Every day we hear about the banking scam at Punjab National Bank (PNB). Here’s the dope.
The Punjab National Bank fraud, which came to light on February 14, has rattled an already troubled Indian public sector banking community. Here’s what happened.
We’ll tell you in simple terms what the FRDI Bill and the bail-in clause are. Once you understand this, you’ll be able to decide on the best way to distribute your investments and whether or not you should rework your financial portfolio.
You just need a single document to open a bank account. Curious? Read on to know how the RBI has introduced KYC norms that make it easier to open an account.
Recently, the Financial Resolution and Deposit Insurance (FRDI) Bill, 2017 has been causing much uproar among the public for its controversial clauses. We’ll decode what this bill means for you.
Due to the significant increase in banking fraud, RBI has now issued new rules to make electronic transactions safer for customers. Read on to know more.
Banks are offering lower floating rates on Home Loans under MCLR post demonetisation. Switching your loan to MCLR may be a good idea. Read on to know more.
State Bank of India (SBI) has reduced interest rates for its retail term deposits. Read on to know more.
A 30-year loan can get you savings of about 10% of the principal amount. Read on to know more.
In April 2016 the Reserve Bank of India introduced the Marginal Cost of Funds based Lending Rate (MCLR) calculation for setting the interest rate on loans. Here’s a quick read to refresh your understanding of it.