We all know the pandemic impact it affects your job, financial status, and lifestyle, it affects your FDs also.It is right to break your pandemic FDs to earn higher returns? Senior citizens saving scheme (SCSS)Recently the government of India increased the return on SCSS with rates of 8%. In the pandemic, it was 7.4%. Some…
Read articleNowadays everyone is paying with cashless payment that why KYC play important role in cashless payments. You need your KYC updates from time to time. KYC VerificationAccording to RBI if you already submitted your documents and not changed the address customer cansubmit a self-declaration through email. Bank took this decision to be convenient for customers…
Read articleNUMBER 1This week certain problems will finally get cleared. You breathe a sigh of relief as your partner or a close friend comes to your rescue. Their timely help ensures that you incur no loss this week. During this time it is very important for you to resist certain temptations and try to keep your…
Read articleBUSINESS NUMEROLOGY WEEKLY Mon, Dec 05, 2022 – Mon, Dec 12, 2022 (NUMBER ONE Born 1,10,19,28) Do not be frustrated if things do not move forward fast enough for you. You are bound to see the results of all the hard work that you have put in the past. Professionally this week is good for…
Read articleBUSINESS NUMEROLOGY WEEKLY… Mon, Nov 14, 2022 – Sat, Nov 26, 2022 (NUMBER ONE Born 1,10,19,28)Anxiety due to the careless actions of your children or spouse will take up much of your mental energy. Restore the balance in your life, with the help of peaceful and relaxing activities. You will seek the blessings of a…
Read articleThe expected growth in economy of India according to RBI , is expected to have grown between 6.1% an 6.3% in the second quarter, putting the country on course for a 7% growth rate for FY23. According to report by RBI , Indian economy has shown developments and have thrown up both risks and opportunities.…
Read articleThe term Fintech means ‘ Financial Technology ‘ . Fintech refers to the integration of technology into offerings by financial services companies in order to improve their use and delivery to consumers . It primarily works by unbundling offerings by such firms and creating new markets for them. Fintech also includes different sectors and industries…
Read articleJapanese investment major SoftBank will sell a third of its stake in One97 Communications Ltd, the owner of the Paytm payments app, through a $200 million (around Rs 1,627 crore) block deal . It will be looking to offlload 4.5% of the fintech company . SoftBank owns 12.9% of Paytm and is selling 29 million…
Read articleThe details on sectors or borrowers are asked to the bank chief by RBI because of the rise in the interest rates. The questions have arised by Central bank about the concerns over the ability to mobilise deposits and meet credit demand. Separate meetings with the chiefs of public sector and private banks were conducted…
Read articlePublic sector banks ( PSB ) are looking into newer loan products to meet the demand of higher education loans. It is making efforts to recover legacy non-performing assets (NPAs) in education loans. The options include one-time settlement (OTS) or sale of bad loans to asset reconstruction companies (ARCs). Efforts to clear educational loans –…
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