Finance

Banks association and payments forums urge the Centre to restore the Merchant Discount Rates. Starting January 1, 2020, Finance Minister Nirmala Sitharaman announced for all businesses with an annual turnover of Rs 50 crore or more to…

SBI Card and Paytm have partenered to introduce contactless credit cards. The credit card company SBI Cards & Payment Services Ltd., or SBI Card has partnered with the digital payment platform Paytm, to launch contactless credit…

Don't Delay Credit Card, Loan EMI Even If RBI Has Allowed 3-Months Extention: Here Is The Reason Why? The lockdown announced by PM Modi for a period of 21 days to curb the spread of Covid-19 pandemic has brought the Indian businesses…

RBI Will Infuse Rs 1 Lakh Crore To Fight Coronavirus In India; US Stock Markets Witness Worst Day In 30 Years Due To Coronavirus The Covid-19 pandemic has not only affected the tech sector, which we have been fervently covering since…

Govt. Aims To Make UPI Transactions Free For All: Can This Impact Google Pay, Paytm? Remember just some time back we informed you about the government’s decision to not charge any MDR charges on transactions done via UPI and RuPay…

Upto 40% Salary Appraisal For BPO, Finance Employees; Bengaluru Will Get Highest Increment! As per the reports, corporate India is expected to roll double-digit salary hike this appraisal season and the average appraisals in 2020 and…

Income Tax Alert: Govt Will Remove All Exemptions; NRIs Will Be Forced To Pay Income Tax! As per the reports, the Finance Minister Nirmala Sitharaman has moved a proposal in the Union Budget aimed at taxing non-resident Indians (NRIs)…

Punjab National Bank can be merged with smaller banks With 144,952 branches of 159 scheduled commercial banks catering to the needs of about 1.3 billion people, the Indian banking system is one of the largest in the world. With the…

Over the past 5 years, the mutual fund industry has traversed many milestones to become a vital cog in the investor’s portfolio mix. There have been game changers introduced that have completely revolutionised the mutual fund realm. Gone…

The last time RBI had issued banking licenses was 2004; Kotak Mahindra Bank and Yes Bank were established. We have seen the kind of wealth creation that they were able to create in just six years. However, RBI seems to have a concern on…