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RBI may act against more NBFCs to check obscure lending practices: Morgan
Updated : 1 year, 5 months ago IST
Reserve Bank of India's (RBI) Thursday action against four NBFCs and asking them to cease and desist from making new loan sanctions and disbursements, a report by Morgan Stanley suggests more lending companies might face similar scrutiny.
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Govt reduces charges for TDS default from multiple rates of 2,3 and 5 pc t
Updated : 1 year, 5 months ago IST
The new guidelines by Central Board of Direct Taxes (CBDT) for the compounding of offences under the Income-tax Act, 1961, aim to make the process easier and more accessible for taxpayers, according to a statement by Ministry of Finance.
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Matt Henry registers most economical five-wicket haul in NZ's Test history
Updated : 1 year, 5 months ago IST
In his spell of 13.2 overs, he took 5/15 with an economy rate of 1.10, the lowest by a Kiwi bowler in a Test fifer. He got crucial wickets of Sarfaraz Khan, Rishabh Pant, Ravindra Jadeja, Ravichandran Ashwin and Kuldeep Yadav.
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RBI takes action against 4 NBFCs over excessive interest rates, non-compli
Updated : 1 year, 5 months ago IST
According to RBI, Asirvad Micro Finance Limited (Chennai), Arohan Financial Services Limited (Kolkata), DMI Finance Private Limited (New Delhi), and Navi Finserv Limited (Bengaluru) were directed to cease and desist from sanction and disbursal of loans, effective from close of business of Oc
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Signature Global Unveils Exclusive Festive Offers for Aspiring Customers
Updated : 1 year, 5 months ago IST
New Delhi [India], October 17: Signature Global (India) Ltd., among India's leading real estate developers, has unveiled attractive Diwali offers tailored for customers. The festive benefits range from reduced booking amounts to exclusive rewards like luxury watches, complimentary club membe
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The Future of Savings Accounts: Trends and Innovations
Updated : 1 year, 5 months ago IST
New Delhi [India], October 17: The traditional savings account is undergoing significant transformation almost every day. Driven by technological advancements, changing consumer expectations, and regulatory shifts, the future of savings accounts looks very different from a decade ago. For ma
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Gold soars to record Rs76,899 per 10 grams amid global tensions and Fed ra
Updated : 1 year, 5 months ago IST
Experts say the surge in gold prices came amid a confluence of factors, including major central banks' dovish outlooks, slightly lower bond yields, and heightened geopolitical tensions.
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Even with potential cut in repo rate, bank deposit rates unlikely to be lo
Updated : 1 year, 5 months ago IST
A research report highlighted that even if the Reserve Bank of India (RBI) announces a rate cut, deposit costs in the banking system are expected to remain high due to the prevailing high credit-to-deposit ratio.
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India's renewable energy to grow at twice the pace than overall energy gro
Updated : 1 year, 5 months ago IST
India's renewable energy capacity is expected to grow at twice the rate of the country's overall energy capacity growth, highlighted a report by CRISIL.
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Findcollab an AI-Powered Platform for Connecting Brands with the Right Inf
Updated : 1 year, 5 months ago IST
New Delhi [India], October 16: Founded by Chandana M, Findcollab is an innovative AI-powered marketplace transforming the way brands connect with influencers for marketing campaigns. With a vision to streamline influencer marketing, Chandana launched this new platform in July 2024, follow
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Bajaj Finserv Gold Loan Calculator: Simplifying the Gold Loan Journey
Updated : 1 year, 5 months ago IST
Pune (Maharashtra) [India], October 16: Gold has indisputably earned its place in every Indian household, not only for its cultural significance but also for its role as a financial lifeline. When the need for funds arises, a gold loan can be a quick and convenient solution. For borrowers, t
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2nd Test: Ghulam, Ayub inspire Pakistan as England stay in hunt (Day 1, St
Updated : 1 year, 5 months ago IST
In an absorbing day of Test cricket, debutant Kamran Ghulam lifted Pakistan's spirits on the opening day where runs came at a rate below three against England in the second Test in Multan on Tuesday.
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