Personal Loan

Tax returns filed late, directors of 2 jewellery firms get 6mths RI [ad_1] (This story originally appeared in on Jun 11, 2023) MUMBAI: Calling it an economic offence, in a rare instance, two directors of two jewellery firms at Zaveri Bazaar were sentenced to six months rigorous imprisonment in two cases for failing to file income tax returns on time ...

RuPay forex cards to be issued soon; can be used at overseas ATMs, PoS machines, online merchants [ad_1] The Reserve Bank of India (RBI) has decided to allow issuance of RuPay Prepaid Forex cards by banks in India for use at ATMs, PoS machines and online merchants overseas. Additionally, RuPay Debit, Credit, and Prepaid Cards will be allowed to be ...

RBI MPC: Book FDs at high interest rates before they start to dip as RBI MPC is expected keep repo rate unchanged [ad_1] Is the era of rising interest rates on fixed deposits (FDs) coming to an end? Only time will tell but there is a chance that we are quite close to the peak rate of fixed deposits in ...

Irdai instructs insurers to ease, expedite claims settlement for victims of Odisha train accident [ad_1] The Insurance Regulatory and Development Authority of India (Irdai) has issued guidelines that insurance companies must follow when settling insurance claims of victims of the recent train accident tragedy in Balasore, Odisha. India saw one of its deadliest train disaster in decades on Friday near ...

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 ...

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 ...

HDFC Bank services: These HDFC Bank services will not be available on these days due to scheduled downtime [ad_1] HDFC Bank has informed its customers, via email, that due to a scheduled downtime for necessary system maintenance and upgrades , certain services won’t be available. According to the HDFC Bank email sent to customers, “As part of our ongoing commitment ...

Kotak Mahindra Bank Debit Card services will be unavailable on these days [ad_1] Kotak Mahindra Bank has informed that Kotak Bank Debit, Spendz Card services will be unavailable for a few hours on June 3 and 10, 2023 due to maintenance activity. The bank informed its customers via an email. The bank stated in the email: “We would like to ...

Digital Rupee: RBI plans to expand CBDC pilot to include more banks and locations [ad_1] The Reserve Bank of India (RBI) wants to expand the ongoing pilot of the Central Bank Digital Currency (CBDC) and incorporate various use cases and features in 2023-24. In its annual report for 2022-2023, the central bank said, “During 2023-24, the Reserve Bank aims at ...

These 5 banks will offer QR Code-based Coin Vending Machines [ad_1] At the MPC meeting in March, Shaktikanta Das made the announcement that coin vending machines using QR codes would soon be available in 12 cities. The RBI governor stated that this will improve the ease of access to coinage and the distribution of coins utilising machines. Coins are currently ...