Page 17 - Finance

Credit card users in India may no longer be able to overpay their dues

The banks have put guards in their applications to prevent customers from overpaying their credit card dues

Cashfree Payments launches one-step UPI payment solution for businesses

The one-step UPI payment solution has been created in partnership with NPCI and Axis Bank, ensuring complete security and compliance

India can teach the world about sustainability in food: Kunal Kapur

Even the simplest of Indian food 'bursts with flavours', says the celebrity chef

Lenders should release property docs within 30 days of loan repayments: RBI

For delays, attributable to the REs, beyond 30 days, they will compensate borrowers at a rate of 5,000 per day for each day of delay

Many Indians' intent to buy insurance doesn't lead to action: Report

Consumers spend 11% of their annual income on life insurance and 8% on health insurance, it says

Debit card usage slow for three years and UPI transactions up 428%

In August, UPI transactions hit 10 billion for the first time in a month. Monthly UPI payments are clocking more than Rs 15 trillion

Aadhaar card update: UIDAI extends last date for free update; details here

UIDAI has also asked Aadhaar holders of 10 years to update the details with the latest information

10 best side hustle ideas to earn extra money every month in 2023

Side hustles are the best way to make some extra money at home without quitting your existing full-time job. You can earn good money in your spare time. Here are the 10 side hustle ideas

Fitch affirms SBI's long term rating at 'BBB' on asset quality, loans

Agency revises outlook for lender's asset quality score from 'stable' to 'positive'

A step-by-step approach to CBDC

Why would anybody shift from UPI to CBDC? What are its advantages over UPI?

Liquidity continues to be in deficit, banks expect RBI repo auction

Liquidity in system went into deficit mode on Tuesday for the first time in this Financial Year

Why did the Bank of Baroda want to auction Sunny Deol's Juhu bungalow?

On Monday, Bank of Baroda said it had withdrawn the auction notice for Sunny Deol's Juhu bungalow

Lenders can impose penalty on defaults only as 'penal charges': RBI

Regulated entities are barred from imposing such charges in the 'penal interest' that is added to the rate of interest charged on the advances

'No further interest on penal charges': RBI issues new guidelines for loans

RBI's new instructions on penal charges on loans shall come into effect from January 1, 2024

Rupee ends at record low vs dollar as US Treasury yields hit 15-year high

External factors bear on the Indian unit as domestic fundamentals stay strong

Asci puts more onus on financial, health influencers in new ad guidelines

Asci said it is necessary that influencers in these two categories are qualified to provide advice and that these qualifications are stated upfront whenever they put out advertising posts

India plans to seek its own rating, testing mechanism for DPIs, DPGs

India is working to create collaborations in order to certify, register, test, and benchmark Indian digital public infrastructure (DPIs) and digital public goods (DPGs)

Financial inclusion a key area of interest for G20: Govt official

The Global Partnership for Financial Inclusion is committed to encourage and support private sector's involvement in expanding the scope for financial inclusion and bringing the unbanked population under its blanket, a senior government official said on Friday. Chanchal C Sarkar, adviser G20, department of economic affairs of the finance ministry, told Bharat Chamber of Commerce that 200 more million men than women have access to the internet and women are 21 per cent less likely to own a cell phone, underlining the need to rope in the private sector to help bridge the financial inclusion gap. He pointed out that under the impact of Digital Public Infrastructure (DPI) in India, the country achieved bank account ownership of 80 per cent people with the help of Jandhan accounts, mobile phones and Aadhar cards by 2019. He said about 1.4 billion people of G20 countries are currently unbanked. A total 55 per cent of them are women and the private sector's involvement is essential to brin

Tomato woes: MPC pegs inflation at over 6 per cent in current quarter

Inflation unlikely to fall to 4% target even in Q1 FY25; GDP growth projections kept intact

As a first time earner, here are your most ideal investment options

Unless you are good at building your own stock portfolio, it is advisable to invest through mutual funds or index ETFs.