avoid being duped by your spouse [ad_1] Many women, whether they are employed or homemakers, do not actively participate in managing household finances, either due to ignorance, lack of interest, or deterrence by their spouses. This does not always bode well for their future financial security, especially if the relationship breaks down at a later date. In many ...
Read More »Insurance industry will continue to see M&A deals, new entrants
Insurance industry will continue to see M&A deals, new entrants Merger and acquisitions will continue to be a part and parcel of the insurance sector, which is a highly capital intensive sector and can accommodate new entrants with specialised skill sets having long-term vision. The past developments in this sector and recent decision of the Mumbai National ...
Read More »Former RBI Governor Rangarajan bats for maintaining hawkish stance on rates
Former RBI Governor Rangarajan bats for maintaining hawkish stance on rates Former RBI Governor C Rangarajan advocated maintaining the ongoing hawkish stance by the Reserve Bank of India to tame inflation and expected that the rupee will strengthen with resumption of capital inflow. He also said the country has to clock an 8-9 per cent year-on-year growth ...
Read More »PSU banks give digital lending a push as part of EASE reform agenda
PSU banks give digital lending a push as part of EASE reform agenda Public sector banks are fast adapting to digital means as they have cleared digital lending of Rs 83,091 crore in the financial year ending March 2022. As part of EASE 4.0 reforms, state-owned banks were asked to focus on digital lending, co-lending with non-banking ...
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