Shaktikanta Das stated that the RBI has evolved from a central bank focused on resource allocation during the planning era to an enabler for the market economy
Rating upgrades surpassed downgrades in H2FY24. Outlook remains robust for H1FY25
They don't have to put their money in equity trade and yet build a corpus for their financial goals
Amount subscribers get on retirement is determined on how early they joined the scheme and the contribution amount
PAN card is required to file income tax returns, and it is important that all the details on the card are updated and correct
The RBI had earlier approved an interoperable system saying it will standardise settlement cycles for merchants, improve customer grievance mechanism
FICCI, Indian Banks' Association survey had 23 respondents represent 77% of industry by asset size
The government provides various options for citizens to plan their financial security
The current MD & CEO of the company, Abhay Bhutada, has been elevated to a group-level role
Strengthens top management with ex HDFC, Citi, Axis bankers
Unlocking financial security: Exploring the senior citizen savings scheme (SCSS)
Porcelain, stoneware or brass: The cutlery must be durable and easy to carry around in a party
Taxpayers are given a choice to choose between the old and new tax regimes
Deposit is to be made for 15 years from the date of account opening. The account will mature 21 years after the date of opening or at the time of marriage of the girl child
Nifty 500, India's broadest index, outperformed most of the world's leading indices except the Nasdaq 100 over the last 10 years, according to the study by Motilal Oswal Asset Management Co.
A conservative approach, diversified portfolio and don't be discouraged by setbacks in the market
Small Finance Banks offer the highest interest rates to senior citizens on fixed deposits
Banks offer a range of interest rates, starting as low as 8.45 per cent from UCO Bank and going up to 14.85 per cent at City Union Bank.
As India ages, the market to serve the elderly is expected to be worth almost $18 bn in five years
The committee, headed by D C Jain, a former senior officer with the CBI, is expected to suggest ways to protect bank executives from arbitrary actions related to loan decisions