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Latest Articles in Banking Finance

PNB Launches Digital Initiative [email protected]

PNB announced other digital initiatives such as instant opening of online saving account via video-KYC, insta pre-approved loan, insta demat account and insurance facility through internet and mobile banking services.

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Central Bank Of India Launches Deposit Scheme To Boost COVID-19 Vax Drive

The cumulative number of COVID-19 vaccine doses administered in the country has crossed 10.45 crore as India marked day-2 of the countrywide 'tika utsav'.

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Bandhan Bank Sees 21 % Rise In Loans And Advances At End Mar'21; Deposits Jump By 37 %

Total deposits of Bandhan Bank grew by 37 per cent year-on-year to Rs 77,972 crore as against Rs 57,082 crore during the reported period

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AT-1 Bonds Case: Yes Bank To Appeal Rs 25 Cr Fine By Sebi

The announcement came hours after markets regulator Sebi imposed a penalty of Rs 25 crore on the lender in the case.

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Remain Watchful Of Evolving Situation, Push Credit Flows: RBI Guv To Banks

The liquidity scenario and monetary transmission, and credit flows to different sectors, including MSMEs, and retail, were also discussed during the meeting held through video-conferencing.

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Kotak Mahindra Bank Wants To Be Challenger In Home Loan Mkt, Maintains Low Interest Rate

The interest rate is applicable for both home loans and balance transfer loans across loan amounts, it said, adding that the bank has attractive rates for both salaried and self-employed people.

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Axis Bank Customers Can Send Money Abroad In 100 Currencies Via Mobile App

The bank has made this an omni-channel experience for its customers, as there is complete integration between mobile banking and internet banking transactions

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5 Retirement Planning Myths

All the increased awareness notwithstanding, here are a few common retirement related myths that persist even today.

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Innovative India Must Capture All Segments Of Financial Market To Fuel Growth: IMF

The non-bank financial system can be better seen, and capital markets have to be deepened and made more robust, he said during the last week’s annual Spring meeting of the IMF and the World Bank.

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SBI Collects Rs 300 Cr From Zero Balance Accounts For Certain Services In 5-Yr: Study

India's second-largest public sector lender Punjab National Bank, which has 3.9 crore BSBD accounts, collected Rs 9.9 crore during the same period.

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I-T, Corporate Tax Mop Up Exceeds Revised Estimates At Rs 9.45 Lakh Cr In FY21

The collection for just concluded 2020-21 fiscal was 5 per cent higher than the RE, but was 10 per cent lower than the mop up in 2019-20.

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Mutual Fund Assets Soar 41% To Rs 31.43 Lakh Cr In FY'21

Equity funds see first net inflows in eight months, assets hit fresh high with net inflows of Rs 9,115 crore following net outflows in the previous eight months. L

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SBI Mutual Fund Asset Base Crosses Rs 5 Lakh Crore Mark

HDFC MF, which is at the second position, saw its asset base rising to Rs 4.15 lakh crore during the period under review from Rs 3.89 lakh crore in the December quarter.

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Are you skeptical about the rising Market? Look at the future clearly with an ear on the ground

If you are concerned about the rising Sensex and are worried that the future does not hold much promise in the immediate future read on.

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