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Source: Business Standard 3 min read Last Updated : Oct 15 2024 | 11:47 AM IST The Reserve Bank of India (RBI) has proposed expanding the real-time gross settlement (RTGS) system to include transactions of the United States dollar, Euro, and British pound through bilateral or multilateral agreements. RBI Governor Shaktikanta Das also underscored…
Source: Business Standard Credit Card(Photo: Shutterstock) 3 min read Last Updated : Oct 10 2024 | 12:37 PM IST Credit card fraud has become an unfortunate reality for many consumers. LocalCircles had conducted a survey that revealed 47 per cent of Indians have faced financial fraud in the past three years. Highlighting that UPI…
Source: Business Standard 4 min read Last Updated : Oct 08 2024 | 1:06 PM IST The health insurance industry sells a variety of products: From those assisting in basic hospitalisation covers to comprehensive plans that include dental care or yoga sessions. What do customers do when they find a policy no longer…
Source: Business Standard 2 min read Last Updated : Sep 30 2024 | 9:35 PM IST The growth in bank credit to the services sector moderated to 15.6 per cent year-on-year (Y-o-Y) in August 2024, down from 21 per cent a year ago, largely due to a considerable decline in credit to non-banking financial…
Source: Business Standard Illustration: Binay Sinha 3 min read Last Updated : Sep 30 2024 | 1:50 PM IST ICICI Prudential Mutual Fund on Monday launched two new investment products aimed at value-conscious investors: the ICICI Prudential Nifty200 Value 30 ETF and the ICICI Prudential Nifty200 Value 30 Index Fund. The new offerings will…
Source: Business Standard 4 min read Last Updated : Sep 30 2024 | 11:38 AM IST The income tax department has extended the deadline for submitting various audit reports for the assessment year 2023-24 to October 7, 2024. The original deadline was September 30, allowing taxpayers additional time to fulfil their compliance obligations. …
Source: Business Standard 3 min read Last Updated : Sep 25 2024 | 2:24 PM IST Baroda BNP Paribas Mutual Fund has launched a new fund offer to capitalise on the “power of momentum investing”, it said on Wednesday. The Baroda BNP Paribas Nifty200 Momentum 30 Index Fund, which opened for subscription on Wednesday,…
Source: Business Standard With private banks focusing on reducing their credit-to-deposit ratio, fund-raising through bonds is largely being dominated by public sector banks this year, the agency added | Photo: Twitter 2 min read Last Updated : Sep 24 2024 | 11:20 PM IST Banks’ borrowings through bonds is expected to reach Rs 1.2-1.3…
Source: Business Standard 3 min read Last Updated : Sep 23 2024 | 5:22 PM IST LIC Mutual Fund is set to introduce a new daily Systematic Investment Plan (SIP) option starting at Rs 100, according to media reports. This move aligns with the Securities and Exchange Board of India’s (SEBI) initiative to promote micro-SIPs…
Source: Business Standard 4 min read Last Updated : Sep 23 2024 | 11:28 AM IST The Central Board of Direct Taxes (CBDT) has recently released notification, saying the Direct Tax Vivad Se Vishwas Scheme 2024 will come into effect from October 1, 2024. This scheme seeks to minimise income tax litigation by offering…
