Mumbai (Maharashtra) [India], Sep 24 (ANI): The Reserve Bank of India (RBI) has restricted activities of Punjab and Maharashtra Cooperative Bank (PMC Bank) for six months and asked it to not grant or renew any loans and advances, make any investment or incur any liability, including borrowal
New Delhi [India], Sept 18 (ANI): NSE Clearing Limited has empanelled private lender Federal Bank for submitting fixed deposit receipts in electronic form (e-FDRs) as collateral to clearing and trading members.
Pune (Maharashtra) [India] Sept 17 (ANI/BusinessWire India): The Indian Market has been going through a challenging phase as a result of slowdown in economic growth, higher tax impact on foreign institutional investors, the shutdown of major factories resulting in layoffs and hiring freeze.
Pune (Maharashtra) [India] Sept 13 (ANI/BusinessWire India): As a parent, securing your child's future is paramount, and you can do this in various ways.
Washington [US], Sept 12 (ANI): Hours after European Central Bank (ECB) lowered rates on deposit facility by 10 basis points, US President Donald Trump on Thursday criticised the Federal Reserve for not acting quickly as ECB.
Pune (Maharashtra) [India] Sept 09 (ANI/BusinessWire India): Non-Resident Indians (NRIs) who wish to have a savings account or a fixed deposit account in India cannot open standard savings account like Indian residents. If you opened a savings account before moving abroad, you need to con
Mumbai (Maharashtra) [India], Sep 9 (ANI): The country's largest lender State Bank of India (SBI) on Monday announced a reduction in its marginal cost of funds-based lending rate (MCLR) by 10 basis points across all tenors.
Pune (Maharashtra) [India] September 06 (ANI/BusinessWire India): An investment that earns guaranteed returns is always beneficial, more so when market-linked instruments aren't yielding returns as per your expectations. A fixed deposit is one such safe investment as it helps you grow you
Pune (Maharashtra) [India] Sept 2(ANI/BusinessWire India): Making your money earn big revenue for you is arguably one of the best ways to grow your wealth.
New Delhi (India), Aug 30 (ANI): The Supreme Court on Friday issued notice to the Centre and Reserve Bank of India (RBI) on a man's plea for a direction to allow him to deposit demonetised currency notes of Rs 500 and Rs 2,000 denomination totalling Rs 1.17 crore in any of his bank accoun
Mumbai (Maharashtra) [India], Aug 23 (ANI): The Bombay High Court has ruled that the National Spot Exchange Ltd (NSEL) is not a financial establishment and hence notifications for attachment of the company's assets including bank accounts and properties under the Maharashtra Protection of In
New Delhi [India], Aug 23 (ANI): To protect the interests of saving bank depositors, State Bank of India (SBI) has decided to not reduce interest rate further and hold it at the existing level of 3 per cent for customers with balances above Rs 1 lakh.