There’s been a lot of hype about the Swachh Bharat Abhiyan for some time now. Introduced by Prime Minister Narendra Modi, the Swachh Bharat Abhiyan aims to improve the sanitation across rural and urban areas.
Just like Ian Fleming’s iconic character, gold bonds have made a flamboyant entry into the scene. On Nov 5th, the Prime Minister launched the much anticipated Gold Bond Scheme, which is aimed at limiting the allure of physical gold. Here are a few things that you need to keep in mind succumbing to the yellow… Read More »
[table id=39 /] ***Up to Rs 500 Lac * Applicable Variable / Semi – Fixed for 2 to 3 years Rates* NOTE: Fixed/Floating Rates that vary with tenures within the specified loan amounts are indicated as a range. Fixed interest rates may be subject to a revision after a specified tenure depending on the bank’s… Read More »
Get a new PAN and PAN card in 48 hours flat, instead of the usual 15 days. Request for deletion or deactivation of your PAN from the comfort of your home. Or activate a wrongly deleted or deactivated one equally easily. Wondering what’s changed? The Government is all set to launch the Income Tax Business Application-Permanent… Read More »
Remember when you picked up a life insurance policy at your bank from the very conveniently placed insurance desk inside the bank premises? Well, that may be soon a thing of the past. If the Insurance Regulatory and Development Authority of India (IRDA) has its way, that is. The IRDA has recently asked banks to… Read More »
[table id=38 /] ***Up to Rs 500 Lac * Applicable Variable / Semi – Fixed for 2 to 3 years Rates* NOTE: Fixed/Floating Rates that vary with tenures within the specified loan amounts are indicated as a range. Fixed interest rates may be subject to a revision after a specified tenure depending on the bank’s… Read More »
Mobile phones are proving to be the Swiss army knife of gadgets. First came banking services. Followed by mobile payments. Now, you get free life insurance. Telenor is one of the first cellular service providers to launch a free insurance scheme for its new and existing customers. Although the cover is meagre, still, it is a… Read More »
Missed a funding round by Tiger Global? Passed over by Catamaran Ventures? Wondering what it’d take to land an angel investor or seed funder when everyone who’s anyone is getting funded? Fret not. Small finance banks are here! Budding and wannabe entrepreneurs can breathe a bit easy now. Late last month, the RBI granted new… Read More »
For the State Bank of India (SBI), the market leader in the home loans segment, old certainly seems to be gold. That is, old customers are gold. Nothing else explains the latest rate tweak by the leading lender, which has kept home loan spreads unchanged for existing borrowers but has increased the same for new customers.… Read More »
The Reserve Bank of India has cut the repo rate (the rate at which it lends to other banks) by 50 basis points, or 0.5%. In a move that caught many sections of investors by surprise, the Fourth Bimonthly Monetary Policy Review of the RBI reduced the repo rate to 6.75%, down from 7.25% earlier.… Read More »